Having ended last year lower than where they started, asking rents for apartments in San Francisco inched up 1.1 percent over the past month but remain 1.3 percent lower versus the same time last year.
In fact, based on a comparison of roughly 2,500 listings, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments such as Avalon’s new complex in Dogpatch pictured above, is currently around $4,050 a month which is 9 percent below their peak in the fourth quarter of 2015 with the average asking rent for a one-bedroom now running around $3,400 a month having ticked down from around $3,650 back in late 2015.
