Markets › San Francisco
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San Francisco CA Apartment Market Read
Covers San Francisco, Oakland and Fremont.
Current market read
Landlord’s market
ConditionTight
The yearly data reads a landlord's market, and the monthly figures, asking rents and jobs are heating up further.
From public data. The situation now, not a forecast.
Renter Google searchabout 14,800 searches in August 2026 · HousesSee read → What renters Google mostHousesSee all →
Renter Google Search InterestGoogle · monthly
About 14,800 searches in August 2026, for San Francisco on its own
November is usually one of the quietest months for renter searches here.
Attention, not a verdict. Google searches for apartments to rent.
METROSGNL PRO
We watch San Francisco for you.
The day asking rent growth (now +13%) or job growth (now +0.3%) moves half a point, you get an email. Plus two years of history and the report.
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Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Asking rents are climbing (September 2026).
Job growthBLS · SEPTEMBER 2026, PRELIMINARY
+0.3%
▲ Hiring, past 12 months
Job growth · 12 months
Oct 2025 to Sep 2026, with Pro
VacancyCENSUS · 2024
Share of rentals sitting empty. A yearly count, last taken 2024, not what sets the condition.
Asking rentZILLOW · MONTHLY
$3,173 a month
September 2026, ▲ up 12.7% on September 2025
Data Provided by Zillow Group
Asking rent · 24 months
Oct 2024 to Sep 2026, with Pro
Census 2024: +1.6% · US avg +4.6%
Median rentCENSUS · 2024
$2,435/mo
Typical rent. A yearly count, last taken 2024
Median rent · 8 yearly counts
2016 to 2024, no 2020, with Pro
In the news · San FranciscoNEWS · DAILY
Latest local coverage, today. softer neutral firmer
SF voting on state housing matters this electionUDR beats Q3 estimates and raises guidance, after Apollo dealCalifornia Proposition 1 seeks to authorize state bonds for housing affordability programsView all 8 San Francisco news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs+0.3%
Migration 2025−6.4/1k
SUPPLY
Permits 2025+63%
Vacancy 20245.9%
Rent vs buyWEEKLY RATE · 2024 RENT
+$6,076/mo
Cheaper to rent than buying
rent $2,435 · own $8,511
$2,435RENT
$8,511OWN
Domestic migrationCENSUS · 2025
−6.4/1k
▼ More people left for other US places than moved in. A yearly count, last taken 2025.
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.