Job Increase Rises Apartment Rents in San Diego
As the job market looks up in San Diego, multifamily rents are also on the rise. In April, they were up 20 percent in April year over year, hitting an average of $1,514 a month, according to the San Diego County Apartment Association.
Other surveys have them even higher, at up to $1,756 per month. Part of the reason is that builders haven’t kept up with the demand of the population.
Employers in San Diego County added 41,000 jobs in the last year. Some people are even paying 2,000 per month for studio apartments.
Apartment buildings for sale
Check out the latest properties available on apartmentbuildings.com
Spring Village Apartments
Spring Hill, FLFlorida & Gulf Coast + Apartments
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $2,400,000 No. of Units: 12 Cap Rate: 1 Average Occupancy: 100 Year Built: 2021 Building Size: 9676 Sq ft Lot Size: 0.54 Acres No. of Stories: 2 Opportunity Zone: No Price per unit: $200,000 
Green Seed Apartments
Portland, ORSeattle & Northwest + Low-Rise
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $7,500,000 No. of Units: 31 Cap Rate: 4.91 Average Occupancy: 100 Year Built: 2020 Building Size: 19551 Sq ft Lot Size: 18200 Acres No. of Stories: 3 Opportunity Zone: No Buy Side Fee: $1 Price per unit: $241,935 
Brim Apartments
Portland, ORSeattle & Northwest + Mid-Rise
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $5,500,000 No. of Units: 27 Cap Rate: 6.12 Average Occupancy: 99 Year Built: 2017 Building Size: 14683 Sq ft Lot Size: 4831 Acres No. of Stories: 5 Opportunity Zone: No Buy Side Fee: $1 Price per unit: $203,703
- ◦Development
- ◦Lease
