Articles Recently Tagged: Bay Area Rents

(34 posts)
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 »

Price of Renting a Room Down 16 Percent from Peak

With the weighted average asking price of renting an apartment in San Francisco already down over 10 percent on a year-over-year basis and continuing to drop, the average price for renting “a room” in San Francisco has just slipped to under $1,600 month. For the purposes of our analysis,... Read More »

Big Landlord Ups the Concession Ante for Signing a New Lease

As we highlighted last month, offers of complimentary rent have been on the rise in San Francisco.  And with the weakness in San Francisco’s rental market accelerating, and Oakland now following suit, a big landlord is upping their rent concession ante while trying to maintain their advertised/base rents. And... Read More »

Weakness in San Francisco’s Rental Market Is Accelerating

Weakness in San Francisco’s Rental Market Is Accelerating

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 up and the number of apartments listed for rent in... Read More »

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 »

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 »

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 »

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 »