Hanover Soma West
1140 Harrison St,
San Francisco, CA 94103
$3,475 - $8,729 Total Monthly Price
Studio - 3 Beds
Rental Market Trends in San Francisco, CA
What is the average rent in San Francisco, CA?
$3,463/month
Average Rent
577 Sq Ft
Average Apartment Size
+10.9%
Increase in the Last Year
San Francisco, CA Rental Market Overview
The average rent in San Francisco, CA is $3,463 per month. This is 111% higher than the national average rent price of $1,645/month, making San Francisco one of the most expensive cities in the US.
- Studio apartments in San Francisco average $2,623 per month.
- One-bedroom apartments in San Francisco average $3,463 per month.
- Two-bedroom apartments in San Francisco average $4,788 per month.
- Three-bedroom apartments in San Francisco average $5,972 or more per month.
Data Updated: June, 2026
Floor Plan Type
Average Rent
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How much has average rent changed in San Francisco, CA?
In the past year, rent has increased by 10.9%, which averages out to $378 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in San Francisco, CA
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
5%
$700 - $1,000/month
7%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
75%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in San Francisco?
Based on current rent prices, Lakeside, Merced Manor-Parkmerced and Treasure Island are the most affordable neighborhoods in San Francisco.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in San Francisco?
Based on current rent prices, Rincon Hill, Rincon and Transbay are the most expensive neighborhoods in San Francisco.
Neighborhood
Average Rent
Average Sq Ft
Which San Francisco neighborhoods have the most rentals available?
The neighborhoods in San Francisco with the most apartments available are South Of Market, SoMa and Mission Bay .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in San Francisco, CA?
Because the average rent in San Francisco is $3,463, you’ll want to make about $11,543 per month or $138,516 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in San Francisco, CA is 63.6% higher than the national average. Generally, housing in San Francisco is 154.1% more expensive than the national average, with rent falling between $2,623 - $5,972. You can expect to pay 15.5% more for groceries, 49.4% more for utilities, and 41.3% more for transportation.
How does San Francisco, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare San Francisco, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.