Rental market snapshot for Downtown, San Francisco
Downtown rental market summary
The rental market in Downtown, California is showing signs of improvement. In July 2023, there were 334 new listings, which is a 6.3% increase from the previous month. This is a positive sign for renters looking for housing in the area. The median rent in July 2023 was $2,600, which is 5.5% higher than it was in July 2022. This indicates that the rental market is becoming more competitive and that prices are increasing.
Overall, the rental market in Downtown, California is looking up. With more listings and higher prices, renters have more options and can find a place that fits their budget. The increase in median rent is a sign that the market is becoming more competitive, and that landlords are able to charge more for their properties. This is good news for renters looking for housing in the area.
Median rent for all residential properties in Downtown
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The most expensive listings and top trending buildings in Downtown
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1285 Sutter St | $6,394 | 3 / 2.0 |
971 Eddy St | $6,188 | 2 / 2.0 |
100 Van Ness Ave | $5,800 | 2 / 2.0 |
830 Eddy St | $5,768 | 2 / 2.0 |
55 Page St | $5,200 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Emerald Fund Inc. | $3,950 |
Sentral | $3,527 |
SRG Residential | $3,412 |
GIG | $3,265 |
Cushman & Wakefield | $2,962 |
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Bedroom Breakdown in Downtown
Downtown neighborhood apartments rents
The rental market for studios in Downtown, California is showing signs of growth. In July 2023, there were 28 new studio listings, representing a 6.4% increase in median rent from June 2023. The median rent for studios in July 2023 was $2,186, which is significantly higher than the median rent of $2,054 in June 2023. This indicates that the rental market for studios in Downtown, California is on the rise and is likely to continue to increase in the coming months.
The rental market for 1-bedroom apartments in Downtown, California is showing signs of stability. In July 2023, there were 48 new 1-bedroom listings, with the median rent remaining relatively unchanged from June 2023 at $2,895, a decrease of only .7%. This suggests that the rental market in Downtown, California is not experiencing any major fluctuations, and is likely to remain steady in the near future.
The rental market for 2-bedroom apartments in Downtown, California is showing signs of growth. In July 2023, there were 29 new 2-bedroom listings, a 9.3% increase in median rent from June 2023 to July 2023, and a median rent of $4,076. This indicates that demand for 2-bedroom apartments in Downtown, California is increasing, and that the rental market is becoming more competitive.