Hanover Soma West
1140 Harrison St,
San Francisco, CA 94103
Studio - 3 Beds | $2,300 - $6,385
Rental Market Trends in San Francisco, CA
What is the average rent in San Francisco, CA?
$2,964/month
Average Rent
585 Sq Ft
Average Apartment Size
+2.5%
Increase in the Last Year
As of March 2025, the average rent in San Francisco, CA is $2,964 per month. This is 90% higher than the national average rent price of $1,557/month, making San Francisco one of the most expensive cities in the US. When you rent an apartment in San Francisco, you can expect to pay about $2,289 per month for a studio, $2,964 for a one-bedroom apartment, and around $4,052 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $5,604 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in San Francisco, CA?
In the past year, rent has increased by 2.5%, which averages out to $74 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in San Francisco, CA
Last Updated March 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
5%
$700 - $1,000/month
8%
$1,001 - $1,500/month
10%
$1,501 - $2,000/month
74%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most expensive neighborhoods in San Francisco?
Based on current rent prices, Lower Haight, Transbay and Rincon are the most expensive neighborhoods in San Francisco.
Neighborhood
Average Rent
Average Sq Ft
Which San Francisco neighborhoods have the most rentals available?
The neighborhoods in San Francisco with the most apartments available are South Of Market, Richmond/Western Addition and SoMa .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in San Francisco, CA?
Because the average rent in San Francisco is $2,964, you’ll want to make about $9,880 per month or $118,560 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in San Francisco, CA is 70.3% higher than the national average. Generally, housing in San Francisco is 182.1% more expensive than the national average, with rent falling between $2,289 - $5,604. You can expect to pay 22.5% more for groceries, 47.5% more for utilities, and 40.2% more for transportation.
How does San Francisco, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare San Francisco, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$2,001/month
$2,517/month
One Bedroom
$2,513/month
$3,207/month
Two Bedroom
$3,421/month
$4,278/month
Three Bedroom
$5,291/month
$6,389/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.