SFCED | San Francisco Center for Economic Development

What Glut? Renters Flock to New S.F Apartment Towers

The fruits of San Francisco’s historic apartment boom have finally hit the marketplace — and so far it seems there are enough hungry renters to go around.

From Mission Bay to Central Market to the Mission, about 1,500 new apartments have become available over the last two months. And while one must listen to partisan leasing/marketing folks with a bit of skepticism, all of the projects say leasing has been stronger than expected, with rents hitting $4.50 a square foot, or higher.

Read more: San Francisco Business Times What glut? Renters flock to new S.F apartment towers