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Affordable Housing in San Diego County?
If you’ve just arrived in San Diego County and are looking for a place to rent or buy, chances are that you’re in sticker shock and wondering how we all manage to live here. Plain and simple, housing takes a massive bite out of your San Diego income. According to an April 3rd article in the San Diego Union Tribune, low income families spend as much as 69% of their income on housing and many others spend more than 40%, well above the 30% government recommended percentage.
 
Let’s start with rentals. If you own your home and haven’t looked at rentals recently, you’ll be stunned at today’s prices. In March, the average monthly rent for apartments county-wide was $1887, according to MarketPointe Realty Advisors. That is an 8% increase over this time last year. Here’s the monthly average rent in various areas of the county:
 
I15 corridor - $1999
North coastal - $2261
Central San Diego - $2072
South County - $1651
East County - $1561
 
If you need something with more space than an apartment, houses to rent are in high demand. The current median rental price across the county for a 3 bedroom, 2 bath home listed on the MLS is $3600. Prices range from $2400 ... more

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