ZIP Code · CA

ZIP 92127

Pop. 50,555·San Diego County·136th most expensive ZIP in California
Median rent (all units)
$3,762/mo
Year-over-Year
+3.4%
Month-over-Month
+0.5%
vs US Median
+$1,830
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92127 · $3,762
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
$2,750
1 BR
$2,960
2 BR
$3,610
3 BR
$4,810
4 BR+
$5,830
Research median
$3,610/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

December. Asking rents in ZIP 92127 usually run 1.7% below trend in December and 0.9% above it in June, about $98 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 92127 is at its highest level since Zillow's records here began in April 2016.

Past year vs. the rest of California

Rent in ZIP 92127 changed +3.4% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 92127 rose 44.3% while median household income rose 41.3% ($138,338 to $195,520). Rent outpaced income.

Since before the pandemic

Rent in ZIP 92127 is 42% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($195,520) is $4,888 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($4,810); a 4-bedroom is $5,830.

Rank in San Diego

29th cheapest of 33 ZIP codes in San Diego.

Cheaper nearby

ZIP 92128, 4 miles away, rents for 19% less ($3,060/mo), about $8,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92127. 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
$45,144/yr
At $3,762/mo median
Location
StateCA
CountySan Diego County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.4% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 92127 (San Diego, CA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 73.1% of residents hold a bachelor's degree or higher.

Population
50,555
Median income
$195,520
Median age
39
Renters
26.6%
Age distribution
27.2%
16.7%
32.8%
13.7%
Under 1827.2%
18–3416.7%
35–5432.8%
55–649.6%
65+13.7%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
47.7%
33.8%
White47.7%
Black2.5%
Hispanic8.3%
Asian33.8%
Other7.7%
Education (25+)
17.1%
73.1%
No HS diploma3.1%
HS diploma6.7%
Some college17.1%
Bachelor's+73.1%
Housing tenure
73.4%
26.6%
Owner73.4%
Renter26.6%

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

2021 vs 2026

How ZIP 92127 in San Diego, CA has changed in 5 years

Rent
$2,699 → $3,762
up 39.4%
Income
$156,464 → $195,520
up 25.0%
Population
50,852 → 50,555
down 0.6%
Renter share
32.2% → 26.6%
-5.6 pts
Bachelor's+
73.6% → 73.1%
-0.5 pts
Median age
36.3 → 39
+2.7 yrs

Across the past five years, the going rent in ZIP 92127 in San Diego, CA has shifted from $2,699 to $3,762, up 39.4% since 2021. Median household income climbed from $156,464 to $195,520 between 2021 and 2024, a 25.0% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 32.2% to 26.6%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 92127 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 92127

Last updated: October 17, 2026

ZIP code 92127 covers San Diego, CA. The median rent here is $3,762/mo as of October 2026. A 1-bedroom rents for a median of $2,960/mo. A 2-bedroom rents for a median of $3,610/mo.

At 23% of local median household income ($195,520/yr), ZIP 92127 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92127?

To keep rent at or below 30% of gross income, you would need to earn at least $150,000/year (about $72/hour full-time) to afford the median rent of $3,762/mo in ZIP 92127. The local median household income is $195,520/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 92127?

Rent in ZIP 92127 has risen 3.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2016.

When is the cheapest time to rent in ZIP 92127?

Asking rents in ZIP 92127 are usually lowest in December, about 1.7% below their yearly trend, and highest in June, about 0.9% above it. At today's median that is a gap of roughly $98 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 92127?

Yes. From 2019 to 2024, rent in ZIP 92127 rose 44.3% while median household income rose 41.3%, from $138,338 to $195,520. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92127 compare to other ZIPs in California?

ZIP 92127 is one of the pricier among California ZIP codes for rent, ranking #136 of 898 at $3,762/mo. Over the year to September 2026, rent in ZIP 92127 changed +3.4%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92127 compare to the rest of San Diego?

At $3,762/mo, ZIP 92127 is $758 above the San Diego citywide median of $3,004/mo. It is the 29th cheapest of 33 ZIP codes in San Diego.
Income Affordability
23%
VERY AFFORDABLE

At $3,762/mo, rent takes ~23% of ZIP 92127's median household income ($195,520/yr). The standard benchmark is 30%.

ZIP 92127 23%Benchmark 30%
State income tax1–13.3%
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