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by teebs 1484 days ago
Rents are definitely down - or at least they were 1.5 years ago when I last moved. Before the pandemic, 1 bedrooms were usually at least $3500 and often $4000+. When I looked last January, there were decent places between $2500 and $3000. I emailed some landlords saying "is there any chance you could go lower" and they offered me free rent for 1-3 months. I ended up with a pretty good deal on a large one bedroom in the Mission.

Rents have gone up since then from my understanding, but they're still below what they were several years ago. https://www.zumper.com/rent-research/san-francisco-ca

2 comments

I have seen more 'For rent' signs in the last 3 or 4 months than I have in the last 15 years I've been living here. No idea how that translates to rent prices though.
Many buildings around us have not since raised their rents. Still bargains to be had.
$3000 a month for a modern building, good one bedroom? Not a studio.

In SOMA/Mission? That's genuinely somewhat affordable for tech workers.

You'd get a terrible studio in Manhattan for that, plus all sorts of fees.

San Francisco's reputation is letting itself down. The house price bubble must only be for 3BR family homes with a yard in San Jose/Palo Alto.