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San Francisco Apartment Rents See Further Gains

Average Rents Now 1% Above 2023 Peak

A cable car passes apartment buildings in downtown San Francisco. (CoStar)
A cable car passes apartment buildings in downtown San Francisco. (CoStar)

San Francisco continued its trend for solid gains in apartment rents in the second quarter of 2024, clocking month-over-month rent gains for four straight months.

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