"There should be no more talk of a San Francisco exodus, as rents are spiking here more than anywhere in the nation, and apartments are leasing faster in SF than in any other city in the US. San Francisco went through a phase for the past couple years where we were the only major US metropolitan area where rents stayed below pre-pandemic levels, while the other cities saw their rents breaking the pre-pandemic ceiling."
"The Chronicle sifts through Apartment Lists's data, and finds that the average number of days a San Francisco apartment sits on the market before finding a taker is currently 20 days (that number was an average of 46.7 days as recently as January 2024). That's the shortest average days on market figure SF has seen since July 2019, when it was 18.2 days."
"That conclusion is backed up by another study published last month by Zumper, which KTVU reports showed that SF rents had increased by 13% between July 2024 and July 2025. That report also includes micro neighborhood data, showing the largest annual rent increases were in Hayes Valley (13.5% increase), South of Market (11.4%), Civic Center (10.9%) and South Beach (9.3%)."
San Francisco rent growth has accelerated, with rents rising faster than any other US metro during the past year. Apartment leasing speed has increased, and the average days on market has fallen from about 46.7 in January 2024 to roughly 20 days, the shortest level since July 2019 when it was 18.2 days. Reported year-over-year rent growth ranges around 12–13% between mid-2024 and mid-2025. Several neighborhoods show large increases, including Hayes Valley (≈13.5%), South of Market (≈11.4%), Civic Center (≈10.9%) and South Beach (≈9.3%). Rapid tech and AI hiring is a probable driver.
Read at sfist.com
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