San Francisco multifamily rent growth rebounds sharply as market tightens again

San Francisco’s multifamily market continued its strong upward trajectory in February, with rents accelerating as the city experiences one of its tightest supply–demand balances in years. The most recent data shows robust rent growth driven by solid renter demand, minimal new supply and a renewed surge in tech‑sector leasing, all of which underscore the market’s rapid recovery and its importance to investors watching for signs of sustained momentum.