San Francisco Rental Market

Key Updates, Trends, and Insight for the San Francisco, CA Residential Rental Market

This comprehensive rental report provides an analysis of the San Francisco housing market for Q2 spanning from April 2024 to June 2024. It encompasses a wide range of property types, including single-family homes (SFH), condominiums, apartments, and townhomes across various neighborhoods. The focus is on properties with three bedrooms, regardless of the number of bathrooms, offering insights into trends that affect renters, landlords, and investors alike.


  • San Francisco Overall

    April - June 2024

    • Average Rent: $5,598
    • Median Rent: $5,195
    • 25th Percentile Rent: $4,305
    • 75th Percentile Rent: $6,891

    Insight:

    The rental market in San Francisco exhibits considerable diversity, with rental prices varying significantly across neighborhoods. The broad range between the 25th and 75th percentiles indicates a mix of housing options catering to different preferences and budgets.

  • Excelsior

    April - June 2024

    • Average Rent: $4,691
    • Median Rent: $4,500
    • 25th Percentile Rent: $3,847
    • 75th Percentile Rent: $5,534

    Insight: Excelsior's rental market shows moderate pricing and variation.

  • Bernal Heights

    April - June 2024

    • Average Rent: $4,171
    • Median Rent: $4,000
    • 25th Percentile Rent: $3,418
    • 75th Percentile Rent: $4,924

    Insight: Bernal Heights features consistent rental prices with moderate variation.

  • Noe Valley

    April - June 2024

    • Average Rent: $7,545
    • Median Rent: $7,500
    • 25th Percentile: $6,068
    • 75th Percentile: $9,022

    Insight: Noe Valley has higher rental prices with significant variation.

  • Glen Park

    April - June 2024

    • Average Rent: $6,168
    • Median Rent: $6,073
    • 25th Percentile: $5,424
    • 75th Percentile: $6,912

    Insight: Glen Park's rental market includes mid to high-range prices with noticeable variability.

  • SOMA

    April - June 2024

    • Average Rent: $9,633
    • Median Rent: $7,696
    • 25th Percentile: $7,164
    • 75th Percentile: $12,102

    Insight: Soma leads with the highest average rents and significant rent variability.

  • Russian Hill

    April - June 2024

    • Average Rent: $5,512
    • Median Rent: $5,248
    • 25th Percentile: $4,507
    • 75th Percentile: $6,517

    Insight: Russian Hill offers a mix of mid-range and high-end rental options with notable variability.

  • Richmond District

    April - June 2024

    • Average Rent: $6,025
    • Median Rent: $5,950
    • 25th Percentile: $5,005
    • 75th Percentile: $7,046

    Insight: Richmond’s rental market shows higher pricing with substantial variation.

  • Duboce Triangle

    April - June 2024

    • Average Rent: $6,212
    • Median Rent: $4,395
    • 25th Percentile: $4,000
    • 75th Percentile: $8,424

    Insight: Duboce Triangle features significant rental price variability.

  • Mission District

    April - June 2024

    • Average Rent: $4,825
    • Median Rent: $4,495
    • 25th Percentile: $3,439
    • 75th Percentile: $6,211

    Insight: The Mission neighborhood exhibits a broad range of rental prices.

  • Sunset District

    April - June 2024

    • Average Rent: $4,548
    • Median Rent: $4,548
    • 25th Percentile: $4,503
    • 75th Percentile: $4,593

    Insight: The Sunset maintains stable rental prices with minimal variation.

*Data based on information from Rentometer.com