Tuesday, June 23, 2026
Family Office Briefing on research byKidder Matthews·Jul 3, 2024

San Diego Multifamily Market Report - 2nd Quarter 2024

San Diego multifamily vacancy increased to 5.1% in 2Q24 — family offices should consider co-GP opportunities with disciplined operators.

MultifamilySan DiegoCalifornia2024

Key Metrics

MetricValue
Vacancy Rate5.1%
Average Asking Rents2316$
Under Construction10481units
Average Sales Price306123$
Average Cap Rate4.4%

Metrics extracted from the source report and independently fact-checked. Method →

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