San Francisco Bay Area Metro Report: March 2017

The Zumper San Francisco Bay Area Metro Report analyzed over 11,000 active listings in February across the 29 metro cities to show the most and least expensive cities and cities with the fastest growing rents.

Cities Ranked By Rent

MetrosSF.001

Most Expensive

San Francisco, Californie ranked as the most expensive city in the metro area with a $3,270 one bedroom median. Rent here was more than double the $1,617 state median.

Palo Alto, CA, a few hundred dollars behind first place, had a one bedroom median of $2,890.

Redwood City, CA was the third most expensive city with one bedroom units priced at $2,730.

Least Expensive

Vallejo, CA was the most affordable city to rent in the metro area. One bedroom rent here was $1,300, marking a nearly two thousand dollar difference between this city and San Francisco.

Santa Rosa, CA rent for one bedroom units settled at $1,400, making it the second least expensive city to rent.

Napa, CA followed closely behind with a $1,490 one bedroom median.

Yearly Growth Rate

MetrosSF.002

Fastest Growing

Petaluma, CA had the fastest growing one bedroom rents, up 15% since last year.

Concord, CA rents grew 14.6% since this time last year, making it the second fastest growing.

San Leandro, CA ranked right after Concord with a 12.5% yearly growth rate.

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Full Data

CityPriceM/M %Y/Y %PriceM/M %Y/Y %
Portland1340-0.0147058823529410.007518796992481316000.0062893081761006-0.0062111801242236
Hillsboro133000.03100775193798515000.00671140939597330.048951048951049
Lake Oswego12000.0526315789473680.008403361344537815000.020408163265306-0.0066225165562914
Tualatin1200-0.00826446280991730.100917431192661220-0.0393700787401580.025210084033613
Wilsonville11800.0535714285714290.08256880733944914200.0441176470588240.11811023622047
Happy Valley11400.0178571428571430.09615384615384614000.0526315789473680.11111111111111
Beaverton1090-0.01801801801801801300-0.0370370370370370
Milwaukie1050-0.0540540540540540.0512800.0406504065040650.13274336283186
Gresham10100.020202020202020.14772727272727113000.05607476635514
Oregon City9100.045977011494253-0.0912500.0080645161290323-0.015748031496063

About

The Zumper San Francisco Bay Area Metro Report analyzed over 11,000 listings that hit the market in February 2017. Listings are aggregated by city to calculate median asking rents.

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