It turns out that the downturn in apartment rents in June wasn’t just a blip. Rents fell again in July, this time by 0.2%. That marked the first time in a decade that rents fell back-to-back during those months in San Diego. It also marked the first time that rents fell in July for two consecutive years in the past 10 years.
Do Two Months Make a Trend? Apartment Rents Fall Again in San Diego
High-Cost Neighborhoods See Rents Fall
By Joshua Ohl
CoStar Analytics
August 6, 2024 | 5:48 P.M.
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