As of April 2026, rental prices in Rancho Penasquitos, CA range from $2,661 to $5,370 per month depending on property type and bedroom count.
The sharpest year-over-year change is a -8.47% drop for single-family 2BR homes in Rancho Penasquitos, CA.
Median rent for 3BR apartments is $3,981, while 3BR condos/townhomes are $4,024 and 3BR single-family homes are $4,279.
What is the range of median rents in Rancho Penasquitos, CA as of April 2026?
Median rent in Rancho Penasquitos, CA ranges from $2,661 per month for single-family 1BR homes up to $5,370 for 4BR apartments as of April 2026.
Which rental segment in Rancho Penasquitos, CA saw the largest annual decline, and is this decrease widespread or limited?
The largest annual decline is in single-family 2BR rentals, which fell by -8.47% year-over-year to $3,004, but this decline is limited to that bedroom count as other single-family segments only show very minor changes.
Are overall rents rising, falling, or showing mixed trends across Rancho Penasquitos, CA in April 2026?
Overall rent trends in Rancho Penasquitos, CA are mixed in April 2026, with apartments and condos/townhomes generally posting year-over-year growth, but single-family rentals having both a significant drop in 2BR (-8.47%) and small gains or flat performance in other segments.
Which rental segment in Rancho Penasquitos, CA posted the highest year-over-year growth, and is it specific to one bedroom count or common across the property type?
The highest year-over-year growth is in apartment 2BR units, which rose 6.21% to $3,257, but apartment rents increased across all bedroom counts in Rancho Penasquitos, CA, with 1BR up 4.90%, 3BR up 1.90%, and 4BR up 3.57%.
Rancho Penasquitos, CA
April 2026
92129
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,665 – $2,958
13.98%
4.90%
2-Bedroom
$3,078 – $3,437
2.31%
6.21%
3-Bedroom
$3,782 – $4,180
9.20%
1.90%
4-Bedroom
$5,148 – $5,596
-0.09%
3.57%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,673 – $2,839
6.14%
2.71%
2-Bedroom
$2,887 – $3,065
1.16%
-0.87%
3-Bedroom
$3,883 – $4,165
2.72%
1.18%
4-Bedroom
$5,270 – $5,559
0.49%
3.61%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,563 – $2,759
0.11%
5.81%
2-Bedroom
$2,884 – $3,124
-2.63%
-8.47%
3-Bedroom
$4,129 – $4,429
0.02%
0.16%
4-Bedroom
$4,697 – $5,192
0.93%
-0.01%
Data updated: June 2, 2026
In the Rancho Penasquitos (92129) rental market, 1-bedroom apartments saw a significant month-over-month climb of 13.98%, reaching $2,811. Year-over-year growth for this segment registered at 4.9%, marking the strongest short-term jump among apartment types in Rancho Penasquitos (92129).
For larger units in Rancho Penasquitos (92129), 3-bedroom single-family properties lead with a median rent of $4,279, beating 3-bedroom apartments by $298 and condos by $255. This segment posted just a 0.16% year-over-year increase, demonstrating limited annual movement compared to other rental types.
Negative growth characterizes the 2-bedroom condo segment, which fell 0.87% year-over-year to $2,976. These figures shape Rancho Penasquitos (92129) rental trends, contrasting with the annual gains seen in apartment and single-family categories, despite a 1.16% monthly rise for 2BR condos.