ZIP Code · CA

ZIP 92121

Pop. 3,974·San Diego County·127th most expensive ZIP in California
Median rent (all units)
$3,835/mo
Year-over-Year
Stable
Month-over-Month
+1.6%
vs US Median
+$1,903
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92121 · $3,835
More expensive than 97% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,680
1 BR
$2,880
2 BR
$3,520
3 BR
$4,690
4 BR+
$5,680
Research median
$3,520/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

What a typical income covers

30% of the median household income ($135,938) is $3,398 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,880); a 2-bedroom is $3,520.

Rank in San Diego

30th cheapest of 33 ZIP codes in San Diego.

Cheaper nearby

ZIP 92122, 3 miles away, rents for 14% less ($3,285/mo), about $6,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92121. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$46,020/yr
At $3,835/mo median
Location
StateCA
CountySan Diego County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 92121 (San Diego, CA) is roughly split between renters and owners, skews toward younger working-age adults, has a median income above the national average, 74.4% of residents hold a bachelor's degree or higher.

Population
3,974
Median income
$135,938
Median age
32.7
Renters
50.4%
Age distribution
12.4%
40.7%
21.9%
13.9%
Under 1812.4%
18–3440.7%
35–5421.9%
55–6413.9%
65+11.1%
Gender
54.8%
45.2%
Male54.8%
Female45.2%
Race & ethnicity
50.2%
13.5%
26.3%
White50.2%
Black2.1%
Hispanic13.5%
Asian26.3%
Other7.9%
Education (25+)
16.7%
74.4%
No HS diploma0.7%
HS diploma8.2%
Some college16.7%
Bachelor's+74.4%
Housing tenure
49.6%
50.4%
Owner49.6%
Renter50.4%

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

2021 vs 2026

How ZIP 92121 in San Diego, CA has changed in 5 years

Income
$117,200 → $135,938
up 16.0%
Population
4,213 → 3,974
down 5.7%
Renter share
46% → 50.4%
+4.4 pts
Bachelor's+
78.6% → 74.4%
-4.2 pts

On the earnings side, the typical household in ZIP 92121 in San Diego, CA now reports about $135,938, up from $117,200 in 2021. The population has contracted by 5.7% since 2021, moving from about 4,213 residents to roughly 3,974. Renters now make up 50.4% of households, compared with 46% five years ago. College-educated residents now make up 74.4% of adults here, versus 78.6% in 2021.

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Local insights

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About renting in ZIP 92121

Last updated: October 17, 2026

ZIP code 92121 covers San Diego, CA. The median rent here is $3,835/mo as of October 2026. A 1-bedroom rents for a median of $2,880/mo. A 2-bedroom rents for a median of $3,520/mo.

At 34% of local median household income ($135,938/yr), ZIP 92121 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92121?

To keep rent at or below 30% of gross income, you would need to earn at least $153,000/year (about $74/hour full-time) to afford the median rent of $3,835/mo in ZIP 92121. The local median household income is $135,938/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92121?

Rent in ZIP 92121 has been roughly flat over the past year, a 0.0% change.

How does ZIP 92121 compare to other ZIPs in California?

ZIP 92121 is one of the pricier among California ZIP codes for rent, ranking #127 of 898 at $3,835/mo.

How does ZIP 92121 compare to the rest of San Diego?

At $3,835/mo, ZIP 92121 is $831 above the San Diego citywide median of $3,004/mo. It is the 30th cheapest of 33 ZIP codes in San Diego.
Income Affordability
34%
MODERATE

At $3,835/mo, rent takes ~34% of ZIP 92121's median household income ($135,938/yr). The standard benchmark is 30%.

ZIP 92121 34%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 92121 (San Diego, CA)

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