As a local realtor, I’m always keeping an eye on the real estate market, especially when it comes to rent prices. According to San Diego Union-Tribune, rents in San Diego have been climbing steadily, putting a strain on many renters’ budgets.
Since 2019, the average rent for a one-bedroom unit in San Diego has increased by a whopping 41%, or $658 per month. That means a unit that cost $1,590 in 2019 now costs an average of $2,248. While this increase may seem shocking, it’s important to remember that San Diego is not alone. In fact, the city’s average rent increase ranks seventh highest in the nation out of the 50 largest metro areas.
The rising cost of rent is a major concern for many San Diegans, particularly those who are struggling to make ends meet. It’s a complex issue with no easy answers, but it’s one that we need to address.
If you’re considering buying a home in San Diego, I can help you navigate the process and find the right property for your needs and budget. I can also provide you with valuable insights into the local market and help you make informed decisions.
**Ready to make a move?** Check out the services I offer on my website: https://robertluiswallace.com/services/
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