At Modern Luxury, connection and community define who we are. We use cookies to improve the Modern Luxury experience - to personalize content and ads, to provide social media features and to analyze our traffic. We also may share information about your use of our site with our social media, advertising and analytics partners. We take your privacy seriously and want you to be aware that we have recently made changes to our Privacy Policy, which can be found here.


SF's Median Rents Top NYC's—Again

Scott Lucas | October 8, 2014 | Story Real Estate

Though San Francisco's home sales may have just peaked, our rentals aren't looking any better lately. In fact, for the second month in a row, the median price to rent an apartment in SF was higher than in any other major US city, according to a report by Zumper.

For the month of September, the median rent for a one-bedroom in San Francisco was $3,200. That's up 3.2% from August. The median for a two-bedroom was $4,200—up 3.7% in the same time frame. That puts San Francisco ahead of New York City for two months running. The median one bedroom there is $2,950 a month and the median two bedroom is $3,450. Rounding out the top five were Boston, Washington D.C., and Chicago.

A deeper, neighborhood-by-neighborhood look turns up some interesting findings. SF's top neighborhoods aren't as pricey as those in New York. A two-bedroom in the Flatiron in NYC goes for a median of $6,200 a month. Tribeca isn't much cheaper. In fact, those two, plus NoMad and NoHo (side note: We have no idea what those places are) are all more expensive than our toniest neighborhood, Cow Hollow. Overall, our most expensive neighborhoods don't differ much from New York—but thank to the outer boroughs' relative affordability, San Francisco as a whole comes out ahead. Good for us?

Have feedback? Email us at letterssf@sanfranmag
Email Scott Lucas at
Follow us on Twitter @sanfranmag
Follow Scott Lucas on Twitter @ScottLucas86


Photography by: