ZIP 92118
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
October. Asking rents in ZIP 92118 usually run 1.8% below trend in October and 2.8% above it in July, about $236 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 92118 is 1.1% below its high of $5,178 in June 2026, at $5,122 as of September 2026.
Rent in ZIP 92118 changed +2.0% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.
From 2019 to 2024, rent in ZIP 92118 rose 52.9% while median household income rose 23.5% ($108,967 to $134,534). Rent outpaced income.
Rent in ZIP 92118 is 58.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($134,534) is $3,363 a month. That is less than HUD's Fair Market Rent for a studio ($3,430).
ZIP 92106, 2 miles away, rents for 44% less ($2,875/mo), about $27,000 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 92118. 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.
Who lives here
ZIP 92118 (Coronado, CA) is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 65.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 92118 in Coronado, CA has changed in 5 years
Since 2021, the typical rent in ZIP 92118 in Coronado, CA has climbed from $3,294 to $5,122, a 55.5% change over five years. Median household income rose from $114,559 to $134,534 between 2021 and 2024, a 17.4% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 3.8% since 2021, moving from about 19,672 residents to roughly 18,929. Taken together, the five-year picture in ZIP 92118 in Coronado, 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.
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Tips for renters in ZIP 92118
Last updated: October 17, 2026
ZIP code 92118 covers Coronado, CA. The median rent here is $5,122/mo as of October 2026. A 1-bedroom rents for a median of $3,690/mo. A 2-bedroom rents for a median of $4,500/mo.
At 46% of local median household income ($134,534/yr), ZIP 92118 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.
Frequently asked questions
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How does ZIP 92118 compare to other ZIPs in California?
How does ZIP 92118 compare to the rest of Coronado?
At $5,122/mo, rent takes ~46% of ZIP 92118's median household income ($134,534/yr). The standard benchmark is 30%.
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