As of April 2026, rental prices in Serra Mesa, CA range from $2,558 to $5,435 per month depending on property type and bedroom count.
The most notable year-over-year change was a 6.19% increase for 4BR single-family homes.
For 3BR units, single-family homes have a median rent of $4,297, which is $407 higher than 3BR condos/townhomes at $3,890.
What is the range of rent prices in Serra Mesa, CA as of April 2026?
The April 2026 rent range in Serra Mesa, CA is $2,558 for 1BR single-family homes up to $5,435 for 4BR apartments.
What is the premium between condo/townhome and single-family rents for the same bedroom count in Serra Mesa, CA?
For April 2026, 3BR single-family homes rent for $4,297, while 3BR condos/townhomes rent for $3,890, so single-family homes command a $407 premium.
How are year-over-year rent changes trending across different property types in Serra Mesa, CA?
In April 2026, apartment rents increased year-over-year for 1BR, 2BR, and 4BR units (up to 5.82%), while condo/townhome rents declined for 1BR and 3BR units (as much as -5.19%), and single-family home rents rose for all bedroom types, reaching up to 6.19% for 4BR.
Which property type and bedroom count had the highest annual rent growth in Serra Mesa, CA, and is the increase broad-based?
The highest year-over-year increase was for 4BR single-family homes, up 6.19% in April 2026, with all single-family home bedroom types posting annual rent increases.
Serra Mesa, CA
April 2026
92123
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,646 – $2,954
1.87%
3.89%
2-Bedroom
$3,323 – $3,747
2.89%
5.82%
3-Bedroom
$3,793 – $4,192
1.73%
-1.53%
4-Bedroom
$5,384 – $5,663
0.33%
4.82%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,541 – $2,736
-1.56%
-3.25%
2-Bedroom
$3,210 – $3,409
2.43%
-0.44%
3-Bedroom
$3,727 – $4,053
-7.43%
-5.19%
4-Bedroom
$5,233 – $5,535
0.55%
3.57%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,481 – $2,634
0.18%
1.37%
2-Bedroom
$3,333 – $3,539
0.29%
2.69%
3-Bedroom
$4,052 – $4,542
5.04%
4.93%
4-Bedroom
$4,853 – $5,310
3.74%
6.19%
Data updated: June 2, 2026
In the Serra Mesa (92123) rental market, 2-bedroom apartments recorded the strongest annual growth among apartment segments in April 2026, rising 5.82% year-over-year to a median rent of $3,535. This marked an acceleration from last month's gains and outperformed 1-bedroom and 3-bedroom apartment sectors.
For 3-bedroom rentals in Serra Mesa (92123), single-family homes commanded a median rent of $4,297 after surging 5.04% month-over-month. This exceeded 3-bedroom apartment rents by $304 and outpaced 3-bedroom condo/townhomes, which fell 7.43% to $3,890.
Recent changes in 1-bedroom condo/townhome pricing have shaped Serra Mesa (92123) rental trends, as this segment saw a 3.25% year-over-year decrease to $2,639. In contrast, 1-bedroom apartments climbed 3.89% annually to $2,800, a difference of $161 favoring apartments for single-bedroom options.