San Francisco Apartment Data

San Francisco is the 12th largest multifamily market with 282,163 completed units and 146,255 units in development, 20,914 of which have already broken ground, as of September 2022.

San Francisco Multifamily Market Summary – September 2022

New lease asking rents are at $2,854, up 7.5%▲
from the previous year placing San Francisco at
94th overall in year-over-year rent growth.

San Francisco Multifamily Market Summary – August 2022

New lease asking rents are at $2,857, up 8.5%▲
from the previous year placing San Francisco at
94th overall in year-over-year rent growth.

San Francisco Multifamily Market Summary – July 2022

New lease asking rents are at $2,843, up 9%▲
from the previous year placing San Francisco at
97th overall in year-over-year rent growth.

San Francisco Multifamily Market Summary – June 2022

New lease asking rents are at $2,815, up 9.6%▲
from the previous year placing San Francisco
at 94th overall in year-over-year rent growth.

San Francisco Multifamily Market Summary – May 2022

New lease asking rents are at $2,750, up 8.6%▲
from the previous year placing San Francisco at
107th overall in year-over-year rent growth.

San Francisco Multifamily Market Summary – April 2022

New lease asking rents are at $2,725, up 8.8%▲
from the previous year placing San Francisco at
103rd overall in year-over-year rent growth.

San Francisco Multifamily Market Summary – March 2022

New lease asking rents are at $2,698, up 8.6%▲
from the previous year placing San Francisco at
101st overall in year-over-year rent growth.

San Francisco Multifamily Market Summary – February 2022

New lease asking rents are at $2,677, up 9%▲
from the previous year placing San Francisco
at 99th overall in year-over-year rent growth.

San Francisco Multifamily Market Summary – January 2022

New lease asking rents are at $2,669, up 8%▲
from the previous year placing San Francisco at
105th overall in year-over-year rent growth.

San Francisco Multifamily Market Summary – December 2021

New lease asking rents are at $2,647, up 6.7%▲
from the previous year placing San Francisco at
108th overall in year-over-year rent growth.