According to our most recent national rent report, San Francisco continued to rank as the most expensive rental market in nation. One bedroom rent grew 1.5% to $3,490, while two bedrooms increased 1.1% to $4,600. On a year over year basis, prices for both bedroom types stayed relatively unchanged with less than a 4% change.
While Marina and Telegraph Hill had the fastest growing prices last quarter, up 9% and 8%, respectively, Lower Pacific Heights and Lakeshore took the biggest rent dips, both down around 7%.
South Beach ($3,850), Mission Bay – Dog Patch ($3,750), and Pacific Heights ($3,700) were the most expensive neighborhoods to rent this summer. Hayes Valley, Marina, and SOMA followed closely behind as the next priciest areas.
More affordable rentals, priced at $2,900 or under, could be found in Bayview, Inner Sunset, and West of Twin Peaks.
If you want to see how rents in San Francisco compare with the rest of the nation’s, view our National Rent Report for June, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, like or follow Zumper on Facebook, Twitter, and Instagram. In the market for a new place? Search all San Francisco apartments for rent on Zumper now.
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