Average Rent in 94103, San Francisco, CA

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Current Versus Historical 94103, San Francisco, CA Rents

94103 rentals average $2,715 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,364, or roughly $5 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $154 (-6.83%) year-over-year from $2,260 to $2,106. 1-bedroom rentals prices have increased by $395 (13.09%) year-over-year from $3,021 to $3,416. 2-bedroom rentals prices have increased by $1,810 (51.43%) year-over-year from $3,519 to $5,329. 3-bedroom rentals prices have increased by $10,677 (233.89%) year-over-year from $4,565 to $15,242. 4-bedroom rentals prices have increased by $1,117 (20.74%) year-over-year from $5,383 to $6,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 11.88% this month. 1-bedroom rents have gone up by 15.07% this month. 2-bedroom rents have gone up by 24.70% this month. 3-bedroom rents have gone up by 92.64% this month. 4-bedroom rents have gone up by 8.36% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.26 $2,106 $2,260 (-6.83%) $3,578 (-41.15%)
1 BR $4.71 $3,416 $3,021 (13.09%) $3,306 (3.34%)
2 BR $4.01 $5,329 $3,519 (51.43%) $4,063 (31.15%)
3 BR $3.99 $15,242 $4,565 (233.89%) $4,087 (272.97%)

Historical Rents in 94103, San Francisco, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 94103

There are a total of 2 cities nearby 94103. The average rent in 94103 is currently $3,366 per month. Only one city nearby has an average rent lower than that. Our records show that Santa Clara, CA, with an average rent of $2,821, is the most affordable city nearby. In contrast, the most expensive city near 94103, San Francisco, CA is San Francisco, CA. Monthly rents here are on average $3,911 per month.

Let's compare 94103, San Francisco, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 94103, San Francisco, CA is 48.94% more expensive than other cities nearby. One bedrooms are about 13.15% more expensive. Two bedrooms in 94103, San Francisco, CA are about 3.95% more affordable. Finally, rent for three bedrooms are about 10.48% more expensive. Want more information? Check out the top 2 cities near 94103, San Francisco, CA in the following chart.
City Studio 1 Bed 2 Bed All
Santa Clara, CA N/A $2,349 $3,531 $2,821
San Francisco, CA $2,773 $3,504 $4,910 $3,911

Top Neighborhoods Near 94103

There are a total of 1 neighborhoods in or near 94103. We've included all of these top 1 neighborhoods in or near 94103, San Francisco, CA in the following chart.

The average rent for these 1 neighborhoods in or near 94103, San Francisco, CA is currently around $4,056 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 94103's average rent, which is only $3,364. Out of all the neighborhoods in or near 94103, South of Market has the most affordable average rent at $4,056 per month. Whereas, at $4,056 average rent per month, South of Market is the most expensive neighborhood in or near 94103. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South of Market, San Francisco, CA $2,863 $3,706 $4,916 $4,056

Top Counties Near 94103

There are a total of 1 counties located by 94103, San Francisco, CA. Some of these counties include Alameda, CA, San Mateo, CA, and San Francisco, CA. The average rent for rentals in these counties is $3,375. That's roughly around $4 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Alameda, CA. It's average rent per month is $2,879. Vice versa, with an average rent of $3,911, San Francisco, CA is the most expensive county by 94103, San Francisco, CA.

Typically, rent for studios in 94103, San Francisco, CA is 11.53% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 94103, San Francisco, CA is 15.36% more expensive than other counties nearby. Finally, rent for two bedrooms in 94103, San Francisco, CA is 9.88% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Alameda, CA $2,205 $2,634 $3,257 $2,879
San Mateo, CA $2,402 $2,852 $3,659 $3,375
San Francisco, CA $2,773 $3,504 $4,910 $3,911

Top Zipcodes Near 94103

There is one zipcode in or near 94103, San Francisco, CA. The average rent for this zipcode is $4,751.

The following chart includes the zipcode in or near 94103, San Francisco, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
94105, San Francisco, CA $2,997 $4,473 $5,526 $4,751

Frequently Asked Questions - 94103 Average Rents

What is the average rent price in 94103, San Francisco, CA?
The average monthly rental price for 94103, San Francisco, CA apartments for rent is approximately $3,364. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 94103, San Francisco, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 94103, San Francisco, CA.
How much is a studio apartment in 94103, San Francisco, CA?
The average monthly rental price for studio apartments is $2,715 and an average price per square feet of $5.26. There are a total of 14 studio apartment listings currently available for rent in 94103.
How much is a one bedroom apartment in 94103, San Francisco, CA?
The average monthly rental price for one bedroom apartments is $3,370 and an average price per square feet of $4.71. There are a total of 18 one bedroom apartment listings currently available for rent in 94103.
How much is a two bedroom apartment in 94103, San Francisco, CA?
The average monthly rental price for two bedroom apartments is $4,060 and an average price per square feet of $4.01. There are a total of 13 two bedroom apartment listings currently available for rent in 94103.
How have rent prices in 94103, San Francisco, CA changed this year?
Rent prices for rentals in 94103, San Francisco, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.51%, and three bedroom rental prices have changed by 2.34% year-over-year.
What is a reasonable rent price in 94103, San Francisco, CA?
A reasonable rent price in 94103, San Francisco, CA is around $2,691/month. You can search for these reasonably priced rental listings on RentHop.
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