Two large metros with about 4.5 million residents each that have been dealing with a housing shortage for years, Boston and San Francisco — which are lower on the list with only 8,455 and 7,872 new apartments, respectively — are set to open in 2021.
San Francisco is among metros that are set to beat their own records, along with Tampa, FL; San Jose; Kansas City, MO; and Raleigh, NC. With an increase of at least 36% in the number of new units compared to last year, all of them are planning to deliver between 5,000 and 8,000 new apartments.
The 2021 rental season kicked off twice as strong as usual, with Gen Z and high-earning Millennials being the most active apartment hunters. In particular, New York City and San Francisco saw an astounding interest in apartments during the first half of 2021. San Francisco had the second-highest increase in renters moving in.
79% more people applied for rentals in San Francisco in the first half od 2021, compared to 2020.
In San Francisco, more renters moved out in 2020 than in previous years. At the same time, San Francisco’s average rent saw the fastest yearly decrease, plummeting to $3,055 after a 17.3% yearly drop. As remote work became more prevalent, apartments close to the hottest areas for San Francisco office space saw drops in demand.
San Francisco has been the second hottest city for Millennials in the last half-decade, with a 48.7% share of Millennials who applied for rent in SF. The epicenter of the U.S. tech boom, the Bay Area city had the second-fastest-growing incomes in the nation in the last 10 years (up 56.6%), so it continues to attract young professionals looking for prosperous employment and upscale living — despite being one of the priciest markets in the U.S.
San Francisco is at its most popular by far among New York Millennial renters (8.2%), likely because New York is the only city in the nation with a higher cost of living than the tech boomtown. San Francisco attracted its second and third largest shares of Gen Ys from fellow Bay Area hubs Mountain View (6.9%) and San Jose (5.9%).
In San Francisco, 77% of households are comprised of two parents.
Look for 4 bedroom apartments near me
Looking to upgrade to a 4 bedroom apartment in the same area? You can filter and browse for 4 bedroom apartments nearby and see what catches your eye in your neighborhood or your ZIP code. Still not quite satisfied with your options? You can expand your search to cover your entire city or even go state-wide. If staying close to places and people that complete your life is important to you, make sure to compare locations in addition to size, rent price and amenities of various listings in your area. And don’t forget to check out reviews from verified residents to see what others say about the property and its location near you.
The reasons for checking out 4 bedroom apartments nearby may vary from renter to renter, which shows how versatile this specific layout is. Maybe you’re looking to raise your children in the same area you grew up in. Or maybe you’re planning to move in with friends and still stay close to everything relevant to your clique’s interests. Maybe you just like sticking to what you know. Whatever the reason, RentCafe can facilitate your search for the right 4 bedroom apartment near you.
Frequently Asked Questions
What is the price of a 4 bedroom apartment in San Francisco, CA?
Renting a 4 bedroom apartment in San Francisco, CA
Once the idea gets inside your mind, you cannot unthink it: your current San Francisco apartment feels too small. Maybe you’ll soon be welcoming a new family member, or maybe the friend who used to crash at your place is becoming a permanent addition to your renter life. Perhaps you’re now able to work from home for an extended period of time and plan on creating your very own home office. Or the kids would benefit more from a separate study room where they can focus better. Maybe that study room can double as a toy room so that your place stops resembling a daycare. Whether you’re looking to upgrade from 2 or 3 bedrooms to a 4 bedroom apartment in San Francisco, CA, or simply want to trade your current 4 bedrooms for another spacious apartment, RentCafe is here to make the transition easier.
The more space, the better
With 53 4 bedroom apartments in San Francisco, there are enough spacious rentals perfectly suited for growing families or roommates. The best part is that all those rooms are not necessarily for sleeping! Turning one of the bedrooms into a guest room is often the go-to decision, but all that extra space comes with the perk of getting creative and making over other rooms. Whether you need the extra space for work or school purposes or want to make your game-room fantasy come true, a 4 bedroom apartment has all you need. Young professionals and college students looking for 4 bedroom apartments in San Francisco, CA can rest assured that there are many options that come with cool amenities in the location of their choice.
Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!