ZIP Code · CA

ZIP 92154

Pop. 80,445·San Diego County·354th most expensive ZIP in California
Median rent (all units)
$2,971/mo
Year-over-Year
+2.9%
Month-over-Month
+0.5%
vs US Median
+$1,039
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92154 · $2,971
More expensive than 90% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,250
1 BR
$2,420
2 BR
$2,950
3 BR
$3,930
4 BR+
$4,760
Research median
$2,950/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

January. Asking rents in ZIP 92154 usually run 0.6% below trend in January and 0.7% above it in October, about $39 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 92154 is at its highest level since Zillow's records here began in January 2018.

Past year vs. the rest of California

Rent in ZIP 92154 changed +2.9% 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 92154 rose 44.1% while median household income rose 42.7% ($66,498 to $94,901). Rent outpaced income.

Since before the pandemic

Rent in ZIP 92154 is 45.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($94,901) is $2,373 a month. That covers HUD's Fair Market Rent for up to a studio ($2,250); a 1-bedroom is $2,420.

Rank in San Diego

16th cheapest of 33 ZIP codes in San Diego.

Cheaper nearby

ZIP 92173, 2 miles away, rents for 14% less ($2,566/mo), about $4,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92154. 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
$35,652/yr
At $2,971/mo median
Location
StateCA
CountySan Diego County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.9% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 92154 (San Diego, CA) is majority owner-occupied, has a median income above the national average, 22% of residents hold a bachelor's degree or higher.

Population
80,445
Median income
$94,901
Median age
36.5
Renters
38.9%
Age distribution
22.9%
25%
27.1%
14.2%
Under 1822.9%
18–3425%
35–5427.1%
55–6410.8%
65+14.2%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
25.5%
68.2%
White25.5%
Black5.4%
Hispanic68.2%
Asian11.9%
Education (25+)
19.9%
26.8%
31.3%
22%
No HS diploma19.9%
HS diploma26.8%
Some college31.3%
Bachelor's+22%
Housing tenure
61.1%
38.9%
Owner61.1%
Renter38.9%

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

2021 vs 2026

How ZIP 92154 in San Diego, CA has changed in 5 years

Rent
$2,140 → $2,971
up 38.8%
Income
$74,705 → $94,901
up 27.0%
Population
85,024 → 80,445
down 5.4%
Renter share
38.9% → 38.9%
+0.0 pts
Bachelor's+
18% → 22%
+4.0 pts
Median age
35 → 36.5
+1.5 yrs

Across the past five years, the going rent in ZIP 92154 in San Diego, CA has shifted from $2,140 to $2,971, up 38.8% since 2021. Local incomes tracked alongside that move, going from a median of $74,705 in 2021 to $94,901 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 92154 in San Diego, CA losing about 4,579 residents over the five-year window, down 5.4% on net. Bachelor's-degree-or-higher attainment moved from 18% to 22% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 92154 in San Diego, CA market of 2021.

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Local insights

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About renting in ZIP 92154

Last updated: October 17, 2026

ZIP code 92154 covers San Diego, CA. The median rent here is $2,971/mo as of October 2026. A 1-bedroom rents for a median of $2,420/mo. A 2-bedroom rents for a median of $2,950/mo.

At 38% of local median household income ($94,901/yr), ZIP 92154 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92154?

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 $2,971/mo in ZIP 92154. The local median household income is $94,901/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92154?

Rent in ZIP 92154 has risen 2.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2018.

When is the cheapest time to rent in ZIP 92154?

Asking rents in ZIP 92154 are usually lowest in January, about 0.6% below their yearly trend, and highest in October, about 0.7% above it. At today's median that is a gap of roughly $39 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 92154?

Yes. From 2019 to 2024, rent in ZIP 92154 rose 44.1% while median household income rose 42.7%, from $66,498 to $94,901. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92154 compare to other ZIPs in California?

ZIP 92154 is in the middle among California ZIP codes for rent, ranking #354 of 898 at $2,971/mo. Over the year to September 2026, rent in ZIP 92154 changed +2.9%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92154 compare to the rest of San Diego?

At $2,971/mo, ZIP 92154 is $33 below the San Diego citywide median of $3,004/mo. It is the 16th cheapest of 33 ZIP codes in San Diego.
Income Affordability
38%
MODERATE

At $2,971/mo, rent takes ~38% of ZIP 92154's median household income ($94,901/yr). The standard benchmark is 30%.

ZIP 92154 38%Benchmark 30%
State income tax1–13.3%
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