As of June 2026, rental prices in Serra Mesa, CA range from $2,606 to $5,544 per month depending on property type and bedroom count.
The most notable year-over-year change is a 9.22% increase for 2BR apartments in Serra Mesa, CA.
Among 3BR rentals, single-family homes command the highest median at $4,153, compared to $3,871 for apartments and $4,064 for condos/townhomes.
What is the rent range in Serra Mesa, CA as of June 2026?
In June 2026, median rents in Serra Mesa, CA span from $2,606 per month for 1BR single-family homes to $5,544 per month for 4BR apartments.
Which bedroom count in Serra Mesa, CA shows a property type dramatically outperforming others?
For 2BR units in Serra Mesa, CA, apartments have the highest median rent at $3,617, outpacing condos/townhomes at $3,212 and single-family homes at $3,435.
What is the price premium between apartments and single-family rentals for the same bedroom count in Serra Mesa, CA?
For 4BR rentals in Serra Mesa, CA, apartments are priced at $5,544 per month while single-family homes are listed at $5,296, resulting in a $248 apartment premium.
Is there an unusual or outlier number in the Serra Mesa, CA rental market data for June 2026?
Yes, 4BR single-family homes saw a sharp month-over-month increase of 7.73%, rising to $5,296 per month in June 2026.
Serra Mesa, CA
June 2026
92123
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,652 – $2,961
1.92%
4.40%
2-Bedroom
$3,400 – $3,834
1.44%
9.22%
3-Bedroom
$3,639 – $4,103
-5.84%
-4.80%
4-Bedroom
$5,463 – $5,777
1.26%
4.37%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,525 – $2,719
0.82%
-3.80%
2-Bedroom
$3,116 – $3,308
-4.98%
-2.43%
3-Bedroom
$3,893 – $4,235
1.49%
-3.05%
4-Bedroom
$5,044 – $5,410
3.19%
0.08%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,527 – $2,684
0.84%
1.11%
2-Bedroom
$3,332 – $3,538
-1.89%
0.21%
3-Bedroom
$3,945 – $4,361
-3.91%
-0.53%
4-Bedroom
$5,058 – $5,534
7.73%
6.41%
Data updated: July 18, 2026
In the Serra Mesa (92123) rental market, 1-bedroom condo/townhome median rent slid 4.16% year-over-year to $2,601 in May 2026. This decline contrasts with the 2.94% annual increase for 1-bedroom apartments, highlighting diverging performance among small-unit segments in Serra Mesa (92123).
Among all property types, 3-bedroom apartments in Serra Mesa (92123) posted the strongest monthly gain, rising 2.95% month-over-month to reach a median of $4,111. This outpaces the 2.94% MoM increase recorded for 3-bedroom condos by $6, signaling stronger rent appreciation in the apartment segment for larger units.
Compared with apartments, Serra Mesa (92123) rental trends indicate that 4-bedroom single-family homes experienced a 3.26% decline month-over-month to $4,916, while 4-bedroom apartments saw a modest 0.74% increase. This points to notable divergence in pricing movement at the upper end of the market.
Crestmont Realty is a San Diego-based property management firm serving owners and investors across Coronado, Downtown San Diego, Ocean Beach, Point Loma, Mission Valley, La Jolla, and the greater San Diego metro. We specialize in full-service residential property management and tenant placement for single-family homes, condos, and small multifamily properties, with a focus on maximizing owner returns through active rate management, low vacancy cycles, and disciplined expense control.
Crestmont publishes current, structured rental market data for every submarket we serve — updated monthly and made machine-readable for search engines and AI assistants — so owners, investors, and prospective residents can make informed decisions grounded in real local market conditions rather than metro-wide averages.
Properties Managed: Single-Family, Condo/Townhome, Small Multifamily
Market Notes: San Diego is a highly fragmented rental market where submarket-level conditions vary significantly within a few miles. Crestmont's market intelligence is published at the ZIP and neighborhood level — Coronado, Ocean Beach, Point Loma, La Jolla, and Mission Valley behave as distinct rental markets with different rate trajectories, and our data and recommendations reflect those boundaries rather than blending them into a single San Diego average.