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San Francisco, CA Rental Guide

San Francisco's rental market has rebounded but is still below 2019 peaks. Rent control and just-cause eviction protections cover most pre-1979 multifamily buildings.

Population
808,437
Median rent
$3,450
Vacancy rate
4.2%

Market overview

AvalonBay, Equity, and a long tail of independent landlords own most of the inventory. The San Francisco Rent Board limits annual increases on covered units (~1.4% for 2026).

Top neighborhoods

  • SoMa: Class-A high-rises. Premium pricing.
  • Mission: Mix of small landlords and rent-controlled buildings.
  • Sunset: Mostly single-family and small multifamily.

Tenant law cheat sheet

California: AB 1482 caps annual increases statewide at 5% + CPI (max 10%) on covered units. Local SF rent control is stricter for pre-1979 buildings.

Companies operating in San Francisco