SAN FRANCISCO - It's no surprise rent in San Francisco is expensive. What may surprise San Francisco residents is just how steep of a price increase rentals have seen in the last year.

New data from Zumper shows rental prices in San Francisco have surged by 13% since July 2024, nearly reaching the pre-pandemic average rate of $3,500.

An average one-bedroom apartment in San Francisco costs $3,400 per month, the highest rate since April 2020, the real estate company reports.

Before the COVID-19 pandemic, the average rate for a one-bedroom was $3,500.

For two-bedroom apartments, the rental hike in the last year is even higher at 16.3%, according to Zumper.

SF neighborhoods driving the price surge

Five San Francisco neighborhoods are driving the rental cost increase, according to Zump

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