Apartments for Rent in Nob Hill, San Francisco, CA

Nob Hill, San Francisco apartment availability

Nob Hill's rental market offers a very strong selection of listings, with an average of 183 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these apartments offer desirable amenities, including hardwood floors, found in nearly half of the listings, and on-site laundry, available in over two-thirds of the rentals. Additionally, 45% of Nob Hill apartments are pet-friendly with some restrictions, making this neighborhood a great option for renters with pets.

Nob Hill, San Francisco rental market trends

Nob Hill's rental market is experiencing a slight downturn, with average monthly rents across all property types decreasing by 5.9% year-over-year to approximately $3,051. This trend is reflected in the average rents for specific bed counts, with 1-bedrooms seeing a modest 1.2% decrease to $2,920, 2-bedrooms decreasing by 2.9% to $3,980, and 3-bedrooms experiencing a more significant 11.6% drop to $5,251. Studio apartments have also seen a 6.2% decrease, now averaging $2,100 per month.

The most expensive month to rent in Nob Hill is April, with prices 7.4% higher than in November, the least expensive month. Renters looking for a better deal may want to consider searching during the winter months, when prices tend to be lower and there is less competition. Overall, Nob Hill's rental market is becoming slightly more affordable, making it a good time for renters to explore options in this desirable San Francisco neighborhood.

Why Nob Hill, San Francisco is a great place to live

Nob Hill is a top choice for renters prioritizing fitness and social living. According to 2024 data, apartments in the area often feature onsite gym equipment, and the neighborhood is dotted with gyms, yoga studios, and health food stores, making it easy to maintain an active lifestyle. Additionally, Nob Hill's street infrastructure, restaurant scene, and entertainment venues contribute to its vibrant social atmosphere, while its transit frequency and safety record ensure that getting around to meet up with friends is a breeze. Overall, Nob Hill offers an ideal blend of wellness and social opportunities, making it an attractive option for renters seeking a balanced lifestyle.