Average Rent in San Francisco, CA

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Current Versus Historical San Francisco, CA Rents

San Francisco rentals average $2,100 for a studio rental to $5,900 for a 4-bedroom rental. The median price of all currently available listings is $3,295, or roughly $52 per square feet.
For the apartment units and housing in March 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $848 (-26.31%) year-over-year from $3,223 to $2,375. 1-bedroom rentals prices have decreased by $31 (-1.00%) year-over-year from $3,100 to $3,069. 2-bedroom rentals prices have increased by $248 (6.07%) year-over-year from $4,083 to $4,331. 3-bedroom rentals prices have increased by $393 (8.91%) year-over-year from $4,408 to $4,800. 4-bedroom rentals prices have increased by $243 (4.25%) year-over-year from $5,708 to $5,950. 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 down by 4.95% this month. 1-bedroom rents have gone up by 0.35% this month. 2-bedroom rents have gone up by 1.66% this month. 3-bedroom rents have gone down by 0.86% this month. 4-bedroom rents have gone down by 2.78% this month.
Beds
Price / Sqft
Mar 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $66 $2,375 $3,223 (-26.31%) $2,941 (-19.25%)
1 BR $54 $3,069 $3,100 (-1.00%) $3,150 (-2.57%)
2 BR $49 $4,331 $4,083 (6.07%) $4,298 (0.76%)
3 BR $45 $4,800 $4,408 (8.91%) $5,549 (-13.50%)
4+ BR $42 $5,950 $5,708 (4.25%) $6,931 (-14.15%)

Historical Rents in San Francisco, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near San Francisco

There are a total of 17 cities nearby San Francisco. The average rent in San Francisco is currently $2,600 per month. A total of 16 cities nearby have an average rent lower than that. Our records show that Stockton, CA, with an average rent of $1,495, is the most affordable city nearby. In contrast, the most expensive city near San Francisco, CA is Dublin, CA. Monthly rents here are on average $3,728 per month.

Let's compare San Francisco, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in San Francisco, CA is 19.17% more expensive than other cities nearby. One bedrooms are about 27.19% more expensive. Two bedrooms in San Francisco, CA are about 29.17% more expensive. Finally, rent for three bedrooms are about 21.81% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near San Francisco, CA in the following chart.
City Studio 1 Bed 2 Bed All
Vallejo, CA $1,200 $1,550 $1,965 $1,997
Oakland, CA $1,595 $1,995 $2,500 $2,250
Concord, CA $1,698 $1,800 $2,300 $2,250
Hayward, CA $2,323 $1,973 $2,400 $2,300
Richmond, CA $2,800 $1,695 $2,450 $2,395
Berkeley, CA $1,995 $2,300 $2,995 $2,595
Walnut Creek, CA $1,688 $2,075 $2,590 $2,600
Alameda, CA $1,923 $2,000 $2,800 $2,795
Redwood City, CA $1,900 $2,455 $3,399 $2,798
San Mateo, CA N/A $2,627 $3,246 $2,995

Top Neighborhoods Near San Francisco

There are a total of 6 neighborhoods in or near San Francisco. Some of these neighborhoods include Downtown San Francisco-Civic Center, Richmond District, and Nob Hill. We've included all of these top 6 neighborhoods in or near San Francisco, CA in the following chart.

The average rent for these 6 neighborhoods in or near San Francisco, CA is currently around $2,995 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,995. Out of all the neighborhoods in or near San Francisco, Downtown San Francisco-Civic Center has the most affordable average rent at $1,935 per month. Whereas, at $3,687 average rent per month, South of Market is the most expensive neighborhood in or near San Francisco. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown San Francisco-Civic Center, San Francisco, CA $1,725 $2,400 $2,925 $1,935
Richmond District, San Francisco, CA $2,173 $2,550 $3,250 $2,800
Nob Hill, San Francisco, CA $2,095 $2,550 $4,125 $2,895
Western Addition, San Francisco, CA $2,050 $2,898 $3,754 $3,095
Mission, San Francisco, CA $1,800 $2,699 $3,400 $3,373
South of Market, San Francisco, CA $2,694 $3,446 $4,784 $3,687

Top Counties Near San Francisco

There are a total of 6 counties located by San Francisco, CA. Some of these counties include San Joaquin, CA, Alameda, CA, and Contra Costa, CA. The average rent for rentals in these counties is $2,883. That's roughly around $39 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is San Joaquin, CA. It's average rent per month is $1,900. Vice versa, with an average rent of $4,032, Marin, CA is the most expensive county by San Francisco, CA.

Typically, rent for studios in San Francisco, CA is 10.71% more expensive than other counties nearby. In comparison, rent for one bedroom listings in San Francisco, CA is 20.11% more expensive than other counties nearby. Finally, rent for two bedrooms in San Francisco, CA is 22.27% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
San Joaquin, CA $1,000 $1,250 $1,610 $1,900
Alameda, CA $1,750 $2,095 $2,750 $2,595
Contra Costa, CA $1,750 $1,950 $2,405 $2,773
San Mateo, CA $2,000 $2,459 $3,395 $2,993
San Francisco, CA $2,100 $2,850 $3,953 $3,295
Marin, CA $3,000 $2,895 $3,525 $4,032

Top Zipcodes Near San Francisco

There are a total of 18 zipcodes in or near San Francisco, CA. The average rent for all of these zipcodes is $2,923. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 95207, Stockton, CA at $1,438 per month. In comparison, the zipcode with the most expensive average rent of $4,525 per month is 94105, San Francisco, CA.

Studios in these zipcodes have an average rent of $1,909. That's at least $60 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near San Francisco, CA is $2,585 per month. Or in other words, $51 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,370 per month. Which comes out to $46 per sqft. The following chart includes the top 10 zipcodes in San Francisco, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
94568, Dublin, CA $3,094 $3,324 $3,852 $3,726
94105, San Francisco, CA $3,010 $3,946 $5,722 $4,525
94110, San Francisco, CA $1,800 $2,798 $3,395 $3,497
94501, Alameda, CA $1,923 $2,000 $2,800 $2,698
94103, San Francisco, CA $2,045 $3,000 $3,600 $3,153
94107, San Francisco, CA $2,120 $2,977 $4,056 $3,395
94109, San Francisco, CA $1,895 $2,648 $3,800 $2,600
94608, Emeryville, CA $1,950 $2,225 $2,995 $2,400
94115, San Francisco, CA $2,579 $2,900 $3,946 $3,245
94610, Oakland, CA $1,750 $2,185 $2,895 $2,273

Frequently Asked Questions - San Francisco Average Rents

What is the average rent price in San Francisco, CA?
The average monthly rental price for San Francisco, CA apartments for rent is approximately $3,295. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 San Francisco, CA.
How much is a studio apartment in San Francisco, CA?
The average monthly rental price for studio apartments is $2,100 and an average price per square feet of $66.29. There are a total of 196 studio apartment listings currently available for rent in San Francisco.
How much is a one bedroom apartment in San Francisco, CA?
The average monthly rental price for one bedroom apartments is $2,850 and an average price per square feet of $54.44. There are a total of 394 one bedroom apartment listings currently available for rent in San Francisco.
How much is a two bedroom apartment in San Francisco, CA?
The average monthly rental price for two bedroom apartments is $3,953 and an average price per square feet of $48.94. There are a total of 332 two bedroom apartment listings currently available for rent in San Francisco.
How have rent prices in San Francisco, CA changed this year?
Rent prices for rentals in San Francisco, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.26%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in San Francisco, CA?
A reasonable rent price in San Francisco, CA is around $2,636/month. You can search for these reasonably priced rental listings on RentHop.
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