In Coronado 45% of the housing is rented out compared to 55% of homes are owned, according to the most recent Census Bureau estimates. 14% of Coronado's apartments are found in large buildings of 50 units or more, 56% are located in smaller apartment complexes with less than 50 units, and 30% are single-family rentals.
When many renters are thinking about typical southern California living, they often picture spending their days in a sun-drenched apartment with easy access to the great outdoors, including miles of sandy beaches to catch the waves at sunrise, as well as spectacular sunsets, gorgeous weather year-round, and a laid-back lifestyle with an emphasis on health and physical activity. With this in mind, Coronado, CA — a small, island city located off the coast of San Diego — offers all of this and then some. As such, renters will have no difficulty finding excuses to leave their rental apartment to take advantage of the amenities, including beaches ranging from a surfer’s paradise to undeveloped shoreline; 16 miles of boardwalk for jogging or taking in the natural beauty of the island at a slower pace; golf courses; as well as opportunities to sail, skateboard, kayak and paddle board for the more adventurous. Meanwhile, renters with children appreciate the highly rated public school system, safe living environment, tight-knit community, and family-friendly activities and festivals year-round. However, renting an apartment in Coronado comes at a steep price: Renters who are considering moving to this southern Californian paradise should prepare themselves for a cost of living that’s significantly higher than the national average and even above the average for the rest of the state of California.
Coronado offers a mixed urban-suburban environment where you can find an apartment for rent in a high-rise community by the beach or a quiet rental property in a residential neighborhood a few minutes from the shoreline. Renters are the minority in Coronado, where slightly more residents own their homes. Before starting your hunt for an apartment for rent in Coronado, renters should recognize that the average rent on this paradise-like island may be significantly higher than even the average for the notoriously expensive San Diego-Carlsbad metropolitan area. However, renters in Coronado pay, at the most, the equivalent of two months’ rent for an unfurnished rental apartment and three months for a furnished apartment for a security deposit, according to the rental laws in California.
Coronado is a small city island where most of the limited real estate is used for residential or entertainment purposes. Although you can find a couple of convenience stores and smaller supermarkets — such as Vons and Ralphs — most renters accomplish the bulk of their shopping in nearby San Diego. Coronado also is home to the Naval Air Station North Island, the Naval Amphibious Base Coronado and a training center for Navy Seals. Therefore, renters who are part of the military can also use the Commissary on the base.
Downtown Coronado is very walkable, and residents can also easily use their bikes if they would rather leave their car at home while they run errands. Many locals also use golf carts to get around. Or, Coronado has a few public transit options, including two bus lines and a ferry to San Diego. Plus, Coronado is also accessible from San Diego by car, with Highway 75 taking renters across the bay with a magnificent, two-mile-long bridge.
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