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ZIP Code · CA

ZIP 92116

Pop. 31,843·San Diego County·609th most expensive ZIP in California
Median rent (all units)
$2,518/mo
Year-over-Year
+3.0%
Month-over-Month
-0.8%
vs US Median
+$553
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 92116 · $2,518
More expensive than 80% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,320
1 BR
$2,490
2 BR
$3,040
3 BR
$4,050
4 BR+
$4,910
Research median
$3,040/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: July 20, 2026

Annual cost
$30,216/yr
At $2,518/mo median
Location
StateCA
CountySan Diego County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+3.0% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 92116 (San Diego, CA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 59.2% of residents hold a bachelor's degree or higher.

Population
31,843
Median income
$98,154
Median age
35.7
Renters
67.6%
Age distribution
37%
31.4%
12.2%
Under 1810.9%
18–3437%
35–5431.4%
55–648.5%
65+12.2%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
59.8%
28.2%
White59.8%
Black4.3%
Hispanic28.2%
Asian6.3%
Other1.4%
Education (25+)
26.7%
59.2%
No HS diploma4.3%
HS diploma9.9%
Some college26.7%
Bachelor's+59.2%
Housing tenure
32.4%
67.6%
Owner32.4%
Renter67.6%

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

2021 vs 2026

How ZIP 92116 in San Diego, CA has changed in 5 years

Rent
$1,896 → $2,518
up 32.8%
Income
$83,869 → $98,154
up 17.0%
Population
31,470 → 31,843
up 1.2%
Renter share
66.2% → 67.6%
+1.4 pts
Bachelor's+
56.7% → 59.2%
+2.5 pts

The median rent in ZIP 92116 in San Diego, CA stood at $1,896 in 2021 and currently runs about $2,518, reflecting a 32.8% increase over the period. Median household income rose from $83,869 to $98,154 between 2021 and 2024, a 17.0% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.2% since 2021, moving from about 31,470 residents to roughly 31,843. College-educated residents now make up 59.2% of adults here, versus 56.7% in 2021. Taken together, the five-year picture in ZIP 92116 in San Diego, CA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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Local insights

Tips for renters in ZIP 92116

About renting in ZIP 92116

Last updated: July 20, 2026

ZIP code 92116 covers San Diego, CA. The median rent here is $2,518/mo as of July 2026. A 1-bedroom rents for a median of $2,490/mo. A 2-bedroom rents for a median of $3,040/mo.

At 31% of local median household income ($98,154/yr), ZIP 92116 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 92116?

As of July 20, 2026, the median monthly rent in ZIP 92116 (San Diego, CA) is $2,518. This is based on aggregated data from public sources and community submissions.

How does ZIP 92116 rent compare to the US average?

ZIP 92116's median rent of $2,518/mo is $553 (28%) above the US national median of $1,965/mo.

How does ZIP 92116 compare to other ZIPs in California?

ZIP 92116 is among the more affordable ZIP codes in California, ranking #609 out of 907 ZIPs at $2,518/mo.

How much income do you need to rent in ZIP 92116?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,518/mo in ZIP 92116. The local median household income is $98,154/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 92116?

Rent in ZIP 92116 has increased 3.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 92116 an affordable place to rent?

ZIP 92116 is considered moderate for renters. At $2,518/mo, rent takes approximately 31% of the local median household income ($98,154/yr). The standard benchmark is 30%. ZIP 92116 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 92116 residents rent vs. own?

According to Census data, approximately 67.6% of ZIP 92116 households are renters, while 32.4% are owner-occupied. With a majority renter population, ZIP 92116 has a strong rental market.

How does ZIP 92116 compare to the rest of San Diego?

ZIP 92116 is more affordable than San Diego overall. At $2,518/mo, it's $520 below the San Diego citywide median of $3,038/mo.

When was rent data for ZIP 92116 last updated?

Rent data for ZIP 92116 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $2,518/mo, rent takes ~31% of ZIP 92116's median household income ($98,154/yr). The standard benchmark is 30%.

ZIP 92116 31%Benchmark 30%
State income tax1–13.3%
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