San Francisco is a large city in the western part of the United States on the Pacific coast. The population of San Francisco is about 900,000 people. Today, San Francisco is the most expensive city in California, especially when it comes to prices for renting and buying real estate. Over the past year, renting apartments in San Francisco has risen in price by 5-8%. In this article, we look at the average rental prices for one and two-bedroom apartments in San Francisco as of November 2022. The average rental price for a one-bedroom apartment in San Francisco is $3,020 per month (+7.90% year on year), and for a two-bedroom apartment $4,060 per month (+5.20% year on year). Studios are the most affordable long-term rental housing. As of November 2022, the average price to rent a studio in San Francisco is $2,150 per month (+8% year-on-year).
The most expensive neighborhoods in San Francisco include South Beach ($3,580/month for one-bedroom apartments), Hayes Valley ($3,430/month) and Civic Center ($3,400/month).
The cheapest neighborhoods in San Francisco include Tenderloin ($2,120/month), Lakeshore ($2,365/month) and Central Richmond ($2,600/month).
The most popular neighborhoods in San Francisco include Downtown ($2,640/month) and SOMA ($3,290/month).