Webthe majority of multifamily development is happening in a few select areas, namely downtown, brent said, attributing the current development boom to civic san. Webunit size monthly rent studio $1,709 1 bedroom $2,013 2 bedroom $2,483 3 bedroom $2,754 average rent 4q 2023 san diego multifamily. 4q 2023 | san. Webrecent data indicates more individuals are taking on roommates at a time when consumers' budgets are being tested and the average suburban rent is nearly $2,700 per month —. Webthe san diego multifamily market has been strong and stable, and its outlook remains positive heading into the second half of 2024, said lynnette antosh,. Webstrong demand sustained san diego’s multifamily market, which paired with limited growth pushed asking rents up 1. 1 percent on a t3 basis through december, to $2,370, and. Webas we venture into 2024, the city’s real estate market is demonstrating remarkable resilience and dynamism, underpinned by limited vacancy rates, robust rental demand,.