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Showing posts from January, 2025

San Diego Maintains Position as 10th Most Expensive Rental Market in US

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San Diego Maintains Position as 10th Most Expensive Rental Market in US San Diego continues to rank among the nation's priciest rental markets, securing its position as the 10th most expensive city for renters in January 2025, according to the latest Zumper National Rent Report. The report shows that the average rent for a one-bedroom apartment in San Diego now stands at $2,350, marking a 2.2% increase from the previous month and a modest 0.9% rise compared to the same period last year. While San Diego's rental market remains expensive, its year-over-year growth has been relatively modest compared to other major California cities. San Francisco, which recently reclaimed its position as the nation's second most expensive rental market, saw a more substantial 7.1% annual increase, with one-bedroom apartments averaging $3,160. Similarly, San Jose experienced an 11% year-over-year increase, with typical one-bedroom units renting for $2,720. For those seeking two-bedroom apartme...

San Diego Council and Mayor Clash Over ADU Housing Program

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A single-family home with an ADU complex in the backyard area in the Talmadge neighborhood of San Diego on Nov. 5, 2023. The ADUs were the first constructed under San Diego’s density bonus program. San Diego Council and Mayor Clash Over ADU Housing Program San Diego's landmark ADU (Accessory Dwelling Unit) density bonus program has become the center of a heated political dispute after the City Council made a surprise unanimous vote seeking its repeal, drawing immediate pushback from Mayor Todd Gloria. The controversial program, which allows property owners to build at least four ADUs on any residential lot and unlimited units near transit stops, has produced 1,226 homes since 2021, including 470 affordable units. However, council members say they've received widespread complaints about neighborhood impacts and overcrowding. The Council's unexpected vote on Tuesday called for city staff to return within 60 days with an action plan to end the program, despite war...