Cheapest Neighborhoods in San Diego, CA

Some of the cheapest neighborhoods in San Diego are Chester Park, Teralta East, and Potomac Valley. These neighborhoods offer some of the lowest rent prices in San Diego, making them ideal for renters on a budget. As of August 12, 2026, the average rent in San Diego is $2,437, which is 0.8% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Chester Park

Average Rent

$1,574/Month

Units Available

18 Rentals

If you’re looking for a great, affordable neighborhood in San Diego, Chester Park might be the perfect place! It has an average rent price of $1,574, while the city’s average stands at $2,437. Chester Park is near Fleet Science Center, Balboa Park, and Mission San Diego.

Teralta East

Average Rent

$1,624/Month

Year-Over-Year Rent Change

0.9%

Units Available

24 Rentals

Teralta East is a top choice for budget-conscious renters for a variety of reasons. The average rent in Teralta East is $1,624 while the city average is $2,437. This is a 0.9% difference from last year. Residents enjoy convenient access to Qualcomm Stadium, San Diego City College, and Mission San Diego.

Potomac Valley

Average Rent

$1,848/Month

Units Available

20 Rentals

When you’re looking for a great San Diego neighborhood on a budget, check out Potomac Valley. The average rent is $1,848, compared to the city average of $2,437. Potomac Valley is convenient to San Diego State University, Sweetwater Lane County Park, and Living Coast Discovery Center.

Colina Del Sol

Average Rent

$1,866/Month

Year-Over-Year Rent Change

1.5%

Units Available

18 Rentals

Colina Del Sol is an affordable neighborhood in San Diego with an average rent price of $1,866. Compare this to the city average of $2,437. In the past year, rent prices have increased by 1.5%. Colina Del Sol provides easy access to Fleet Science Center, Ucsd Health East Station, and 4938-4948 El Cajon Blvd.

El Cerrito

Average Rent

$1,877/Month

Year-Over-Year Rent Change

9.6%

Units Available

13 Rentals

If you’re looking for a great, affordable neighborhood in San Diego, El Cerrito might be the perfect place! It has an average rent price of $1,877, while the city’s average stands at $2,437. In the last year, prices have decreased by 9.6%. El Cerrito is near UC San Diego, Medical Center, San Diego State University, and San Diego City College.

Redwood Village-Rolando Park

Average Rent

$1,884/Month

Year-Over-Year Rent Change

3.2%

Units Available

11 Rentals

Redwood Village-Rolando Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Redwood Village-Rolando Park is $1,884 while the city average is $2,437. This is a 3.2% difference from last year. Residents enjoy convenient access to San Diego State University, Lamar County Park, and San Diego City College.

Bay Terraces

Average Rent

$1,899/Month

Year-Over-Year Rent Change

0.2%

Units Available

35 Rentals

When you’re looking for a great San Diego neighborhood on a budget, check out Bay Terraces. The average rent is $1,899, compared to the city average of $2,437. Rent prices have decreased by 0.2%. Bay Terraces is convenient to Chollas Lake Park, 47Th Street, and Paradise Hills Retail Center.

Egger Highlands

Average Rent

$1,938/Month

Year-Over-Year Rent Change

1.9%

Units Available

17 Rentals

Egger Highlands is an affordable neighborhood in San Diego with an average rent price of $1,938. Compare this to the city average of $2,437. In the past year, rent prices have increased by 1.9%. Egger Highlands provides easy access to San Diego International, Border Field State Park, and Tijuana River Valley Regional Park.

South Bay Manor

Average Rent

$1,940/Month

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in San Diego, South Bay Manor might be the perfect place! It has an average rent price of $1,940, while the city’s average stands at $2,437. South Bay Manor is near Thomas Jefferson School of Law, Bay City Plaza, and Iris Avenue.

Paradise Hills

Average Rent

$1,958/Month

Year-Over-Year Rent Change

0.7%

Units Available

25 Rentals

Paradise Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Paradise Hills is $1,958 while the city average is $2,437. This is a 0.7% difference from last year. Residents enjoy convenient access to Plaza East, San Diego Bay National Wildlife Refuge, and 8Th Street.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.