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Articles Recently Tagged: Bay Area Rents

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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 »

Asking Rents Inch Up in San Francisco, Slip in Oakland

Asking Rents Inch Up in San Francisco, Slip in Oakland

Having dropped a little over 5 percent at the end of last year, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, has since ticked up around 3 percent to $4,150 per month. That being said, the... Read More »

Asking Rents Slip in San Francisco, Nearing Peak in Oakland

Asking Rents Slip in San Francisco, Nearing Peak in Oakland

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, dropped a little over 5 percent over the past quarter to $4,050 per month. While an end of year drop is typical, keep in mind that the average... Read More »

Different Drivers Pushing Average Rents up in SF and Oakland

Different Drivers Pushing Average Rents up in SF and Oakland

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, has inched up to around $4,350 per month, which is roughly 2 percent above its mark at the same time last year and within a percent of its... Read More »