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ZIP Code · CA

ZIP 92123

Pop. 33,041·San Diego County·297th most expensive ZIP in California
Median rent (all units)
$3,133/mo
Year-over-Year
+3.1%
Month-over-Month
+1.9%
vs US Median
+$1,168
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92123 · $3,133
More expensive than 92% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,900
1 BR
$3,110
2 BR
$3,800
3 BR
$5,060
4 BR+
$6,140
Research median
$3,800/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
$37,596/yr
At $3,133/mo median
Location
StateCA
CountySan Diego County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.1% YoY, +1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 92123 (San Diego, CA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 48.6% of residents hold a bachelor's degree or higher.

Population
33,041
Median income
$132,534
Median age
35.3
Renters
55.6%
Age distribution
17.9%
31.6%
26.8%
Under 1817.9%
18–3431.6%
35–5426.8%
55–6411.9%
65+11.8%
Gender
53.4%
46.6%
Male53.4%
Female46.6%
Race & ethnicity
47.6%
22.8%
20.5%
White47.6%
Black6.4%
Hispanic22.8%
Asian20.5%
Other2.7%
Education (25+)
15.5%
29.7%
48.6%
No HS diploma6.2%
HS diploma15.5%
Some college29.7%
Bachelor's+48.6%
Housing tenure
44.4%
55.6%
Owner44.4%
Renter55.6%

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

2021 vs 2026

How ZIP 92123 in San Diego, CA has changed in 5 years

Rent
$2,332 → $3,133
up 34.3%
Income
$97,691 → $132,534
up 35.7%
Population
33,035 → 33,041
up 0.0%
Renter share
54.2% → 55.6%
+1.4 pts
Bachelor's+
46.4% → 48.6%
+2.2 pts

Rent in ZIP 92123 in San Diego, CA has increased 34.3% since 2021, going from about $2,332 per month to roughly $3,133 today. Local incomes tracked alongside that move, going from a median of $97,691 in 2021 to $132,534 more recently. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 46.4% to 48.6%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 92123 in San Diego, CA market of 2021.

Community

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Local insights

Tips for renters in ZIP 92123

About renting in ZIP 92123

Last updated: July 20, 2026

ZIP code 92123 covers San Diego, CA. The median rent here is $3,133/mo as of July 2026. A 1-bedroom rents for a median of $3,110/mo. A 2-bedroom rents for a median of $3,800/mo.

At 28% of local median household income ($132,534/yr), ZIP 92123 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 92123?

As of July 20, 2026, the median monthly rent in ZIP 92123 (San Diego, CA) is $3,133. This is based on aggregated data from public sources and community submissions.

How does ZIP 92123 rent compare to the US average?

ZIP 92123's median rent of $3,133/mo is $1,168 (59%) above the US national median of $1,965/mo.

How does ZIP 92123 compare to other ZIPs in California?

ZIP 92123 is one of the pricier ZIP codes in California, ranking #297 out of 907 ZIPs tracked at $3,133/mo.

How much income do you need to rent in ZIP 92123?

To keep rent at or below 30% of gross income, you would need to earn at least $125,000/year (~$60/hour full-time) to afford the median rent of $3,133/mo in ZIP 92123. The local median household income is $132,534/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 92123?

Rent in ZIP 92123 has increased 3.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 92123 an affordable place to rent?

ZIP 92123 is considered affordable for renters. At $3,133/mo, rent takes approximately 28% of the local median household income ($132,534/yr). The standard benchmark is 30%. ZIP 92123 falls comfortably within that range.

What percentage of ZIP 92123 residents rent vs. own?

According to Census data, approximately 55.6% of ZIP 92123 households are renters, while 44.4% are owner-occupied. With a majority renter population, ZIP 92123 has a strong rental market.

How does ZIP 92123 compare to the rest of San Diego?

ZIP 92123 is pricier than San Diego as a whole. At $3,133/mo, it's $95 above the San Diego citywide median of $3,038/mo.

When was rent data for ZIP 92123 last updated?

Rent data for ZIP 92123 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $3,133/mo, rent takes ~28% of ZIP 92123's median household income ($132,534/yr). The standard benchmark is 30%.

ZIP 92123 28%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 92123 (San Diego, CA)

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