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San Francisco multifamily rent growth sets the pace

Strong occupancy increase drives rents higher
CoStar Analytics
September 9, 2025 | 5:09 P.M.

Multifamily rent levels in San Francisco moved up in August, with the average monthly rent reaching a new high of more than $3,300. The annual growth rate of over 6% remains the highest among the major US markets, with a sizeable gap to the second-highest market, Chicago, at 3.75%.

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  • Properties
    • Quincy

      555 Bryant St, San Francisco, CA