As of September 2026, rental prices in Serra Mesa (92123), in the San Diego metro area, range from $2,789 to $5,733 per month depending on property type and bedroom count.
The largest year-over-year change was a -8.05% decrease for 4-bedroom condo/townhome rents in Serra Mesa, CA.
For 4-bedroom units, apartments have a median rent of $5,733, outpacing single-family homes at $4,800.
What is the range of rental prices in Serra Mesa, CA as of September 2026?
Rental prices in Serra Mesa, CA, as of September 2026, range from $2,789 for a 1-bedroom single-family home up to $5,733 for a 4-bedroom apartment.
In which bedroom count and property type does one segment dramatically outperform the others in Serra Mesa, CA?
Apartments dramatically outperform other property types in the 4-bedroom category in Serra Mesa, CA, with a median rent of $5,733 compared to $4,906 for condos/townhomes and $4,800 for single-family homes as of September 2026.
How much higher are 4-bedroom apartment rents compared to 4-bedroom single-family homes in Serra Mesa, CA?
As of September 2026, 4-bedroom apartment rents in Serra Mesa, CA are $5,733, which is $933 higher than the $4,800 median rent for 4-bedroom single-family homes.
Which segment in Serra Mesa, CA had an outlier number in the latest data?
The 4-bedroom condo/townhome segment in Serra Mesa, CA had an outlier with an -8.05% year-over-year decrease, bringing median rent down to $4,906 as of September 2026.
Serra Mesa, CA· San Diego metro
September 2026
92123
Long-term Rental Rates
Long-term rental rates for Serra Mesa (92123), in the San Diego metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,731 – $3,049
-0.86%
4.02%
2-Bedroom
$3,428 – $3,865
1.19%
6.98%
3-Bedroom
$4,041 – $4,557
7.01%
2.57%
4-Bedroom
$5,695 – $5,974
0.77%
4.12%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,718 – $2,886
3.11%
2.08%
2-Bedroom
$3,305 – $3,509
2.43%
1.76%
3-Bedroom
$3,943 – $4,289
7.82%
-3.68%
4-Bedroom
$4,685 – $5,126
0.19%
-8.05%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,686 – $2,892
0.65%
4.34%
2-Bedroom
$3,398 – $3,645
1.44%
1.28%
3-Bedroom
$3,857 – $4,323
-5.93%
-4.40%
4-Bedroom
$4,598 – $5,001
-5.37%
-4.25%
Data updated: October 19, 2026
Serra Mesa Rental Trends · San Diego metro
In the Serra Mesa (92123) rental market, 1-bedroom apartments increased 2.99% month-over-month to reach a median rent of $2,915. Annual performance for this segment was also positive, with the median growing 7.56% year-over-year, highlighting notable upward momentum in Serra Mesa (92123).
Compared to single-family 3-bedrooms, the 3-bedroom condo/townhome segment in Serra Mesa (92123) saw a -4.76% month-over-month decline to $3,818, while single-family 3-bedrooms slightly increased 0.18% to $4,348. Over the past year, condo/townhome 3BRs rose 8.84% YoY, outpacing the 1.23% YoY gain for single-family 3BRs.
When examining 2-bedroom segments, Serra Mesa (92123) rental trends indicate that apartments command a higher median rent of $3,604 compared to $3,326 for condos/townhomes—a difference of $278. However, 2-bedroom apartment rents declined 1.83% month-over-month, while condo/townhomes increased 1.21% during the same period.
Get the full Serra Mesa rental market report
Current rents by property type and bedroom count, how they have moved over the past year, and what it means for an owner here. Free, by email, from Crestmont Property Management.
Crestmont Realty is a San Diego property management firm serving the San Diego coastal region and surrounding neighborhoods, from Coronado and Point Loma to La Jolla and Del Mar, with select areas across the county. We provide full-service residential management and tenant placement for single-family homes, condos, and small multifamily properties. Crestmont publishes current rental market data for San Diego neighborhoods every month, including rents by bedroom, vacancy, and days on market.
Properties Managed: Single-family homes, condos and townhomes, small multifamily
Target Audience: Rental property owners, investors, accidental landlords, and out-of-state owners of San Diego properties
Market Notes: San Diego rental conditions vary by neighborhood. Crestmont publishes current submarket data monthly, at neighborhood and ZIP grain.