Matrix Multifamily San Diego Report-June 2025

Market Overview

In San Diego, multifamily rent growth remained modest through April 2025, rising just 0.1 percent year-over-year to reach $2,741—significantly lagging the 0.9 percent U.S. average. Occupancy ticked up slightly to 96.2 percent as of March, reflecting stable but slow-moving fundamentals across the market.

Yardi Matrix

Yardi Matrix is a leading provider of commercial real estate analytics and data, specializing in multifamily and other asset classes. Their metro-level multifamily reports deliver timely insights into rent trends, occupancy, supply pipelines, and broader market fundamentals to support data-driven decisions by investors, operators, and analysts.