West Coast2.3% avg cap rateLive · 26 active listings

San Diego, CA

Southern California beach city - year-round coastal STR demand

San Diego is Southern California's most STR-friendly major beach city, combining 70 miles of coastline, near-perfect year-round weather, and neighborhoods like Pacific Beach, Mission Beach, Ocean Beach, and La Jolla that each support distinct STR market profiles. The city regulates STRs through a tiered permit system - whole-home rentals require a license and are subject to availability caps in some zones.

2.3%
Avg Cap Rate
Net operating income / price
47%
Avg Occupancy
Annual average
$410
Avg Nightly Rate
All property types
$2.4M
Avg List Price
STR-viable properties

26 active listings in San Diego are analyzed and ranked right now

Scored 1-10 against real Airbnb comps. See which properties rank highest and why.

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Estimated Annual Performance

Gross rental revenue
47% occ × $410/night
$70,336
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $28,134
Est. net operating income
Before mortgage & depreciation
$42,202
At $2.4M avg price
Implied cap rate
1.8%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose San Diego

Near-perfect year-round weather - no meaningful off-season
Pacific Beach and Mission Beach among highest-volume CA coastal STR markets
Comic-Con and major military change-of-station cycles drive demand spikes
San Diego STR permit required - confirm availability by neighborhood
Peak season: Year-round (peaks: summer, Comic-Con July)
Top property types: Condo, Single Family, Beach Cottage, Townhouse
Primary zip: 92109, 92107, 92037, 92106, 92103

San Diego STR investing, answered

Is San Diego, CA a good short-term rental market?

San Diego is a West Coast STR market averaging a 2.3% cap rate, 47% annual occupancy, and $410/night across STR-viable listings, based on 26 active listings. San Diego is Southern California's most STR-friendly major beach city, combining 70 miles of coastline, near-perfect year-round weather, and neighborhoods like Pacific Beach, Mission Beach, Ocean Beach, and La Jolla that each support distinct STR market profiles. The city regulates STRs through a tiered permit system - whole-home rentals require a license and are subject to availability caps in some zones.

What is the average Airbnb occupancy rate in San Diego?

STR-viable properties in San Diego average about 47% occupancy across the year. Peak season is Year-round (peaks: summer, Comic-Con July). Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in San Diego?

At $410/night and 47% occupancy, a typical San Diego STR grosses roughly $70,336 per year before expenses, leaving an estimated $42,202 in net operating income against a $2.4M average price, an implied 1.8% cap rate. Individual results depend on property, amenities, and management.

What types of properties work best for STR in San Diego?

The strongest-performing STR property types in San Diego are Condo, Single Family, Beach Cottage, Townhouse. Near-perfect year-round weather - no meaningful off-season. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.

What is the median STR-viable home price in San Diego?

STR-viable listings in San Diego average around $2.4M. Primary STR ZIP codes include 92109, 92107, 92037. Combined with the market's 2.3% average cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 26 active listings · last updated Sep 1, 2026

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