San Diego’s Apartment Vacancy Rate Hits Record 6.2%
By Shannon Handy / CBS8 / July 7, 2026
San Diego’s apartment vacancy rate has surged to a record 6.1 to 6.2 percent, driven largely by a boom in new construction. This figure surpasses the previous record of 5.7 percent set during the Great Recession in 2009 and reflects a dramatic increase from 2.6 percent in 2021, according to Josh Ohl, senior director of marketing analytics for the real estate tracker CoStar.
The increase is primarily attributed to a significant influx of new apartment units, with around 5,000 new units added in 2024, followed by another 5,600 in 2025. This year alone has seen about 4,000 new units enter the market. Ohl noted the steady uptick in vacancy rates, which has mirrored the growing supply of apartments. “It’s definitely been ticking up steadily for probably about the last four straight quarters,” he said.

By Renee Schmiedeberg /
At the height of the “Town Hall” meeting Tuesday night, July 28, at the Point Loma Library, there was standing-room only. I had counted at least 80 people earlier. It had been called by three local planning groups (Peninsula, Uptown and Old Town) and a Point Loma group to air the community’s grievances against the Midway Rising redevelopment project of the sports arena area, NAVWAR — the Navy’s redevelopment of sections of Old Town, and Senate Bill 958, that if enacted, would pour grease on the skids for Midway Rising’s plans.
by Dorian Hargrove /
The new proposal reconfigures the site, moving the buildings and parking away from what may be culturally sensitive lands and redesigning the large block-like apartment-style buildings into six buildings with 125 total units.
How to Make Changes in the Underfunded Finest City
San Diego City Councilmember Raul Campillo says he has found a pot of money the city can use to re-open more than a dozen Mission Bay restrooms closed in early July as part of budget cutting. He wants the city to use “the $1.8 million in budgeted election costs that were freed up last month when a possible November ballot measure got postponed,” as the
The Port of San Diego has officially named a beach at Spanish Landing “Kumeyaay Beach,” acknowledging and responding to years of efforts by local Kumeyaay tribespeople to do such.
By Mark Powell /
by Debbie L. Sklar /
Editordude: Nadia Lathan at Voice of San Diego just published a great read on the latest on Midway Rising and Senate Bill 958 — although she doesn’t mention NAVWAR — and it’s worth your time to catch up on this complex set of issues that will, if enacted, drastically affect all residents and visitors to the Peninsula. She hits most of the key issues, although not everyone, but does wet our appetites. So, try to get to it over the weekend. Here it is:
By Debbie L. Sklar / Special to the OB Rag
By Dan Plante / 




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