Del Mar renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Del Mar is about $2,943 per month. This puts it in the 97th percentile compared to the state average cost of rent, which is $1,958. Households in Del Mar have a median income of $16,032 per month so the average renter in Del Mar is spending roughly 18% of their earnings on housing.
Nationally, and in Del Mar, home values are the data point most closely correlated with the cost of rent. The median price of a home in Del Mar is $1,683,381 right now, which is higher than nearby cities, meaning that rents in Del Mar also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Del Mar while lower rent rates are often available in southeastern areas.
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