Rancho Penasquitos, San Diego, CA Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Rancho Penasquitos is $3,071, a 2.09% increase compared to the previous year, when the average rent was $3,008.
One-bedroom apartments provide 738 square feet for $2,854, balancing privacy and affordability.
Two-bedroom units at $3,098 offer 1,026 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,326 sq ft) for $3,643, suitable for larger households.
Average rent in Rancho Penasquitos, San Diego, CA
Last updated: August 01, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,071 | 957 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,854 | 738 sq. ft. |
| 2 Beds | $3,098 | 1,026 sq. ft. |
| 3 Beds | $3,643 | 1,326 sq. ft. |
Rancho Penasquitos, San Diego, CA rent trends
Rental prices in Rancho Penasquitos, San Diego, CA have increased by 2.09% over the past year. The average rent moved from $3,008 to $3,071.
What's the typical rent budget in Rancho Penasquitos, San Diego, CA?
The largest share of rentals in Rancho Penasquitos, San Diego, CA (45%) fall between $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?
4,113 or 28% of the households in Rancho Penasquitos, San Diego, CA are renter-occupied while 10,617 or 72% are owner-occupied.
Most affordable neighborhoods in Rancho Penasquitos?
Colina del Sol $1,646/month
Logan Heights $1,931/month
Lincoln Park $1,937/month
All of these neighborhoods fall below the city wide average of $2,999/month.Most expensive neighborhoods in Rancho Penasquitos?
Harborview $3,674/month
Bankers Hill - Park West $3,893/month
Carmel Valley $4,046/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 | $4,046 |
| Bankers Hill - Park West | $3,893 |
| Harborview | $3,674 |
| Torrey Hills | $3,662 |
| Scripps Ranch | $3,521 |
| Little Italy | $3,462 |
| Serra Mesa | $3,458 |
| College View Estates | $3,441 |
| Morena | $3,396 |
| Mission Valley West | $3,370 |
| University City | $3,285 |
| Kearny Mesa | $3,270 |
| Sabre Springs | $3,269 |
| Miramar Ranch | $3,246 |
| Core - Columbia | $3,184 |
| Mission Valley East | $3,080 |
| Rancho Penasquitos | $3,071 |
| Cortez | $3,047 |
| University Heights | $3,046 |
| Carmel Mountain | $2,984 |
| Ocean View Hills | $2,983 |
| Talmadge | $2,959 |
| East Village | $2,943 |
| Hillcrest | $2,939 |
| Rolando | $2,907 |
| Mira Mesa | $2,903 |
| Tierrasanta | $2,894 |
| Rancho Bernardo | $2,854 |
| Grantville | $2,850 |
| Pacific Beach | $2,819 |
| Otay Mesa | $2,818 |
| Marina | $2,786 |
| North Park | $2,783 |
| Birdland | $2,768 |
| Linda Vista | $2,752 |
| Allied Gardens | $2,717 |
| Point Loma Heights | $2,714 |
| College Area | $2,634 |
| Bay Park | $2,564 |
| Nestor | $2,522 |
| San Carlos | $2,482 |
| North Clairemont | $2,451 |
| Clairemont Mesa East | $2,443 |
| Lake Murray | $2,398 |
| Redwood Village | $2,357 |
| Bay Ho | $2,315 |
| Otay Mesa West | $2,248 |
| El Cerrito | $2,239 |
| Palm City | $2,237 |
| Golden Hill | $2,218 |
| Midway | $2,175 |
| Bay Terraces | $2,127 |
| Cherokee Point | $2,105 |
| Egger Highlands | $2,095 |
| Ocean Beach | $2,025 |
| Lincoln Park | $1,937 |
| Logan Heights | $1,931 |
| Colina del Sol | $1,646 |
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San Diego | Rent Comparison by Neighborhood
Rent in Rancho Penasquitos is 13% higher than in Allied Gardens
$3,071
Rancho Penasquitos rent is the same as San Diego average
Average Rent
$3,071
$2,717
Allied Gardens rent is 12% lower than San Diego average
Average Rent
$2,717
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.