Carlsbad & Del Mar Heights (established, ~$44/sqft/yr) is one of 5 San Diego Class A submarkets we track.
Carlsbad & Del Mar Heights (established, ~$44/sqft/yr) is one of 5 San Diego Class A submarkets we track.
**UTC & Torrey Pines** (trophy, $68/sqft/yr) — Life sciences capital of California. **Downtown** (prime, $50/sqft/yr) — Repositioning trophy core. **Sorrento Mesa** (prime, $42/sqft/yr) — Defense and tech R&D belt. **Mission Valley** (established, $36/sqft/yr) — Suburban Class A and reposition frontier.
| city | San Diego |
|---|---|
| submarket | Carlsbad & Del Mar Heights |
| tier | established |
| averageRentLocal | $44/sqft/yr |
| cityClassARentUsd | $56/sqft/yr |
| cityVacancyPct | 18.4% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.