ZIP Code · CA

ZIP 92124

Part of San Diego, CA

Pop. 30,474·San Diego County·351st most expensive ZIP in California

Median rent (all units)

$2,986/mo

Year-over-Year

+2.0%

Month-over-Month

Stable

vs US Median

+$1,054

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 92124 · $2,986

More expensive than 90% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,100

1 BR

$2,254

2 BR

$2,753

3 BR

$3,669

4 BR+

$4,444

Research median

$2,753/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

February. Asking rents in ZIP 92124 usually run 1% below trend in February and 1% above it in September, about $60 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 92124 is at its highest level since Zillow's records here began in April 2021.

Past year vs. the rest of California

Rent in ZIP 92124 changed +2.1% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has risen 8 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($120,201) is $3,005 a month. That is less than HUD's Fair Market Rent for a studio ($3,280).

Rank in San Diego

17th cheapest of 33 ZIP codes in San Diego.

Cheaper nearby

ZIP 92119, 4 miles away, rents for 18% less ($2,456/mo), about $6,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92124. 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

$35,832/yr

At $2,986/mo median

Location

CitySan Diego

StateCA

CountySan Diego County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.0% YoY, +0.0% MoM), not inventory.

Demographics

Who lives here

ZIP 92124 (San Diego, CA) is roughly split between renters and owners, has a large share of families with children, has a median income above the national average, 55.9% of residents hold a bachelor's degree or higher.

Population

30,474

Median income

$120,201

Median age

Renters

53.5%

Age distribution

27.1%

27.6%

21.9%

13.6%

Under 1827.1%

18–3427.6%

35–5421.9%

55–649.8%

65+13.6%

Gender

49.5%

50.5%

Male49.5%

Female50.5%

Race & ethnicity

60.8%

19.8%

White60.8%

Black7.4%

Hispanic19.8%

Asian11.1%

Other0.9%

Education (25+)

28.9%

55.9%

No HS diploma3.3%

HS diploma11.9%

Some college28.9%

Bachelor's+55.9%

Housing tenure

46.5%

53.5%

Owner46.5%

Renter53.5%

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

2021 vs 2026

How ZIP 92124 in San Diego, CA has changed in 5 years

Rent

$2,198 → $2,986

up 35.9%

Income

$98,693 → $120,201

up 21.8%

Population

31,593 → 30,474

down 3.5%

Renter share

53.5% → 53.5%

+0.0 pts

Bachelor's+

54.8% → 55.9%

+1.1 pts

Five years ago, renters in ZIP 92124 in San Diego, CA paid around $2,198 a month. That figure now sits near $2,986, up 35.9% from the 2021 baseline. Median household income climbed from $98,693 to $120,201 between 2021 and 2024, a 21.8% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 92124 in San Diego, CA losing about 1,119 residents over the five-year window, down 3.5% on net. Taken together, the five-year picture in ZIP 92124 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.

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About renting in ZIP 92124

Last updated: October 17, 2026

ZIP code 92124 covers San Diego, CA. The median rent here is $2,986/mo as of October 2026. A 1-bedroom rents for a median of $2,254/mo. A 2-bedroom rents for a median of $2,753/mo.

At 30% of local median household income ($120,201/yr), ZIP 92124 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92124?

To keep rent at or below 30% of gross income, you would need to earn at least $119,000/year (about $57/hour full-time) to afford the median rent of $2,986/mo in ZIP 92124. The local median household income is $120,201/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 92124?

Rent in ZIP 92124 has risen 2.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2021.

When is the cheapest time to rent in ZIP 92124?

Asking rents in ZIP 92124 are usually lowest in February, about 1% below their yearly trend, and highest in September, about 1% above it. At today's median that is a gap of roughly $60 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 92124 compare to other ZIPs in California?

ZIP 92124 is in the middle among California ZIP codes for rent, ranking #351 of 898 at $2,986/mo. Over the year to September 2026, rent in ZIP 92124 changed +2.1%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.