{
  "schema_version": "1.0",
  "submarket": {
    "slug": "sorrento-valley-ca",
    "name": "Sorrento Valley",
    "state": "CA",
    "city": "SAN DIEGO",
    "cbsa": "San Diego-Chula Vista-Carlsbad",
    "zip_codes": [
      "92121"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-26T02:40:23.637Z",
    "last_updated_at": "2026-06-02T14:02:16.251Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 2394,
        "low": 2334,
        "high": 2453,
        "mom_pct": -0.53,
        "yoy_pct": -2.58
      },
      "2br": {
        "median": 2979,
        "low": 2890,
        "high": 3068,
        "mom_pct": -0.84,
        "yoy_pct": -2.7399999999999998
      },
      "3br": {
        "median": 4240,
        "low": 4062,
        "high": 4418,
        "mom_pct": 1.13,
        "yoy_pct": 3.31
      },
      "4br": {
        "median": 5436,
        "low": 5384,
        "high": 5664,
        "mom_pct": 0.33,
        "yoy_pct": 4.76
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 2618,
        "low": 2539,
        "high": 2697,
        "mom_pct": -0.42,
        "yoy_pct": 2.31
      },
      "2br": {
        "median": 3326,
        "low": 3226,
        "high": 3426,
        "mom_pct": -0.3,
        "yoy_pct": 1.22
      },
      "3br": {
        "median": 4123,
        "low": 3978,
        "high": 4267,
        "mom_pct": 3.44,
        "yoy_pct": 1.76
      },
      "4br": {
        "median": 5368,
        "low": 5319,
        "high": 5593,
        "mom_pct": 0.16,
        "yoy_pct": 4.3
      }
    },
    "single_family": {
      "1br": {
        "median": 2687,
        "low": 2629,
        "high": 2794,
        "mom_pct": 0.36999999999999994,
        "yoy_pct": 6.54
      },
      "2br": {
        "median": 3517,
        "low": 3369,
        "high": 3665,
        "mom_pct": 0.23,
        "yoy_pct": 4.77
      },
      "3br": {
        "median": 4405,
        "low": 4251,
        "high": 4559,
        "mom_pct": 0.07,
        "yoy_pct": -0.99
      },
      "4br": {
        "median": 5446,
        "low": 5217,
        "high": 5675,
        "mom_pct": 0.22,
        "yoy_pct": 4.33
      }
    }
  },
  "vacancy": 3.541,
  "days_on_market": {
    "apartment": 28,
    "condo_townhome": 29,
    "single_family": 25
  },
  "ai_summary": [
    {
      "headline": "3BR apartments post 3.31% annual growth",
      "body": "In the Sorrento Valley (92121) rental market, 3-bedroom apartments reached a median rent of $4,240, up 3.31% year-over-year and 1.13% month-over-month in April 2026. This segment is showing the strongest annual increase among apartment types in Sorrento Valley (92121)."
    },
    {
      "headline": "2BR condos surpass apartments by $347",
      "body": "While 2-bedroom condos in Sorrento Valley (92121) stand at $3,326, 2-bedroom apartments trail at $2,979, creating a gap of $347. The condo/townhome segment maintains a 1.22% year-over-year increase despite a 0.3% monthly dip, signaling relative strength against apartment options."
    },
    {
      "headline": "1BR single-family rents advance 6.54% YoY",
      "body": "Rent growth in 1-bedroom single-family homes is driving Sorrento Valley (92121) rental trends, with the segment rising to $2,687—a 6.54% year-over-year gain. This appreciation exceeds annual changes in both apartment and condo segments for 1-bedroom units."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Sorrento Valley, CA range from $2,394 to $5,446 per month depending on property type and bedroom count.",
      "The largest year-over-year growth was seen in single-family 1BR units, which increased 6.54% over the past year.",
      "For 2BR units, single-family homes have a higher median rent at $3,517 compared to apartments at $2,979."
    ],
    "qa": [
      {
        "question": "What is the typical rent range in Sorrento Valley, CA as of April 2026?",
        "answer": "As of April 2026, rents in Sorrento Valley, CA span from $2,394 for a 1BR apartment up to $5,446 for a 4BR single-family home."
      },
      {
        "question": "Which segment had the strongest annual rent growth in Sorrento Valley, CA, and is this improvement broad or concentrated?",
        "answer": "Single-family 1BR units led annual rent growth in Sorrento Valley, CA with a 6.54% year-over-year increase; this growth is most pronounced in the 1BR segment, as other single-family bedrooms show smaller gains or even a slight decline for 3BR."
