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San Diego apartment rents tick up in May

Concessions dip as multifamily housing vacancy rate slips to 5.1%
CoStar Analytics
June 2, 2025 | 5:05 P.M.

Rent growth roared back to life in May following April’s showers. Rents grew 0.3% in May, matching the best month of the year, while putting April’s rent losses in the rearview mirror.

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