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Rental market trends in San Francisco, CA

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Average Rent in San Francisco, CA

Average Rent in San Francisco, CA

Avg. RentAnnual Change
Studio - $2,8200%
1 Bed - $3,478+4%
2 Beds - $4,808+6%
Last updated 5/22/2024

Average Apartment Cost in San Francisco, CA

The average rent for apartments in San Francisco, CA, is between $2,820 and $4,808 in 2024. For a studio apartment in San Francisco, CA, the average rent is $2,820. When it comes to 1-bedroom apartments, the average rent in San Francisco, CA, is $3,478. For a 2-bedroom apartment, the average rent is $4,808.

Apartment Rent Ranges in San Francisco, CA

Apartment PricesProportion
0%
1%
3%
11%
86%

Neighborhood Apartment Rent Trends in San Francisco, CA

NeighborhoodStudio Avg RentAnnual Change
Rincon Hill$3,205+7%
Edgewater$2,994+18%
Mission Bay$2,969-1%
South Beach$2,933+2%
South of Market$2,928+1%
Inner Sunset$2,860+3%
Dogpatch$2,845-10%
Southeast San Francisco$2,845-6%
Hayes Valley$2,830--
Marina District$2,795-10%
Southwest San Francisco$2,781+22%
Northwest San Francisco$2,769-7%
Noe Valley$2,600--
Mission District$2,500-17%
Russian Hill$2,495+14%
Lower Pacific Heights$2,4880%
2000 Post$2,4880%
Lower Haight$2,350--
Nob Hill$2,295-2%
Northeast San Francisco$2,259+6%
Central South of Market$2,237-6%
Lower Nob Hill$2,230+5%
Western South of Market$2,110-28%
Bayview$1,9000%
Tenderloin$1,821-4%
Neighborhood1 Bed Avg RentAnnual Change
Presidio Heights$4,500--
Rincon Hill$4,239+11%
South Beach$3,833+9%
South of Market$3,665+6%
Mission Bay$3,604+5%
Dogpatch$3,527-25%
Southeast San Francisco$3,527-7%
Edgewater$3,492+6%
Russian Hill$3,445+5%
Northwest San Francisco$3,350+4%
Lower Pacific Heights$3,350+11%
2000 Post$3,350+11%
Telegraph Hill$3,350--
Cole Valley$3,300-7%
Mission District$3,250-4%
Inner Sunset$3,212-4%
Southwest San Francisco$3,195+8%
Marina District$2,995+7%
Parkmerced$2,950-5%
Central South of Market$2,9330%
Northeast San Francisco$2,827+1%
Lower Nob Hill$2,793+9%
Hayes Valley$2,725-20%
Western South of Market$2,707-33%
Bernal Heights$2,700--
Nob Hill$2,650-12%
Tenderloin$2,597+5%
Outer Richmond$2,500--
Western Addition$2,399--
Noe Valley$2,299--
Inner Richmond$2,250--
Pacific Heights$2,200--
Chinatown$2,135--
Outer Sunset$1,988--
Neighborhood2 Beds Avg RentAnnual Change
South of Market$4,860+4%
Inner Sunset$4,820+38%
Mission Bay$4,750+2%
Northeast San Francisco$4,567+18%
Chinatown$4,500--
Dogpatch$4,395-25%
Cole Valley$4,395--
Pacific Heights$4,3500%
Southeast San Francisco$4,3350%
Edgewater$4,249+7%
North Beach$4,200--
Russian Hill$4,200--
Northwest San Francisco$4,069+1%
Lower Pacific Heights$4,009+5%
2000 Post$4,009+5%
Potrero Hill$4,000+14%
Diamond Heights$3,999--
Hunters Point$3,965--
Telegraph Hill$3,950--
Southwest San Francisco$3,924+7%
Noe Valley$3,850--
Marina District$3,750--
Parkmerced$3,7300%
Lower Nob Hill$3,720+7%
Mission District$3,700-15%
Tenderloin$3,697--
Bernal Heights$3,600--
Western South of Market$3,550-34%
Central South of Market$3,550-10%
Bayview$3,400--
Outer Sunset$3,299-8%
Cathedral Hill$3,200--
Hayes Valley$3,100--
Western Addition$2,995--
Inner Richmond$2,900--
Outer Richmond$2,850--

