Articles Filed Under: Rentals

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Rents in San Francisco Drop Even More, But…

Rents in San Francisco Drop Even More, But…

Having slipped to just under $3,600 last month, the weighted average asking rent for an apartment in San Francisco has since dropped another 5 percent to $3,425, which is now down 20 percent on a year-over-year basis and 23 percent below a 2015-era peak, driven by a sharp increase... Read More »

Asking Rents in Oakland Drop, Listings Jump

Having slipped last month, which shouldn’t have caught any plugged-in readers by surprise, the weighted average asking rent for an apartment in Oakland has since dropped nearly 5 percent to a little under $2,500 a month, which is now down over 13 percent since the end of last year... Read More »

Vacancy Rate Continues to Climb in San Francisco

Vacancy Rate Continues to Climb in San Francisco

As we outlined two months ago, back in early July: Despite the fact that the weighted average asking rent for an apartment in San Francisco is already down over 10 percent on a year-over-year basis and offers of complimentary rent are on the rise, vacancy rates are still ticking... Read More »

Rent Versus Buy and Returns for the Cheapest Lumina Condo

Rent Versus Buy and Returns for the Cheapest Lumina Condo

Purchased for $800,000 back in September of 2017, the 763-square-foot unit #3D in the Lumina tower at 201 Folsom Street returned to the market priced at $820,000 this past May, positioned as “the lowest-priced condo in the tower,” with an efficient and desirable open-concept layout, an exclusive use patio,... Read More »

Moratorium on Pandemic Related Evictions Extended Again

Moratorium on Pandemic Related Evictions Extended Again

As we outlined in June: The temporary moratorium on the eviction of tenants in San Francisco for the non-payment of rent from April through July, if formally documented as being due to the COVID-19 pandemic, has effectively been made permanent by San Francisco’s Board of Supervisors. While the ordinance... Read More »

Rents in S.F Continue To Drop, Now Down Over 20% From Peak

Rents in S.F Continue To Drop, Now Down Over 20% From Peak

Having slipped to just under $3,600 a month two weeks ago, the weighted average asking rent for an apartment in San Francisco has since ticked down another percent to $3,550, continuing a sharp downward trend which shouldn’t have caught any plugged-in readers by surprise. As such, the average asking... Read More »

Asking Rents in Oakland Slip, Discount to S.F. Drops

With signs of weakness having started to emerge last month, the weighted average asking rent for an apartment in Oakland has slipped back under $2,600 a month and is now down around 10 percent since the end of last year, and 13 percent below a 2016-era peak of roughly... Read More »

Industry Group Appeals Tenant Protection Ordinance Ruling

Industry Group Appeals Tenant Protection Ordinance Ruling

Having been denied by a San Francisco Superior Court Judge last week, the San Francisco Apartment Association, San Francisco Association of Realtors, Coalition for Better Housing, and Small Property Owners of San Francisco Institute have just filed an appeal of the judge’s ruling that upheld San Francisco’s COVID-19 Tenant... Read More »

Asking Rents in San Francisco Down Nearly 20% From Peak

Asking Rents in San Francisco Down Nearly 20% From Peak

With listing activity having spiked, the weighted average asking rent for an apartment in San Francisco has dropped another hundred dollars ($100), or roughly 3 percent, over the past two weeks and is now down to a little under $3,600 a month, continuing a trend which shouldn’t catch any... Read More »

Asking Rents in San Francisco Continue to Drop, Listings Spike

Asking Rents in San Francisco Continue to Drop, Listings Spike

In a move that shouldn’t catch any plugged-in readers by surprise, the weighted average asking rent for an apartment in San Francisco has dropped another 4 percent over the past few weeks and is now down to $3,700 a month. While $3,700 a month isn’t exactly “cheap,” it’s nearly... Read More »