Nate Kunes Nat Kunes

San Diego is officially one of the most expensive multifamily markets in the US, according to new research from AppFolio and ALN. The market has seen increasing apartment rental rates over the last several years, and has broken into the list of the top five most expensive in the country at number five. San Diego’s average rental rate is $1,871 or $2.17 per square foot. The list now has three California cities with Los Angeles at number four and San Francisco ranking number one.