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San Francisco's No. 1 rental-market ranking

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    San Francisco Overtakes NYC as Most Expensive Rental Market

    San Francisco passed New York on metro asking rent, but the $3,728 crown depends on the index — and a 2% vacancy rate explains the surge.

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    • San Francisco metro average asking rent hit $3,728, passing New York, with studios at $4,180 and two-bedrooms at $6,020.
    • Zillow measured metro rent at $3,372 in July, up 9.7% year over year versus 2.3% nationally.
    • San Francisco proper vacancy was 2% in August 2026 with the fastest post-pandemic rent growth nationally.
    • No single agreed rent level exists across vendors, and city-level versus metro-level rankings give different leaders.
    • Whether Zumper's city-level one-bedroom gap closes the final $200 and whether vacancy lifts above 2%.

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  • 270 Brannan St
  • 300 Howard St
  • Mission Bay
  • New York
  • San Francisco
  • SoMa