Apartments for Rent in SOMA, San Francisco, CA

SOMA, San Francisco apartment availability

SOMA's rental market offers a very strong selection of listings, with an average of 667 rentals available each month in 2024. The neighborhood's inventory is diverse, with a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these apartments cater to pet owners, with 74% allowing pets with some restrictions. This makes SOMA an attractive option for renters with furry friends. With its vibrant atmosphere and proximity to downtown San Francisco, SOMA is a popular choice for those looking for a lively urban lifestyle.

SOMA, San Francisco rental market trends

SOMA's rental market in 2024 has seen a slight decline in average rent prices, with a year-over-year decrease of 0.57% to $3,449 per month. However, this trend varies by bedroom count. One-bedroom apartments have experienced a 3.7% increase, averaging $3,412 per month, while two-bedroom apartments have seen a 1.75% increase to $4,342. In contrast, three-bedroom apartments have undergone a 9.57% decrease to $5,090, and studios have decreased by 2.3% to $2,712.

The most expensive month to rent in SOMA is August, with prices 10.12% higher than in November, the least expensive month. Renters looking for a deal may want to consider searching in November, when prices are lower and there is less competition. Overall, SOMA's rental market remains relatively stable, with modest fluctuations in rent prices throughout the year.

Why SOMA, San Francisco is a great place to live

SOMA is a top choice for renters prioritizing fitness and social living. According to 2024 data, apartments in SOMA often feature natural lighting, onsite gyms, and sports facilities, making it an ideal neighborhood for those committed to wellness. Additionally, the area's numerous restaurants, entertainment venues, and high safety rating contribute to its vibrant social scene. With convenient transit options and well-maintained street infrastructure, SOMA residents can easily get around and connect with friends, making it an excellent spot for those who value an active, social lifestyle.