      },
      {
        "question": "What property type and bedroom combination saw the largest month-over-month rent change in Sorrento Valley, CA in April 2026?",
        "answer": "Condo/townhome 3BR units increased the most month-over-month, rising 3.44% in April 2026."
      },
      {
        "question": "For which bedroom count does one property type dramatically outperform the others in Sorrento Valley, CA?",
        "answer": "In the 2BR category, single-family homes have a much higher median rent at $3,517, compared to $2,979 for apartments and $3,326 for condo/townhomes."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 2394,
          "2br": 2979,
          "3br": 4240,
          "4br": 5436
        },
        "condo_townhome": {
          "1br": 2618,
          "2br": 3326,
          "3br": 4123,
          "4br": 5368
        },
        "single_family": {
          "1br": 2687,
          "2br": 3517,
          "3br": 4405,
          "4br": 5446
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 2406,
          "2br": 3004,
          "3br": 4193,
          "4br": 5418
        },
        "condo_townhome": {
          "1br": 2629,
          "2br": 3336,
          "3br": 3985,
          "4br": 5359
        },
        "single_family": {
          "1br": 2677,
          "2br": 3509,
          "3br": 4402,
          "4br": 5434
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 2499,
          "2br": 3158,
          "3br": 4233,
          "4br": 5434
        },
        "condo_townhome": {
          "1br": 2647,
          "2br": 3358,
          "3br": 3944,
          "4br": 5377
        },
        "single_family": {
          "1br": 2679,
          "2br": 3522,
          "3br": 4606,
          "4br": 5379
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 2417,
          "2br": 3131,
          "3br": 4246,
          "4br": 5456
        },
        "condo_townhome": {
          "1br": 2646,
          "2br": 3366,
          "3br": 3920,
          "4br": 5398
        },
        "single_family": {
          "1br": 2671,
          "2br": 3521,
          "3br": 4617,
          "4br": 5408
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 2571,
          "2br": 3136,
          "3br": 4296,
          "4br": 5503
        },
        "condo_townhome": {
          "1br": 2675,
          "2br": 3414,
          "3br": 3868,
          "4br": 5438
        },
        "single_family": {
          "1br": 2691,
          "2br": 3552,
          "3br": 4662,
          "4br": 5458
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 2575,
          "2br": 3139,
          "3br": 4327,
          "4br": 5529
        },
        "condo_townhome": {
          "1br": 2692,
          "2br": 3372,
          "3br": 4090,
          "4br": 5460
        },
        "single_family": {
          "1br": 2701,
          "2br": 3571,
          "3br": 4692,
          "4br": 5488
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 2578,
          "2br": 3218,
          "3br": 4331,
          "4br": 5526
        },
        "condo_townhome": {
          "1br": 2692,
          "2br": 3394,
          "3br": 4029,
          "4br": 5448
        },
        "single_family": {
          "1br": 2696,
          "2br": 3576,
          "3br": 4629,
          "4br": 5488
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 2590,
          "2br": 3227,
          "3br": 4317,
          "4br": 5507
        },
        "condo_townhome": {
          "1br": 2687,
          "2br": 3469,
          "3br": 4027,
          "4br": 5425
        },
        "single_family": {
          "1br": 2681,
          "2br": 3554,
          "3br": 4618,
          "4br": 5473
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 2568,
          "2br": 3198,
          "3br": 4281,
          "4br": 5462
        },
        "condo_townhome": {
          "1br": 2673,
          "2br": 3445,
          "3br": 4056,
          "4br": 5377
        },
        "single_family": {
          "1br": 2656,
          "2br": 3528,
          "3br": 4593,
          "4br": 5446
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 2527,
          "2br": 3161,
          "3br": 4230,
          "4br": 5393
        },
        "condo_townhome": {
          "1br": 2647,
          "2br": 3447,
          "3br": 4113,
          "4br": 5321
        },
        "single_family": {
          "1br": 2622,
          "2br": 3488,
          "3br": 4609,
          "4br": 5399
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 2494,
          "2br": 3118,
          "3br": 4181,
          "4br": 5314
        },
        "condo_townhome": {
          "1br": 2614,
          "2br": 3405,
          "3br": 4161,
          "4br": 5247
        },
        "single_family": {
          "1br": 2582,
          "2br": 3440,
          "3br": 4549,
          "4br": 5332
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 2465,
          "2br": 3083,
          "3br": 4130,
          "4br": 5240
        },
        "condo_townhome": {
          "1br": 2581,
          "2br": 3358,
          "3br": 4102,
          "4br": 5197
        },
        "single_family": {
          "1br": 2545,
          "2br": 3389,
          "3br": 4487,
          "4br": 5263
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/sorrento-valley-ca/",
    "self": "https://data.estaite.com/feeds/sorrento-valley-ca.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}