ZIP Code · CA

ZIP 92111

Pop. 45,249·San Diego County·315th most expensive ZIP in California
Median rent (all units)
$3,059/mo
Year-over-Year
+1.1%
Month-over-Month
+0.4%
vs US Median
+$1,127
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92111 · $3,059
More expensive than 91% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,270
1 BR
$2,440
2 BR
$2,980
3 BR
$3,970
4 BR+
$4,810
Research median
$2,980/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

March. Asking rents in ZIP 92111 usually run 0.8% below trend in March and 1.1% above it in August, about $58 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 92111 is at its highest level since Zillow's records here began in January 2016.

Past year vs. the rest of California

Rent in ZIP 92111 changed +1.1% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 92111 rose 46.4% while median household income rose 34.3% ($74,217 to $99,644). Rent outpaced income.

Since before the pandemic

Rent in ZIP 92111 is 46.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($99,644) is $2,491 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,440); a 2-bedroom is $2,980.

Rank in San Diego

19th cheapest of 33 ZIP codes in San Diego.

Cheaper nearby

ZIP 92117, 2 miles away, rents for 11% less ($2,716/mo), about $4,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92111. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$36,708/yr
At $3,059/mo median
Location
StateCA
CountySan Diego County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.1% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 92111 (San Diego, CA) is roughly split between renters and owners, has a median income above the national average, 45.7% of residents hold a bachelor's degree or higher.

Population
45,249
Median income
$99,644
Median age
38.5
Renters
47.1%
Age distribution
16.5%
28.4%
26.7%
16.6%
Under 1816.5%
18–3428.4%
35–5426.7%
55–6411.8%
65+16.6%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
52.2%
25.5%
20.8%
White52.2%
Black3.5%
Hispanic25.5%
Asian20.8%
Education (25+)
19.3%
24.5%
45.7%
No HS diploma10.5%
HS diploma19.3%
Some college24.5%
Bachelor's+45.7%
Housing tenure
52.9%
47.1%
Owner52.9%
Renter47.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 92111 in San Diego, CA has changed in 5 years

Rent
$2,199 → $3,059
up 39.1%
Income
$85,347 → $99,644
up 16.8%
Population
49,351 → 45,249
down 8.3%
Renter share
46.7% → 47.1%
+0.4 pts
Bachelor's+
42.6% → 45.7%
+3.1 pts
Median age
35.9 → 38.5
+2.6 yrs

Compared with 2021, rent in ZIP 92111 in San Diego, CA has climbed by $860 per month, settling near $3,059 after starting the period at $2,199. Local incomes tracked alongside that move, going from a median of $85,347 in 2021 to $99,644 more recently. Rent outpaced income growth by roughly 22.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 49,351 to 45,249 between 2021 and 2024, a 8.3% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 42.6% to 45.7%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 92111 in San Diego, CA market of 2021.

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Local insights

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About renting in ZIP 92111

Last updated: October 17, 2026

ZIP code 92111 covers San Diego, CA. The median rent here is $3,059/mo as of October 2026. A 1-bedroom rents for a median of $2,440/mo. A 2-bedroom rents for a median of $2,980/mo.

At 37% of local median household income ($99,644/yr), ZIP 92111 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92111?

To keep rent at or below 30% of gross income, you would need to earn at least $122,000/year (about $59/hour full-time) to afford the median rent of $3,059/mo in ZIP 92111. The local median household income is $99,644/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92111?

Rent in ZIP 92111 has risen 1.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2016.

When is the cheapest time to rent in ZIP 92111?

Asking rents in ZIP 92111 are usually lowest in March, about 0.8% below their yearly trend, and highest in August, about 1.1% above it. At today's median that is a gap of roughly $58 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 92111?

Yes. From 2019 to 2024, rent in ZIP 92111 rose 46.4% while median household income rose 34.3%, from $74,217 to $99,644. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92111 compare to other ZIPs in California?

ZIP 92111 is in the middle among California ZIP codes for rent, ranking #315 of 898 at $3,059/mo. Over the year to September 2026, rent in ZIP 92111 changed +1.1%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92111 compare to the rest of San Diego?

At $3,059/mo, ZIP 92111 is $55 above the San Diego citywide median of $3,004/mo. It is the 19th cheapest of 33 ZIP codes in San Diego.
Income Affordability
37%
MODERATE

At $3,059/mo, rent takes ~37% of ZIP 92111's median household income ($99,644/yr). The standard benchmark is 30%.

ZIP 92111 37%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 92111 (San Diego, CA)

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