Coming ahead of New York, San Jose, and Los Angeles, San Francisco continued to rank as the most expensive city in the nation with one bedroom rent growing 2% to $3,570 and two bedrooms falling 0.6% to $4,700 last month.
While Parkside and Outer Mission – Excelsior had the fastest growing rents last quarter, up 10% and 8%, respectively, Outer Sunset and Lakeshore saw the biggest rent dips, both down over 7%.
As the only 3 neighborhoods with rents above $3,700, South Beach, SOMA, and Pacific Heights reigned as the most expensive areas. Telegraph Hill, Mission, Hayes Valley, and Mission Bay – Dogpatch followed closely behind as the next priciest neighborhoods.
Closer to the $3,000 threshold, NOPA, Nob Hill, and Lone Mountain were more affordable areas still relatively central to the city.
If you want to see how rents in San Francisco compare with the rest of the nation’s, view our National Rent Report for September, which analyzes over 1 million active listings available in the prior month.
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