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San Diego County rent reaching record highs

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CBS 8 San Diego

While rent in much of the rest of the United States is starting to go down slightly, here in San Diego we are seeing record highs.

A recent study by CoStar, which tracks the real estate market, shows that rent in San Diego has jumped in the past year by 3.4%, now just over $2400 a month. This was the largest increase in California, with rents in Los Angles up 1% and in San Francisco down by half a percent.

"It has gone up... every year it goes up a significant amount!," said Priscilla Morales.

She and her husband rent a twobedroom in Chula Vista, where rent has jumped by about 6.5 percent over last year, according to CoStar.

The Morales' $2300 rent keeps climbing year after year.

"Not just $50 or $75 more like $100 or $150," she told CBS 8.

This means that they are forced to save wherever they can, especially with inflation also rising.

MORE: https://www.cbs8.com/article/news/loc...

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