San Francisco had fairly stable rents this month and continued to reign as the most expensive city in the nation. The price of one bedroom units dropped a slight 0.9% to $3,390, while two bedrooms grew 1.3% to $4,560.
While Outer Mission – Excelsior and Parkside had the fastest growing rents since last quarter, up 8.7% and 11.4% respectively, Lake Street and Haight Ashbury had the biggest rent dips, both down over 9%.
Though South Beach ($3,700), SOMA ($3,600), and Financial District ($3,550) were the most expensive neighborhoods to rent this fall, Castro, Telegraph Hill, and Pacific Heights followed closely behind as the next priciest areas. Mid-priced rentals, for around $3,100, could be found in Glen Park, Western Addition, and Nob Hill.
The most affordable neighborhoods had rent under $2,500 and included Outer Sunset and Tenderloin.
If you want to see how rents in San Francisco compare with the rest of the nation’s, view our National Rent Report for September, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, like or follow Zumper on Facebook, Twitter, and Instagram. In the market for a new place? Search all San Francisco apartments for rent on Zumper now.
For a more in-depth look into why and how we calculate our rental data, check out our methodology post here.
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