Data & Research Money & Finance San Francisco

11.16.2018 | Updated on 12.10.2018 | 2 Minute Read | By Brian Carberry

This shouldn’t come as too much of a shock – San Francisco is one of the most expensive cities in the country (thanks a lot, tech boom).

According to Apartment Guide and Rent.com data from October 2018, the average two-bedroom apartment in the Bay Area will generally set you back about $5,800 a month. If you think that’s outrageous, wait until you see the most expensive unit in our San Francisco inventory: $49,528 a month at 399 Fremont.

Upscale city living

view from 399 Fremont

Photo courtesy of https://www.rent.com/california/san-francisco-apartments/399-fremont-4-100058483

So, what does $50K a month get you at 399 Fremont? For starters, two beds, two baths and 980-square-feet of sleek living space in a 42-story high rise in San Francisco’s Rincon Hill neighborhood.

Inside your posh furnished abode, expect all the bells and whistles, from walnut hardwood floors and quartz countertops to a spacious private balcony and WiFi-enabled heat and air. Floor-to-ceiling windows make it all the easier to soak up those zillion-dollar views of the downtown skyline and iconic Bay Bridge.

Located near the bustling Financial District, all that San Francisco has to offer is just steps away. Stroll along the waterfront Embarcadero, grab a bite in the foodie-lover’s Ferry Building, peruse fine art galleries or catch a Giants game at AT&T Park.

Or maybe just stay home and kick it with your neighbors on the fifth floor veranda, complete with fire pits, an outdoor kitchen, cabanas and even a lap pool (a rarity in San Francisco).

lap pool at 399 Fremont

Photo courtesy of https://www.rent.com/california/san-francisco-apartments/399-fremont-4-100058483

Lux comforts

At this price, amenities like the media lounge, spa and 24-hour gym with a yoga studio, spinning center and TRX room are somewhat expected. The bike repair room is a nice touch, but 399 Fremont ups the ante with a catering kitchen, private wine storage and even a dog park within the building.

Beyond that, it’s really all about the service in the form of a 24-hour concierge that includes round-the-clock package pickup.

Consider the alternatives

Needless to say, $49,528 per month is by no means “average.” The experts say that you should spend no more than 33 percent of your income on rent. Translation: To live in one of San Francisco’s most expensive apartments, you’d need to earn a whopping $1.7 million a year – time to polish up your resume?

Not quite ready to drop more than half a million annually on rented digs? Consider what else you could get for roughly $600,000:

For the annual price of this apartment, you could also buy: 19-acre private island in French Polynesia A cruise around the world for 3 people A minor league hockey team 172 bottles of Remy Martin Louis XIII cognac 600,339 boxes of Rice-A-Roni

If you’re all about that high roller life, we’re sad to say at the time of publication, this unit is off the market. But that doesn’t mean you can’t splurge on other top-dollar apartments in San Francisco.

The rent information included in this article is based on October 2018 rental property inventory on ApartmentGuide.com and rent.com and is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing or availability guarantee for any apartment.
Header photo courtesy of https://www.rent.com/california/san-francisco-apartments/399-fremont-4-100058483
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