Median asking price for a 2/2 condo in RB is around 280k. Price/rent ratio 190. I see a total of 14 condos at or just below 200K in Rancho Bernardo East & West (two of them in a senior housing complex).

For comparison, 4-bedroom detached houses in the same area have median rents around $2400/month and median sales prices around 600k (price/rent ratio 250).