As of September 2026, rental prices in Serra Mesa (92123), in the San Diego metro area, range from $2,789 to $5,733 per month depending on property type and bedroom count.
The largest year-over-year change in Serra Mesa, CA is a -4.40% decline for single-family 3-bedroom homes, which now have a median rent of $4,090 per month.
For 4-bedroom homes in Serra Mesa, CA, apartments have a higher median rent at $5,733 per month compared with $5,374 for condo/townhome units and $4,800 for single-family homes.
What is the typical rent range in Serra Mesa, CA for September 2026?
As of September 2026, median monthly rents in Serra Mesa (92123), in the San Diego metro area, range from $2,789 for single-family 1-bedroom homes up to $5,733 for 4-bedroom apartments.
In Serra Mesa, CA, for which bedroom size does one property type clearly charge more than the others?
In September 2026 in Serra Mesa, CA, 4-bedroom apartments have a median rent of $5,733 per month, higher than 4-bedroom condo/townhome units at $5,374 and 4-bedroom single-family homes at $4,800. This makes 4-bedroom apartments the price leader for that bedroom count.
How much more do apartments cost than single-family homes for 3-bedroom rentals in Serra Mesa, CA?
As of September 2026 in Serra Mesa, CA, 3-bedroom apartments have a median rent of $4,299 per month, while 3-bedroom single-family homes are at $4,090. This means 3-bedroom apartments cost $209 more per month than comparable single-family homes.
Which rental segment in Serra Mesa, CA shows an unusual rate change or standout number?
In September 2026, 3-bedroom condo/townhome units in Serra Mesa, CA show an unusual pattern with a 7.82% month-over-month increase to $4,116 combined with a -3.68% year-over-year decline. This combination of rapid recent growth and annual decrease makes 3-bedroom condo/townhome rents an outlier compared with other segments.
Serra Mesa, CA· San Diego metro
September 2026
92123
Long-term Rental Rates
Long-term rental rates for Serra Mesa (92123), in the San Diego metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,731 – $3,049
-0.86%
4.02%
2-Bedroom
$3,428 – $3,865
1.19%
6.98%
3-Bedroom
$4,041 – $4,557
7.01%
2.57%
4-Bedroom
$5,695 – $5,974
0.77%
4.12%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,718 – $2,886
3.11%
2.08%
2-Bedroom
$3,305 – $3,509
2.43%
1.76%
3-Bedroom
$3,943 – $4,289
7.82%
-3.68%
4-Bedroom
$5,186 – $5,562
0.56%
0.73%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,686 – $2,892
0.65%
4.34%
2-Bedroom
$3,398 – $3,645
1.44%
1.28%
3-Bedroom
$3,857 – $4,323
-5.93%
-4.40%
4-Bedroom
$4,598 – $5,001
-5.37%
-4.25%
Data updated: November 11, 2026
Serra Mesa Rental Trends · San Diego metro
In the Serra Mesa (92123) rental market, in the San Diego metro area, 2BR apartments command a median rent of $3,647, up 1.19% month over month and 6.98% year over year. Investors comparing segments will note that 1BR apartments at $2,890 are cheaper but have a slower annual rise of 4.02%, making larger apartment units the faster-growing option on a yearly basis.
Recent data shows 3BR condo/townhome units at a median $4,116, with a sharp 7.82% monthly increase but a -3.68% annual decline, indicating short-term rent escalation alongside longer-term price compression. Across Serra Mesa (92123), 4BR condo/townhome homes reach $5,374, rising 0.56% month over month and 0.73% year over year, giving higher-bedroom condos more consistent positive annual movement.
Larger single-family homes face notable pricing pressure, as Serra Mesa (92123) rental trends show 3BR properties at $4,090 falling 5.93% month over month and 4.40% year over year, while 4BR homes at $4,800 declined 5.37% monthly and 4.25% annually. In contrast, 1BR single-family units at $2,789 rose 0.65% MoM and 4.34% YoY, suggesting firmer demand for smaller houses.
Crestmont Realty is a San Diego property management firm serving the San Diego coastal region and surrounding neighborhoods, from Coronado and Point Loma to La Jolla and Del Mar, with select areas across the county. We provide full-service residential management and tenant placement for single-family homes, condos, and small multifamily properties. Crestmont publishes current rental market data for San Diego neighborhoods every month, including rents by bedroom, vacancy, and days on market.
Properties Managed: Single-family homes, condos and townhomes, small multifamily
Target Audience: Rental property owners, investors, accidental landlords, and out-of-state owners of San Diego properties
Market Notes: San Diego rental conditions vary by neighborhood. Crestmont publishes current submarket data monthly, at neighborhood and ZIP grain.