Average Rent in San Francisco, CA

Home  »  CA  »  San Francisco

Current Versus Historical San Francisco, CA Rents

San Francisco rentals average $2,748 for a studio rental to $12,000 for a 4-bedroom rental. The median price of all currently available listings is $3,834, or roughly $5 per square feet.
For the apartment units and housing in February 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $478 (-17.68%) year-over-year from $2,703 to $2,225. 1-bedroom rentals prices have decreased by $147 (-4.75%) year-over-year from $3,100 to $2,953. 2-bedroom rentals prices have decreased by $465 (-10.78%) year-over-year from $4,315 to $3,850. 3-bedroom rentals prices have decreased by $148 (-3.03%) year-over-year from $4,898 to $4,750. 4-bedroom rentals prices have increased by $358 (5.83%) year-over-year from $6,133 to $6,490. 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 3.71% this month. 1-bedroom rents have gone down by 3.92% this month. 2-bedroom rents have gone down by 1.81% this month. 3-bedroom rents have gone up by 1.44% this month. 4-bedroom rents have gone up by 2.61% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.77 $2,225 $2,703 (-17.68%) $3,007 (-26.01%)
1 BR $4.83 $2,953 $3,100 (-4.75%) $2,898 (1.89%)
2 BR $4.40 $3,850 $4,315 (-10.78%) $3,650 (5.47%)
3 BR $3.97 $4,750 $4,898 (-3.03%) $4,333 (9.62%)
4+ BR $3.94 $6,490 $6,133 (5.83%) $5,196 (24.90%)

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 2 cities nearby San Francisco. The average rent in San Francisco is currently $2,669 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Oakland, CA, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near San Francisco, CA is San Mateo, CA. Monthly rents here are on average $3,137 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 67.53% more expensive than other cities nearby. One bedrooms are about 30.25% more expensive. Two bedrooms in San Francisco, CA are about 33.46% more expensive. Finally, rent for three bedrooms are about 20.35% more expensive. Want more information? Check out the top 2 cities near San Francisco, CA in the following chart.
City Studio 1 Bed 2 Bed All
Oakland, CA $1,784 $2,098 $2,901 $2,200
San Mateo, CA N/A $2,785 $3,424 $3,137

Top Neighborhoods Near San Francisco

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

The average rent for these 1 neighborhoods in or near San Francisco, CA is currently around $3,919 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than San Francisco's average rent, which is only $3,834. Out of all the neighborhoods in or near San Francisco, South of Market has the most affordable average rent at $3,919 per month. Whereas, at $3,919 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
South of Market, San Francisco, CA $2,895 $3,584 $4,876 $3,919

Top Counties Near San Francisco

There are a total of 1 counties located by San Francisco, CA. Some of these counties include Alameda, CA, Contra Costa, CA, and San Mateo, CA. The average rent for rentals in these counties is $3,322. That's roughly around $4 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Alameda, CA. It's average rent per month is $2,847. Vice versa, with an average rent of $3,834, San Francisco, CA is the most expensive county by San Francisco, CA.

Typically, rent for studios in San Francisco, CA is 23.37% more expensive than other counties nearby. In comparison, rent for one bedroom listings in San Francisco, CA is 26.62% more expensive than other counties nearby. Finally, rent for two bedrooms in San Francisco, CA is 29.23% 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 $1,835 $2,348 $3,114 $2,847
Contra Costa, CA $1,824 $2,195 $2,795 $3,300
San Mateo, CA $2,376 $2,789 $3,613 $3,344
San Francisco, CA $2,748 $3,500 $4,753 $3,834

Top Zipcodes Near San Francisco

There is one zipcode in or near San Francisco, CA. The average rent for this zipcode is $4,490.

The following chart includes the zipcode in or near 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 $2,918 $4,316 $5,927 $4,490

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 $3,834. 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 $2,748 and an average price per square feet of $5.77. There are a total of 60 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 $3,500 and an average price per square feet of $4.83. There are a total of 95 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 $4,753 and an average price per square feet of $4.40. There are a total of 88 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 -0.18%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by -0.11%, and three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in San Francisco, CA?
A reasonable rent price in San Francisco, CA is around $3,067/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast