ZIP Code · CA

ZIP 92131

Pop. 35,503·San Diego County·164th most expensive ZIP in California
Median rent (all units)
$3,589/mo
Year-over-Year
+2.2%
Month-over-Month
+0.4%
vs US Median
+$1,657
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92131 · $3,589
More expensive than 96% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$3,170
1 BR
$3,410
2 BR
$4,160
3 BR
$5,540
4 BR+
$6,720
Research median
$4,160/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 92131 usually run 1.3% below trend in December and 1.1% above it in August, about $86 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 92131 is at its highest level since Zillow's records here began in April 2015.

Past year vs. the rest of California

Rent in ZIP 92131 changed +2.2% 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 92131 rose 40.4% while median household income rose 34.7% ($137,500 to $185,256). Rent outpaced income.

Since before the pandemic

Rent in ZIP 92131 is 41% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($185,256) is $4,631 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($4,160); a 3-bedroom is $5,540.

Rank in San Diego

28th cheapest of 33 ZIP codes in San Diego.

Cheaper nearby

ZIP 92126, 4 miles away, rents for 15% less ($3,044/mo), about $6,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92131. 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
$43,068/yr
At $3,589/mo median
Location
StateCA
CountySan Diego County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.2% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 92131 (San Diego, CA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 72.2% of residents hold a bachelor's degree or higher.

Population
35,503
Median income
$185,256
Median age
43.6
Renters
19.9%
Age distribution
25.1%
13.2%
29.4%
14.4%
17.8%
Under 1825.1%
18–3413.2%
35–5429.4%
55–6414.4%
65+17.8%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
52%
31%
White52%
Black1.4%
Hispanic10.1%
Asian31%
Other5.5%
Education (25+)
17.8%
72.2%
No HS diploma1.9%
HS diploma8.1%
Some college17.8%
Bachelor's+72.2%
Housing tenure
80.1%
19.9%
Owner80.1%
Renter19.9%

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

2021 vs 2026

How ZIP 92131 in San Diego, CA has changed in 5 years

Rent
$2,687 → $3,589
up 33.6%
Income
$153,058 → $185,256
up 21.0%
Population
36,070 → 35,503
down 1.6%
Renter share
19.7% → 19.9%
+0.2 pts
Bachelor's+
68.8% → 72.2%
+3.4 pts
Median age
41.2 → 43.6
+2.4 yrs

Five years ago, renters in ZIP 92131 in San Diego, CA paid around $2,687 a month. That figure now sits near $3,589, up 33.6% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $153,058 in 2021 to $185,256 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 92131 in San Diego, CA losing about 567 residents over the five-year window, down 1.6% on net. Bachelor's-degree-or-higher attainment moved from 68.8% to 72.2% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 92131 in San Diego, CA market of 2021.

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Local insights

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About renting in ZIP 92131

Last updated: October 17, 2026

ZIP code 92131 covers San Diego, CA. The median rent here is $3,589/mo as of October 2026. A 1-bedroom rents for a median of $3,410/mo. A 2-bedroom rents for a median of $4,160/mo.

At 23% of local median household income ($185,256/yr), ZIP 92131 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92131?

To keep rent at or below 30% of gross income, you would need to earn at least $144,000/year (about $69/hour full-time) to afford the median rent of $3,589/mo in ZIP 92131. The local median household income is $185,256/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 92131?

Rent in ZIP 92131 has risen 2.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2015.

When is the cheapest time to rent in ZIP 92131?

Asking rents in ZIP 92131 are usually lowest in December, about 1.3% below their yearly trend, and highest in August, about 1.1% above it. At today's median that is a gap of roughly $86 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 92131?

Yes. From 2019 to 2024, rent in ZIP 92131 rose 40.4% while median household income rose 34.7%, from $137,500 to $185,256. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92131 compare to other ZIPs in California?

ZIP 92131 is one of the pricier among California ZIP codes for rent, ranking #164 of 898 at $3,589/mo. Over the year to September 2026, rent in ZIP 92131 changed +2.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92131 compare to the rest of San Diego?

At $3,589/mo, ZIP 92131 is $585 above the San Diego citywide median of $3,004/mo. It is the 28th cheapest of 33 ZIP codes in San Diego.
Income Affordability
23%
VERY AFFORDABLE

At $3,589/mo, rent takes ~23% of ZIP 92131's median household income ($185,256/yr). The standard benchmark is 30%.

ZIP 92131 23%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 92131 (San Diego, CA)

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