ZIP 92129
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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
November. Asking rents in ZIP 92129 usually run 0.7% below trend in November and 0.9% above it in June, about $57 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 92129 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 92129 changed +3.0% 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 92129 rose 41.3% while median household income rose 24.8% ($125,250 to $156,321). Rent outpaced income.
Rent in ZIP 92129 is 44.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 8 of the last 12 months.
30% of the median household income ($156,321) is $3,908 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,250); a 3-bedroom is $4,330.
27th cheapest of 33 ZIP codes in San Diego.
ZIP 92128, 4 miles away, rents for 14% less ($3,060/mo), about $6,100 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 92129. 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 92129 (San Diego, CA) is majority owner-occupied, has a median income above the national average, 66.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 92129 in San Diego, CA has changed in 5 years
Rent in ZIP 92129 in San Diego, CA has increased 36.0% since 2021, going from about $2,622 per month to roughly $3,567 today. Census figures show median household income at $156,321 today, compared with $131,688 five years earlier. Rent outpaced income growth by roughly 17.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 53,742 to 52,965 between 2021 and 2024, a 1.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 61.9% to 66.3%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 92129
Last updated: October 17, 2026
ZIP code 92129 covers San Diego, CA. The median rent here is $3,567/mo as of October 2026. A 1-bedroom rents for a median of $2,660/mo. A 2-bedroom rents for a median of $3,250/mo.
At 27% of local median household income ($156,321/yr), ZIP 92129 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.
Frequently asked questions
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How does ZIP 92129 compare to the rest of San Diego?
At $3,567/mo, rent takes ~27% of ZIP 92129's median household income ($156,321/yr). The standard benchmark is 30%.
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