Real Estate Investing in San Diego, California (92117)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92117 (San Diego, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 31.0 — hard to cash-flow at these prices.
What’s happening in San Diego, CA (92117)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92117 San Diego
Not every below-median market is a bargain. San Diego's 92117 ZIP registers signals that favor experienced operators who can absorb the risk $1.1M pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 92117 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in San Diego have seen price recovery that 92117 has not matched. San Diego County data supports the view that the spread is structural rather than temporary.
Resident income in 92117 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 92117 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in San Diego:
Property Strategy for 92117
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $461,289 | $2,460 | 3.8% | +6.2% | $461,289 |
| 2BR | $728,574 | $3,000 | 3.0% | +6.1% | $364,287 |
| 3BR | $1,055,945 | $4,000 | 2.7% | +7.0% | $351,982 |
| 4BR | $1,216,710 | $4,840 | 2.9% | +7.6% | $304,178 |
| 5BR | $1,386,095 | — | — | +8.2% | $277,219 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92117 Compare?
| Metric | 92117 | San Diego | San Diego-Chula Vista-Carlsbad, CA | California |
|---|---|---|---|---|
| Home Value | $1,093,238 | $867,955 | N/A | $761,003 |
| 5-Year CAGR | 4.1% | 4.8% | N/A | 5.7% |
| Avg Rent | $2,942 | $3,152 | N/A | - |
| Cap Rate | 2.1% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92117 (San Diego, CA). Anonymous, moderated, never written by AI.
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Property managers serving San Diego County
Manage rentals here? List your business →33 Property Management offers residential and multi-family property management services in North County San Diego and Riverside, CA. summary from their website
This domain is for sale. summary from their website
Advent provides quality property management services throughout Southern California, focusing on customer service and using modern property management tools. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,093,238 |
| Monthly Rent | $2,942 |
| Price-to-Rent | 31.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +6.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 92117
Population: 52,645
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 92117
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 8,464 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in San Diego, CA?
Homes in San Diego, CA typically sell near $1.1M. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
Do landlords face vacancy issues in San Diego, CA?
Vacancy risk in San Diego, CA is elevated. That supports consistent cash flow for typical rental holds.
Is the tenant base reliable in San Diego, CA?
Expect a solid tenant pool in San Diego, CA. The rental market absorbs $2,942/mo rents without meaningful friction.
Is San Diego, CA good for landlords?
CA ranks as a tenant-protective state for landlord-tenant law. San Diego generally follows the statewide framework, so landlords face reasonable operating rules.
How much rent can I charge in San Diego, CA?
Rent in San Diego, CA is around $2,942/mo. The resulting rent-to-value relationship with $1.1M pricing is reasonable for most investor models.
You know 92117 now. You don’t know where it ranks.
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How 92117 ranks in San Diego-Chula Vista-Carlsbad, CA
Every ZIP in this metro, ranked. Free.
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