|Specialty||# of Agencies|
|Single House or Condo||6|
|Home Owners Association||14|
|Total Local Companies||20|
The average rent for a 3 bedroom house in San Francisco, CA is $2,915.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.
San Francisco, CA Rental Market Overview
Due to its status as one of the country's most beloved cities, demand - and in turn, competition - for San Francisco rental properties has risen substantially in recent years.
Numerous analysts and real estate agents in the Bay Area can attest to the popularity of San Francisco and just how good the apartment market in the metro San Francisco has been since the housing crisis began.
Many are residents who chose to rent before the housing bubble burst because home prices were considerably high in San Fran. Now, those same residents are leasing because property values have sunk for a number of the cities' for-sale homes.
With more San Franiscans projected to rent in the coming years, property owners would be smart to employ the services of rental property management companies who have what it takes to smoothly and efficiently run the day-to-day operations at rental properties citywide.
Rental Market at a Glance
|2013 Averages||San Francisco||US|
|Rent, 3 bedroom||$2,688||$1,350|
San Francisco, California (population: 4,455,560) reached its lowest vacancy rate of the last three years during the first quarter of 2012 at 3.6% but has since risen to 5.6% for the first quarter of 2013. The median home price has risen since 2010 from $2,463 to $2,688 in 2013. The median family income is currently $72,900 and the median home price is $735,000.
Vacancy rates and population estimates taken from census.gov/housing