La Jolla Village 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 La Jolla Village is about $2,551 per month. This puts it in the 83rd percentile compared to the city average cost of rent, which is $2,657. Households in La Jolla Village have a median income of $8,471 per month so the average renter in La Jolla Village is spending roughly 30% of their earnings on housing.
Nationally, and in La Jolla Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in La Jolla Village is $652,736 right now, which is lower than nearby neighborhoods, meaning that rents in La Jolla Village also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southern parts of La Jolla Village while lower rent rates are often available in northwestern areas.
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