Our friends at Priceonomics are tracking just how hot the SF rental market is. They are calling it a rent explosion! Below are the updated averages for a 1bd in the City by the Bay, broken down by neighborhood and year-over-year.
The Changing Landscape of the City
Long time San Francisco residents will notice something strange in the above charts: historically inexpensive neighborhoods, especially downtown and the surrounding areas, are now some of the most expensive...Over the past year, rents have continued to increase, but not uniformly. Asking rents have increased tremendously downtown, mid-market, and in the southern part of the city that offers the shortest commutes to the South Bay.