How Other Cities Compare to San Francisco, CA

CityStudio Avg RentAnnual Change
Redwood City$2,9810%
Santa Rosa$2,686+3%
Union City$2,612+7%
San Carlos$2,609-16%
Pacifica$2,605+1%
Milpitas$2,4250%
San Jose$2,389-5%
Palo Alto$2,385-26%
Fairfield$2,355+18%
Alameda$2,305-5%
Fremont$2,279+1%
Pleasanton$2,219-29%
Hayward$2,200--
Menlo Park$2,195+5%
Berkeley$2,145-5%
Walnut Creek$2,142-14%
San Mateo$2,110-5%
Oakland$2,108-3%
Sunnyvale$2,062-3%
Vacaville$1,959+3%
Santa Clara$1,950-7%
Livermore$1,739-28%
Napa$1,500--
City1 Bed Avg RentAnnual Change
Redwood City$3,350+1%
Mountain View$3,095-15%
Pacifica$3,045+8%
Sunnyvale$2,872+5%
Santa Clara$2,871-12%
Livermore$2,857+17%
Union City$2,850+11%
Menlo Park$2,7950%
Berkeley$2,771-1%
Milpitas$2,737-6%
San Jose$2,7240%
Palo Alto$2,705-32%
San Mateo$2,659-2%
Napa$2,503-2%
San Carlos$2,5000%
Pleasanton$2,495-5%
Walnut Creek$2,4780%
Oakland$2,471-13%
Fremont$2,420+3%
Hayward$2,382+11%
Alameda$2,350-17%
Santa Rosa$2,295-4%
Vacaville$2,185+6%
City2 Beds Avg RentAnnual Change
Pleasanton$4,793+21%
Menlo Park$4,498-19%
Redwood City$4,304+2%
Santa Clara$3,990+7%
Sunnyvale$3,940+5%
San Carlos$3,850+15%
San Mateo$3,718+10%
Mountain View$3,642-18%
Oakland$3,630-16%
Palo Alto$3,600-1%
Milpitas$3,600-6%
Pacifica$3,338+6%
San Jose$3,3270%
Berkeley$3,195-37%
Walnut Creek$3,097-1%
Union City$2,990+2%
Livermore$2,940+10%
Fremont$2,897-1%
Alameda$2,895-12%
Napa$2,883-3%
Hayward$2,725+6%
Santa Rosa$2,6000%
Vacaville$2,370+4%
Fairfield$1,940-18%
Vallejo$1,795-10%

San Francisco, CA Rent Trends

Studio1 Bed2 Beds
May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024
$2845$2949$2955$2877$2837$2740$2651$2668$2726$2734$2779$2832$2941
$3517$3656$3595$3518$3456$3426$3385$3342$3418$3475$3531$3483$3593
$4819$4879$4911$4599$4594$4531$4509$4406$4458$4554$4690$4832$4863
$5956$5980$5940$5987$5944$5767$5790$5640$5577$5550$5623$5760$5760

Neighborhood Information for San Francisco, CA

What are the most affordable neighborhoods in San Francisco, CA?

The most affordable neighborhoods in San Francisco are Outer Sunset, where the average 1-bedroom apartment rent goes for $1,988, Chinatown, where renters pay $2,135 on average for a 1-bedroom apartment, and Pacific Heights, where the average 1-bedroom apartment rent goes for $2,200. If you're looking for other great deals, check out the listings in Inner Richmond ($2,250 for a 1-bedroom apartment) or Noe Valley ($2,299 for a 1-bedroom apartment), compared to the $3,478 average for a San Francisco 1-bedroom apartment.

What are the most expensive neighborhoods in San Francisco, CA?

The most affordable neighborhoods in San Francisco are Presidio Heights, where the average 1-bedroom apartment rent goes for $4,500, Rincon Hill, where renters pay $4,239 on average for a 1-bedroom apartment, and South Beach, where the average 1-bedroom apartment rent goes for $3,833. If you're looking for other great deals, check out the listings in South of Market ($3,665 for a 1-bedroom apartment) or Mission Bay ($3,604 for a 1-bedroom apartment), compared to the $3,478 average for a San Francisco 1-bedroom apartment.

What are the most popular neighborhoods in San Francisco, CA?

The most popular neighborhoods in San Francisco are Noe Valley, where the average 1-bedroom apartment rent goes for $2,299, Bernal Heights, where renters pay $2,700 on average for a 1-bedroom apartment, and Cole Valley, where the average 1-bedroom apartment rent goes for $3,300. If you're looking for other popular neighborhoods, check out the listings in Hayes Valley ($2,725 for a 1-bedroom apartment) or Mission District ($3,250 for a 1-bedroom apartment), compared to the $3,478 average for a San Francisco 1-bedroom apartment.

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