San Francisco Bay Area Rents & Trends
We try to update these charts as new quarterly data is available. Though asking rent data through Q2 2016 has not shown meaningful declines, information from rental agents, rental websites and even earnings predictions on Wall Street from big, investor-landlords suggest that, with the Bay Area economy cooling down and new apartment buildings coming on line, vacancy rates have increased and actual lease-rents in San Francisco and some other Bay Area markets have probably dropped in 2016 from all-time peaks hit in 2015. It is quite possible that asking rent changes would lag actual lease-rent declines in a changing market and if so, the changes should show up in future quarterly statistics. Actual lease-rent data is hard to pin down as it is not reported to MLS or county recorder offices like sales data is.
Note that some of these charts use average asking rents and
others median list rents, and that these 2 statistics are not identical, but
simply different ways of looking at general trends.
Long-term Trends in San Francisco Residential Rents
Trends in San Francisco, Oakland & Marin Rents
Rent Appreciation Rates
Average Asking Rents by Unit Size
San Francisco, Alameda & Marin Counties
& National Comparative Rents by County
Apartment List Rents, per Zillow
Average Rent per Square Foot Values
Percentage Changes in San Francisco Rents
Factors behind Rent-Rate Trends:
Population & New Housing Construction
San Francisco Commercial Lease Rate Trends
were made in good faith with data from sources deemed reliable, but they may
contain errors and are subject to revision. Statistics are generalities and all
numbers should be considered approximate.
© 2016 Paragon Real Estate Group