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San Diego a ‘concession-driven market’ as landlords offer new renters deals amid slowdown

Rents have grown 0.5 percent annually compared to the 13 percent increase we saw in 2022.

Rents are mainly unchanged year-over-year in San Diego County. Pictured: Newly opened The Flats complex in La Mesa is offering one month free on select units. The 42-unit complex has an average rent of $2,100 a month. (CoStar)
Rents are mainly unchanged year-over-year in San Diego County. Pictured: Newly opened The Flats complex in La Mesa is offering one month free on select units. The 42-unit complex has an average rent of $2,100 a month. (CoStar)
UPDATED:

Rents have grown 0.5 percent annually compared to the 13 percent increase we saw in 2022.

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