Matrix Multifamily San Diego Report-June 2022 June 28, 2022

Southern California Leader Emerges

As a coastal market, San Diego is not just making strides, it’s overperforming. Rents were up a strong 20.8 percent year-over-year, above the U.S. average and considerably above nearby Los Angeles, the Inland Empire and Orange County. Meanwhile, investor interest remains high, and occupancy is improving.