Rancho Penasquitos, San Diego, CA Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Rancho Penasquitos is $2,994, a 0.55% increase compared to the previous year, when the average rent was $2,978.
One-bedroom apartments provide 726 square feet for $2,616, balancing privacy and affordability.
Two-beedroom units at $2,996 offer 1,025 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,326 sq ft) for $3,846, suitable for larger households.
Average rent in Rancho Penasquitos, San Diego, CA
Last updated: November 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,994 | 966 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,616 | 726 sq. ft. |
| 2 Beds | $2,996 | 1,025 sq. ft. |
| 3 Beds | $3,846 | 1,326 sq. ft. |
Rancho Penasquitos, San Diego, CA rent trends
Rental prices in Rancho Penasquitos, San Diego, CA have increased by 0.55% over the past year. The average rent moved from $2,978 to $2,994.
What's the typical rent budget in Rancho Penasquitos, San Diego, CA?
The largest share of rentals in Rancho Penasquitos, San Diego, CA (46%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Rancho Penasquitos, San Diego, CA?
5,065 or 27% of the households in Rancho Penasquitos, San Diego, CA are renter-occupied while 13,360 or 73% are owner-occupied.
Most affordable neighborhoods in Rancho Penasquitos?
Colina del Sol $1,861/month
Ocean Beach $1,885/month
Lincoln Park $2,040/month
All of these neighborhoods fall below the city wide average of $2,968/month.Most expensive neighborhoods in Rancho Penasquitos?
Torrey Hills $3,628/month
Rolando $3,692/month
Carmel Valley $3,979/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in San Diego, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Carmel Valley | $3,979 |
| Rolando | $3,692 |
| Torrey Hills | $3,628 |
| Harborview | $3,602 |
| Otay Mesa | $3,491 |
| Scripps Ranch | $3,482 |
| Little Italy | $3,393 |
| Morena | $3,386 |
| Serra Mesa | $3,300 |
| Mission Valley West | $3,299 |
| University City | $3,276 |
| University Heights | $3,264 |
| Miramar Ranch | $3,258 |
| Kearny Mesa | $3,190 |
| Del Cerro | $3,179 |
| Core - Columbia | $3,133 |
| Bankers Hill - Park West | $3,089 |
| Mission Valley East | $3,049 |
| Rancho Penasquitos | $2,994 |
| Pacific Beach | $2,993 |
| East Village | $2,947 |
| Mira Mesa | $2,945 |
| North Park | $2,903 |
| Grantville | $2,891 |
| Carmel Mountain | $2,886 |
| Hillcrest | $2,880 |
| Ocean View Hills | $2,872 |
| Rancho Bernardo | $2,841 |
| Marina | $2,779 |
| Allied Gardens | $2,745 |
| Linda Vista | $2,744 |
| Talmadge | $2,718 |
| Point Loma Heights | $2,630 |
| Nestor | $2,626 |
| College Area | $2,556 |
| Birdland | $2,524 |
| North Clairemont | $2,490 |
| Bay Park | $2,413 |
| Clairemont Mesa East | $2,383 |
| Bay Ho | $2,350 |
| Lake Murray | $2,279 |
| Otay Mesa West | $2,261 |
| Palm City | $2,240 |
| Midway | $2,163 |
| Bay Terraces | $2,149 |
| Golden Hill | $2,073 |
| Egger Highlands | $2,056 |
| Lincoln Park | $2,040 |
| Ocean Beach | $1,885 |
| Colina del Sol | $1,861 |
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San Diego | Rent Comparison by Neighborhood
Rent in Rancho Penasquitos is 9% higher than in Allied Gardens
$2,994
Rancho Penasquitos rent is the same as San Diego average
Average Rent
$2,994
$2,745
Allied Gardens rent is 8% lower than San Diego average
Average Rent
$2,745
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Rancho Penasquitos apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.