Median rents, rental comps, and market trends across 15 zip codes in San Francisco, CA.
Some of the highest rents in the country and tenant protections that could fill a law school textbook. The regulations are intense, the compliance costs are real, and people still line up to live here anyway. Understand both sides of that equation before you buy.
Median Asking Rent
$3,290
Rent Change (YoY)
+0.2%
Avg Days on Market
40
Active Rental Listings
1,706
Median List Price
$1,495,000
Average across 15 zip codes
ZIP | Median Rent |
|---|---|
| 94114 | $4,350/mo |
| 94116 | $4,250/mo |
| 94107 | $3,975/mo |
| 94117 | $3,695/mo |
| 94118 | $3,645/mo |
| 94110 | $3,595/mo |
| 94133 | $3,595/mo |
| 94122 | $3,500/mo |
| 94115 | $3,475/mo |
| 94103 | $3,300/mo |
| 94121 | $3,300/mo |
| 94112 | $3,050/mo |
| 94109 | $2,900/mo |
| 94102 | $2,495/mo |
| 94108 | $2,200/mo |
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| Unit Size | Median Rent |
|---|---|
| Studio | $2,495/mo |
| 1 Bedroom | $3,195/mo |
| 2 Bedroom | $4,250/mo |
| 3 Bedroom | $5,895/mo |
| 4 Bedroom | $6,550/mo |
Aggregated median across all San Francisco zip codes with available data.
| ZIP | Median List Price |
|---|---|
| 94133 | $1,950,000 |
| 94121 | $1,800,000 |
| 94114 | $1,795,000 |
| 94108 | $1,750,000 |
| 94115 | $1,750,000 |
| 94118 | $1,700,000 |
| 94122 | $1,500,000 |
| 94117 | $1,495,000 |
| 94116 | $1,299,000 |
| 94110 | $1,195,000 |
| 94112 | $1,180,000 |
| 94109 | $999,000 |
| 94103 | $950,000 |
| 94107 | $835,000 |
| 94102 | $695,000 |
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $2,050/mo |
| 1 Bedroom | $2,510/mo |
| 2 Bedroom | $2,990/mo |
| 3 Bedroom | $3,740/mo |
| 4 Bedroom | $3,960/mo |
Fair Market Rents are published annually by HUD for the San Francisco metropolitan area. Local housing authorities use these to set Section 8 voucher payment standards, typically between 90% and 110% of the FMR.
The median asking rent across San Francisco, CA is currently $3,290/month, based on active rental listings across 15 zip codes. Median asking rents have increased by +0.2% over the past 12 months.
Asking rents vary significantly across the city. ZIP 94114 has the highest median asking rent at $4,350/month, while ZIP 94108 comes in at $2,200/month.
Rental listings in the area spend an average of 40 days on market before being leased, suggesting a more tenant-friendly market.
The HUD Fair Market Rent for a 2-bedroom in the San Francisco metro area is $2,990/month. Current median asking rents are above the FMR, which is common in growing markets.
San Francisco is an extreme market in every way — extremely high rents, extremely limited supply, and extremely complex regulations. Tech drives the economy. The Marina, Pacific Heights, and SoMa are premium. The Sunset, Richmond, and Bayview are comparatively more affordable (though still expensive by any other city's standards). SF has some of the strongest rent control and tenant protections in the country — the Rent Board governs a lot of the housing stock, and Ellis Act evictions and owner move-in evictions have specific rules you need to understand. Remote work did cause some softening, and the market hasn't fully recovered to pre-pandemic highs in all neighborhoods. For landlords, SF can generate enormous income but the regulatory risk is real. Don't invest here without understanding the legal framework.
Want to look up rental comps and rent estimates for a specific property in San Francisco? PropMetrics lets you search any address and get detailed rental data instantly.
Get rent estimates, comparable rentals, and market data for any property in San Francisco, CA. Free to start.
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Fair market rent, Section 8, HUD... what does it all mean? A straightforward breakdown of how it works and why it matters.
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