Rental market snapshot for Nob Hill, San Francisco
Nob Hill rental market summary
The rental market in Nob Hill, California has seen an increase in activity in the past year. In July of 2023, there were 226 new listings, a significant increase from the previous month. The median rent for the area has also seen an increase, rising from $3,000 in June of 2023 to $3,200 in July of 2023, a 6.7% increase. This is a larger increase than the 11.1% increase seen from July of 2022 to July of 2023. This suggests that the rental market in Nob Hill is becoming more competitive and that prices are rising.
Overall, the rental market in Nob Hill is becoming more active and prices are increasing. This could be due to an influx of people looking for rental properties in the area, or it could be due to a decrease in the number of available properties. Either way, it is clear that the rental market in Nob Hill is becoming more competitive and that prices are rising.
Median rent for all residential properties in Nob Hill
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The most expensive listings and top trending buildings in Nob Hill
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1534 Taylor St | $10,750 | 3 / 3.0 |
| 1244 Washington St | $10,500 | 2 / 2.0 |
| 1534 Taylor St | $10,350 | 3 / 3.0 |
| 1200 California St | $10,000 | 3 / 3.0 |
| 1310 Jones St | $9,000 | 3 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| AMC | $5,094 |
| Greystar Real Estate Partners LLC | $4,875 |
| RentSFNow | $3,695 |
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Bedroom Breakdown in Nob Hill
Nob Hill neighborhood apartments rents
The rental market for studios in Nob Hill, California is showing signs of growth. In July 2023, there were 8 new studio listings, representing an increase in the number of available units. The median rent for studios in July 2023 was $2,520, a 13.5% increase from the median rent in June 2023 of $2,220. This suggests that demand for studios in Nob Hill is increasing, and that landlords are able to raise their prices accordingly.
The rental market for 1-bedroom apartments in Nob Hill, California is showing signs of growth. In July 2023, there were 13 new 1-bedroom listings, a 21.4% increase in rent from June 2023 to July 2023, and a median rent of $3,745. This indicates that the rental market is becoming more competitive and that prices are increasing. As such, renters should be prepared to pay more for 1-bedroom apartments in Nob Hill.
The rental market for 2-bedroom apartments in Nob Hill, California is showing signs of stability. In July 2023, there were 7 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $3,895, a 2.5% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.