Articles Filed Under: Rentals

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Asking Rents in San Francisco Drop Even More, Listings Double

Asking Rents in San Francisco Drop Even More, Listings Double

The weighted average asking rent for an apartment in San Francisco has now dropped to $3,825 a month. While that’s not exactly cheap, it’s nearly 7 percent ($275) cheaper than four months ago, 10 percent ($450) cheaper than at the same time last year and 14 percent ($625) cheaper... Read More »

Complimentary Rent on the Rise in San Francisco

As we highlighted last month: Having already started to slip earlier this year, prior to the COVID-19 hit, the weighted average asking rent for an apartment in San Francisco has dropped around 4 percent since the end of February to $3,950 a month, which is down over 7 percent... Read More »

Moratorium on Pandemic Related Evictions Made Permanent

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 does not forgive any past... Read More »

Asking Rents in San Francisco and Oakland Are Down

Asking Rents in San Francisco and Oakland Are Down

Having already started to slip earlier this year, prior to the COVID-19 hit, the weighted average asking rent for an apartment in San Francisco has dropped around 4 percent since the end of February to $3,950 a month, which is down over 7 percent on a year-over-year basis and... Read More »

Listings for Apartments in San Francisco and Oakland Jump

Listings for Apartments in San Francisco and Oakland Jump

Having slipped around 3 percent in the first quarter of the year, the weighted average asking rent for an apartment in San Francisco is currently holding at around $4,000 a month, which is around 3 percent cheaper than at the same time last year and 10 percent below a... Read More »

141 Below Market Rate Modular Studios Even Closer to Reality

141 Below Market Rate Modular Studios Even Closer to Reality

As we outlined earlier this year: The ground for the 141-unit modular development to rise on Mission Bay South Block 9, adjacent to San Francisco’s new Public Safety Building and across the street from Phase 2 of the Giants’ massive Mission Rock development, is tentatively slated to be broken... Read More »

Asking Rents in San Francisco and Oakland Drop, Listings Up

Asking Rents in San Francisco and Oakland Drop, Listings Up

Having already started to slip earlier this year, prior to the COVID-19 hit, the weighted average asking rent for an apartment in San Francisco dropped around 2 percent in March to $4,000 a month, which is around 1 percent lower on a year-over-year basis and 10 percent below its... Read More »

Reports of Illegal Airbnb-ing Back on the Rise in San Francisco

Reports of Illegal Airbnb-ing Back on the Rise in San Francisco

While the number of formal complaints related to illegal short-term rental activity in San Francisco had been on the decline since the second quarter of 2016, following the passage (and eventual enforcement) of San Francisco’s short-term rental law, said decline came to end in the second quarter of last... Read More »

Asking Rents in San Francisco and Oakland Slip

Asking Rents in San Francisco and Oakland Slip

While the weighted average asking rent for an apartment in San Francisco ticked up in January, it has since slipped a percent to $4,100 a month and is now running around two (2) percent lower on a year-over-year basis and 8 percent below its 2015-era peak of around $4,450... Read More »

Below Market Rate Modular Studios Closer to Reality

Below Market Rate Modular Studios Closer to Reality

The ground for the 141-unit modular development to rise on Mission Bay South Block 9, adjacent to San Francisco’s new Public Safety Building and across the street from Phase 2 of the Giants’ massive Mission Rock development, is tentatively slated to be broken this June. If everything goes as... Read More »