San Francisco, CA, is known for its stunning bay views, colorful neighborhoods, and hilly landscape. With an average rent of $3,593 for a one-bedroom apartment, San Francisco is a city that attracts renters from all walks of life. If you’re looking to rent an apartment in San Francisco, and are curious about the most expensive neighborhoods, then you’re in the right place. Read on to find out what areas made the list.
6 Most Expensive Neighborhoods in San Francisco
From historic Presidio Heights to trendy Mission Bay, there are plenty of amazing neighborhoods in San Francisco. Whether you’re looking for a luxurious home to rent in San Francisco or wondering where to live in the city, we’ve got you covered.
1. Presidio Heights
2. Rincon Hill
3. South Beach
4. Mission Bay
5. South of Market
6. Dog Patch
Let’s jump in and see what these neighborhoods have to offer.
1. Presidio Heights
Average 1-bedroom rent: $4,500
Apartments for rent in Presidio Heights
Stylish Presidio Heights is the most expensive neighborhood in San Francisco, with an average rent for a one-bedroom unit coming in at $4,500. There are plenty of reasons why this neighborhood draws residents. The tree lined streets showcase stately historic mansions. Residents of Presidio Heights have prime access to all the beauty and recreational activities of Presidio Park. The neighborhood is near attractions like the Golden Gate Bridge, the Full House House, and Lyon Street Steps making it a prime location to explore the city. The area also has views of the Golden Gate Bridge, making apartment views stunning. If you’re looking for a taste of the neighborhood, there are a variety of local restaurants such as Spruce to explore, showcasing San Francisco’s food scene.
2. Rincon Hill
Average 1-bedroom rent: $4,177
Apartments for rent in Rincon Hill
Rincon Hill is a bustling area south of downtown San Francisco. This beautiful neighborhood is near major attractions like the Embarcadero and Oracle Park, where the San Francisco Giants play. Rincon Hill is well-known for its green spaces like Rincon Park and the charming shops and cafes along the streets. Many homes in this area offer stunning views of the Bay Bridge and it’s a convenient spot for renters who frequent Oakland. The average rent for one-bedroom apartments is $4,177, which is about $600 above the city’s average, making it a pricier neighborhood. However, residents say that Rincon Hill’s charm and amenities are well worth it.
Learn more about the Rincon Hill neighborhood in San Francisco.
3. South Beach
Average 1-bedroom rent: $3,841
Apartments for rent in South Beach
With an average one-bedroom rent of $3,841, South Beach is the third most expensive neighborhood in San Francisco. Before it was one of the most expensive neighborhoods, this area was home to warehouses, fishing boats, and steamships. Architecturally, South Beach has plenty of historic homes in Victorian and Edwardian styles, as well as properties with picturesque views. South Beach is near the waterfront, making it a convenient location for commuters. The neighborhood is extremely walkable and if you’re looking for a relaxing afternoon, you can find South Beach Park in the area.
4. Mission Bay
Average 1-bedroom rent: $3,743
Apartments for rent in Mission Bay
Just north of Dog Patch, Mission Bay is the next most expensive neighborhood. This neighborhood is known for it’s recent development, led in part by UCSF – Mission Bay. It’s also home to the Chase Center and Golden State Warriors. One of San Francisco’s newest neighborhoods, it’s a great spot for renters looking for a newer rental or condominium. The area is well served by public transportation, including the Muni Metro, Caltrain, and Central Subway. Mission Bay has a lot of shops and restaurants, reflecting San Francisco’s vibe.
Learn more about the Mission Bay neighborhood in San Francisco.
5. South of Market
Average 1-bedroom rent: $3,687
Apartments for rent in South of Market
Just about 1 mile from downtown, South of Market is a stellar neighborhood if you want to live close to downtown. Also known as Yerba Buena or SoMa, this area is perfect for renters who prefer to walk, bike, or take public transportation to get around San Francisco. Residents can walk to attractions like the Yerba Buena Gardens, SFMOMA, and the Museum of the African Diaspora. Foodies will love the dining scene here where Michelin starred restaurants mix with hole in the wall eateries. With a mix of newer high -rise apartment buildings and historic loft spaces, the rental housing options are numerous and the views of the city are gorgeous.
Learn more about the South of Market neighborhood in San Francisco.
6. Dog Patch
Average 1-bedroom rent: $3,597
Apartments for rent in Dog Patch
Located south of downtown, Dog Patch is the last neighborhood on our list. Dog Patch has a friendly atmosphere and community-feeling, with plenty of local cafes and restaurants along 3rd Street, such as Piccino. The neighborhood is full of beautifully preserved Victorian and Queen Ann houses, as well as historic industrial buildings that have been repurposed for lofts, shops, and restaurants. This area is one of the most walkable in San Francisco and is well served by public transportation, making it perfect for renters without a personal vehicle. Access to natural areas like Esprit Park, the waterfront, and the Potrero Hill is one of the reasons people are willing to pay a little extra to live here.
Learn more about the Dog Patch neighborhood in San Francisco.
Methodology: Whether a neighborhood has an average 1-bedroom rent price over the city’s average. Average rental data from Rent.com in March 2024.