Articles Recently Tagged: Apartment Rents

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Asking Rents in San Francisco HODL, But…

Asking Rents in San Francisco HODL, But…

Having dropped nearly 24 percent last year, the weighted average asking rent for an apartment in San Francisco has effectively held at around $3,100 a month over the past few weeks, with the average asking rent for a one-bedroom hodling at around $2,700 a month and units with at... Read More »

Free Rent Drops Vacancy Rates for Larger Buildings in S.F.

Free Rent Drops Vacancy Rates for Larger Buildings in S.F.

Having ticked up to over 10 percent in November, the average vacancy rate for a sampling of ten large apartment buildings in San Francisco, representing a combined 3,000 units of housing located in Hayes Valley, Dogpatch, Mid-Market and Downtown, has ticked down to a little under 8 percent, driven... Read More »

Oakland Rents Tick Down, Listing Activity Up 2X

Oakland Rents Tick Down, Listing Activity Up 2X

While the average asking rent for an apartment in Oakland hasn’t declined as much as it has in San Francisco, either in the absolute or relatively, it has ticked down another 1.4 percent over the past two months to $2,300, which is down 19 percent on a year-over-year basis... Read More »

Average Rent in San Francisco Dropped $1,000 In 2020

Average Rent in San Francisco Dropped $1,000 In 2020

With the average asking rent for a one-bedroom apartment in San Francisco having dropped 23 percent over the past year to under $2,700 a month and the average asking rent for a studio having dropped even more, the weighted average asking rent for an apartment in the city, which... Read More »

More Apartments on the Market in San Francisco and Oakland

Despite the fact that the average asking rent for an apartment in San Francisco has dropped 24 percent since the end of February and the average asking rent for a one-bedroom is back under $2,700 a month for the first time since 2012, listing activity for available units continues... Read More »

One-Bedroom Rents Down to 2012-Era Levels in San Francisco

One-Bedroom Rents Down to 2012-Era Levels in San Francisco

With the average asking rent for a studio apartment in San Francisco having slipped below $2,000 a month for the first time in nearly a decade earlier this month, the average asking rent for a one-bedroom apartment in the city has since slipped under $2,700 a month for the... Read More »

Studio Rents Just Dropped to 2011-Era Levels in San Francisco

Studio Rents Just Dropped to 2011-Era Levels in San Francisco

For the first time since 2011, the average asking rent for a studio apartment in San Francisco has slipped below $2,000 a month, which is down nearly 25 percent since the end of February and over 30 percent below the market’s peak in 2015, driven by a sharp increase... Read More »

Vacancy Rates Climb in San Francisco

Vacancy Rates Climb in San Francisco

While the vacancy rate for larger, multi-unit apartment buildings in San Francisco had ticked up to around 6 percent in the second quarter of the year, representing around 9,000 vacant units as of the end of June, said rate was approaching 9 percent based on a review of 3,000... Read More »

Oakland Rents Drop, Down Nearly 20 Percent (YOY)

Oakland Rents Drop, Down Nearly 20 Percent (YOY)

While asking rents for an apartment in San Francisco have been on the decline since the start of the year, a decline which was amplified by the pandemic and really accelerated in May, rents in Oakland mostly held firm through June, at which point the weighted average asking rent... Read More »

Rents Continue to Tumble in San Francisco

Rents Continue to Tumble in San Francisco

Despite offers of up to three months free rent, cash incentives to sign a new lease and advertised rents having already dropped over 20 percent on a year-over-year basis, the weighted average asking rent for an apartment in San Francisco continues to tumble and has just dropped to under... Read More »