Mission Valley (established, ~$36/sqft/yr) is one of 5 San Diego Class A submarkets we track.

  • Mission Valley sits at established tier.
  • Average rent $36/sqft/yr vs city average 56.
  • Compared submarkets: UTC & Torrey Pines (trophy), Downtown (prime), Sorrento Mesa (prime).

Mission Valley vs other San Diego submarkets

Mission Valley (established, ~$36/sqft/yr) is one of 5 San Diego Class A submarkets we track.

TL;DR

  • Mission Valley sits at established tier.
  • Average rent $36/sqft/yr vs city average 56.
  • Compared submarkets: UTC & Torrey Pines (trophy), Downtown (prime), Sorrento Mesa (prime).

Side-by-side with peers

**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. **Carlsbad & Del Mar Heights** (established, $44/sqft/yr) — North County Class A belt.

Key facts

citySan Diego
submarketMission Valley
tierestablished
averageRentLocal$36/sqft/yr
cityClassARentUsd$56/sqft/yr
cityVacancyPct18.4%

Frequently asked questions

What other submarkets compete with Mission Valley in San Diego?
UTC & Torrey Pines, Downtown, Sorrento Mesa

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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