San Diego Apartment Costs and Amenities
San Diego is home to an increasingly competitive rental housing market with relatively few vacancies. The southern California city's employment opportunities and coastal location make it attractive to many renters.
As a result of trends in supply and demand, monthly rents have risen considerably in recent years. Some landlords used a portion of this revenue to introduce luxurious amenities, such as swimming pools and fireplaces.
Many of the city's two-bedroom units cost at least $2,000 per month, while studio apartments for seniors fetch rents as high as $3,500. Some of the most expensive units in San Diego are located in Del Mar Heights and Columbia. During late 2014, RentJungle reported that the average unit in San Diego cost almost $1,760. This was about $40 higher than the typical price for apartments Chula Vista. These prices are somewhat greater than the figures that were reported a few years earlier. The typical two-bedroom unit was priced at about $1,360 in 2011, according to the city of San Diego. This is around $567 less than it would cost today. Property Management Insider determined that the city had one of the nation's fastest-growing rental markets in early 2014.
Although San Diego may not provide the most affordable housing in California, many local apartments offer appealing extra features. Some of the more common amenities include automatic dishwashers, air conditioning, pool access, whirlpool spas, exercise rooms and laundry equipment. The city's pleasant climate makes renters thankful that so many units have balconies or porches. Garage access is also a relatively common feature in this area. A substantial number of apartments San Diego come with gas or electric fireplaces that tenants can enjoy on brisk nights. Some family-oriented complexes have on-site playgrounds.
Furnishings and unit-specific security systems remain harder to find. Local rental listings reveal that very few apartments include the cost of all utilities in the price. It's more common for landlords to provide one or two of these services for free. To sum it up, tenants in southern California are willing to pay above-average rents in exchange for appealing amenities and the ability to live in an area with high-paying jobs. The above-mentioned prices are only averages; monthly costs vary from one San Diego neighborhood to the next. Tenants often save considerable amounts of money by finding districts or buildings with characteristics that make them somewhat less competitive.