The average asking rent for an apartment in a building with at least 50 units in San Francisco ticked up to a record $3,623 per month in the third quarter of 2015, up 2.8 percent over the past three months but only (yes, only) 6.6 percent higher versus the same time last year.
Keep in mind that the average asking rent in San Francisco was 9.1 percent higher on a year-over-year basis in the second quarter of 2015 and 13 percent higher, year-over-year, in the first quarter of the year.
The average asking rent in San Francisco has increased 62 percent since 2009. And the average asking rent for a studio in San Francisco is now $2,976, according to Cushman & Wakefield.
credit: socketsite