Rents are already creeping back up. But the city’s reopening over the next several months suggests bigger increases are on the way.
As the city opens back up, will rent prices rise in turn?
One-bedroom rents are down nearly 25 percent in a year, and nearly 30 percent from their 2019 peak.
Rents are about 20 percent lower than a year ago and still declining, but the slide may be slowing.
With rents in “free-fall,” San Francisco becomes an outlier among major cities.
The city may have dropped overall, but rents in Bayview rose 11.5 percent in the past year.
The reason? Our City’s sky-high average income.
