Budget-Friendly Renting in SoCal: 5 Affordable Neighborhoods to Consider in San Diego

San Diego has long been one of Southern California’s most desirable places to live. Its beautiful beaches, sunny skies and relaxed coastal lifestyle are only a few of the reasons the city is so popular. But while the scenery is stunning, apartments in America’s Finest City aren’t exactly cheap: As of May 2025, the average rent in San Diego is a steep $2,981. That’s significantly higher than the national benchmark of $1,761.

Although the overall cost of living in San Diego is 45% higher than the national average, it’s still about 3% lower than California’s statewide average. Compared to pricier cities like Los Angeles — just 120 miles up the coast — it offers a more reasonable entry point to the SoCal lifestyle.

For renters eyeing apartments in San Diego, striking the right balance between location and affordability is key to enjoying everything this city has to offer without stretching their finances too far.

The good news is that you don’t have to sacrifice quality of life to live here. There are still several affordable neighborhoods in San Diego that offer real value for renters. Whether you’re a student, a young professional, or a small family, these communities make it possible to enjoy the city’s perks without breaking the bank.

What are the best affordable neighborhoods in San Diego?

If you’re looking for budget-friendly neighborhoods in San Diego, here are five standout areas to consider:

• Lake Murray
• Redwood Village
• Otay Mesa West
• Golden Hill
• Egger Highlands

Lake Murray

Average rent as of May 2025: $2,361

Lake Murray stands out as one of San Diego’s best affordable neighborhoods, especially for renters who value peace, community, and easy access to nature. With average rents at $2,361, it strikes a strong balance between cost and quality of life.

This neighborhood offers a relaxed, family-friendly atmosphere with well-kept streets, highly rated schools, and everyday conveniences like grocery stores and casual eateries nearby. Plus, residents are just minutes from Lake Murray Reservoir, a favorite local spot for kayaking, fishing, and scenic walks. If that’s not enough outdoors for you, you’ll also appreciate living close to Mission Trails Regional Park and Cowles Mountain.

Redwood Village

Average rent as of May 2025: $2,334

Located in the Mid-City area, apartments in Redwood Village offer renters solid value without sacrificing space or convenience. With rents averaging $2,334, it’s one of the best affordable neighborhoods for San Diego renters on a budget.

This laid-back community features a mix of modest apartments and single-family homes along quiet, tree-lined streets. Commuters benefit from easy access to I-94 and I-805, traveling across the city easy. Locals enjoy nearby attractions like Chollas Lake Park, the Malcolm X Library and Rolando Plaza Shopping Center for fun every day.

Otay Mesa West

Average rent as of May 2025: $2,237

Otay Mesa West is a popular, affordable neighborhood that offers excellent value for renters near the city’s southern edge. With average rents at $2,237, it’s a smart choice if you’re looking for convenience without overspending.

Located close to the U.S.–Mexico border, apartments in Otay Mesa West are in high demand among cross-border commuters and professionals in trade or logistics. There are a ton of local amenities residents enjoy, including Montgomery-Waller Community Park, the Otay Mesa-Nestor Library, and easy transit access via the Iris Avenue Transit Center. Plus, Imperial Beach is just a short drive away — perfect for enjoying the coast without the high price tag.

Golden Hill

Average rent as of May 2025: $2,226

Just east of downtown, Golden Hill is a go-to spot for renters seeking an urban lifestyle in a budget-friendly neighborhood. With rents averaging $2,226, it offers city living at a price well below the San Diego average.

Golden Hill blends historic charm with creative, eclectic energy. The neighborhood is walkable and full of character, with easy access to cafes, vintage shops, breweries, and local art. It’s also perfectly positioned near Balboa Park, South Park, and North Park — making it a commuter’s dream.

Egger Highlands

Average rent as of May 2025: $2,019

Egger Highlands tops the list for affordability and convenience, with average rents at just $2,019 per month, making it one of San Diego’s best affordable neighborhoods for renters.

Tucked into the city’s southwestern edge, this quiet, residential area offers a peaceful atmosphere while staying well-connected to transit and shopping. Renters have easy access to South Bay and are only minutes from the beach, capturing that SoCal lifestyle without overspending. Local highlights include the South Bay Salt Works, Nestor Language Academy Charter School, and Las Americas Premium Outlets.

If you’re on the hunt for affordable neighborhoods in San Diego, these five communities should be at the top of your list. Start exploring today, and you might find your happy place under the Southern California sun.