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Articles Filed Under: Rentals

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Leasing Activity Inches Up, Vacancy Rate Down, in San Francisco

Leasing Activity Inches Up, Vacancy Rate Down, in San Francisco

We’ve been tracking the current occupancy and availability of 3,600 distinct apartments, spread across ten buildings in Hayes Valley, Dogpatch, Potrero Hill, Mid-Market, SoMa and the Transbay District, over the past four months. Having peaked at around 11 percent near the end of last year, which was nearly twice... Read More »

Average Tenant Buyout Was $45K in San Francisco Last Year

Average Tenant Buyout Was $45K in San Francisco Last Year

With a moratorium on evictions having been in place for most of last year, landlords in San Francisco inked a total of 333 legally recorded tenant buyout agreements, which was down from 365 inked agreements in 2019 and included a few deals which had been in the works since... Read More »

Rents Continue To Drop in S.F., Studios Hit an 11-Year Low

Rents Continue To Drop in S.F., Studios Hit an 11-Year Low

As we outlined last month, while the weighted average asking rent for an apartment in San Francisco was holding at around $3,100 a month, listing activity was actually inching up. And as we wrote at the time: “In other words, the current plateau in asking prices might represent more... Read More »

Eviction Moratorium Extended, Assistance Program Funded

The emergency bill to extend eviction protections for residential tenants affected by COVID-19 throughout California, which were slated to expire on January 31, 2021, has been inked by Governor Newsom. The amended COVID-19 Tenant Relief Act (SB-91) prohibits a landlord from evicting a residential tenant for non-payment of rent... Read More »

Asking Rents in Oakland HODL as Well, But…

Asking Rents in Oakland HODL as Well, But…

As we first outlined last week, while the weighted average asking rent for an apartment in San Francisco has been holding at around $3,100 a month, listing activity (i.e., availability) has inched up. And on a year-over-year basis, which takes into account seasonality, asking rents have actually continued to... Read More »

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 3,600 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, you can compare with the price of generic cialis, the weighted average... 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 »