Top zip codes in San Francisco for new apartments

Over the last decade, developers completed nearly 22,000 apartments across San Francisco, offering renters modern living options in one of the world’s most dynamic economies. While the city remains a premium market, understanding where construction concentrated can help apartment hunters find the best combination of location, value, and lifestyle fit.

Which San Francisco neighborhoods added the most apartments?

Living in San Francisco offers a balance between the energy of a global tech hub and the beauty of a coastal city. The cost of living in San Francisco is about 16% higher than the California state average and 63% higher than the national average, underscoring the premium residents pay for access to its dynamic job market, cultural amenities, and urban convenience.

To help renters navigate this competitive market, we’ve identified the areas where new apartment development is most concentrated.

6,910 new apartments put zip code 94103 at the top of San Francisco’s construction list

Zip code 94103 added 6,910 new apartments, making it San Francisco’s most active area for new residential development. This expansive zip code covers the South of Market (SoMa) district, stretching from Market Street to Townsend and encompassing Yerba Buena and South Beach.

Transit options are among the city’s best, featuring multiple BART stations (Powell, Civic Center, Montgomery), Muni Metro lines, and numerous bus routes. Major employers include Salesforce, Meta, Uber, Airbnb, Dropbox, and Twitter/X, with the Financial District reachable in a five-minute walk. This area serves as the city’s tech and startup epicenter, offering high-rise living near major cultural institutions.

Zip code 94105 added 3,264 new apartments

Zip code 94105 gained 3,264 new apartments, reflecting continued vertical growth just south of the Financial District. The area encompasses Rincon Hill and portions of South Beach, where dramatic high-rise towers offer stunning views of the Bay Bridge. Transit service includes the Embarcadero BART station, Muni Metro’s F-Line historic streetcar, and several bus routes. Center City employment hubs are typically under a ten-minute walk away.

Residents are ideally positioned near major corporations like Salesforce, Google, and global banking institutions, law firms, and consulting companies clustered in the adjacent Financial District — providing a seamless commute for professional services workers.

3,122 new apartments expand housing options in zip code 94102

Zip code 94102 added 3,122 new apartments, increasing rental options in the heart of the city near major cultural landmarks. The zip code stretches across the Tenderloin and Civic Center areas, offering access to the Asian Art Museum, War Memorial Opera House, and Davies Symphony Hall.

Transit access is exceptional, including the Civic Center BART station, multiple Muni Metro lines beneath Market Street, and the Van Ness BRT. Major employers include Civic Center government offices, while tech jobs in SoMa are roughly 10–15 minutes away. This area offers a unique mix of cultural richness and more accessible housing stock compared to the waterfront.

Zip code 94107 delivers 2,598 new apartments

Zip code 94107 added 2,598 new apartments, placing renters in a rapidly transformed biotech and entertainment corridor. The zip code includes the southern portion of Mission Bay and sits within walking distance of Oracle Park and the Chase Center. The area benefits from access to the Muni T-Third light rail line and multiple bus routes.

Employment opportunities surround the zip code, with dense concentrations at the UCSF Mission Bay campus, various biotech companies, and medical research facilities. The neighborhood’s planned layout and waterfront parks attract life sciences professionals and those seeking a modern, organized urban environment with quick access to the city’s sports hubs.

2,054 new apartments grow zip code 94158’s inventory

Zip code 94158 added 2,054 new apartments, reinforcing its position as one of San Francisco’s newest residential destinations. The area covers northern Mission Bay, situated between the waterfront and the 4th and King Caltrain station. Residents rely on the Muni T-Third line and extensive bus service for city travel, while Caltrain provides a vital link for Peninsula commuters.

Major employers include UCSF medical facilities, pharmaceutical firms, and the Warriors’ Chase Center. The neighborhood is ideal for those working in healthcare or biotech, as well as tech workers commuting to San Mateo or Santa Clara counties, while remaining accessible to downtown within 15 minutes.

Top 5 zip codes for new apartments in San Francisco, CA

* Total new apartments completed between 2015 and 2025.

Source:
RentCafe.com analysis of Yardi data as of July 2025

San Francisco’s rental market remains busy and competitive as many tech workers return to the office, especially in areas like SoMa and Mission Bay. Discounts seen during the pandemic are mostly gone, and good apartments now draw strong interest from many applicants.

Most new housing is being built near transit lines and job centers, with ongoing projects in Mission Bay and smaller infill buildings in SoMa. Slow approvals and limited space to build keep supply tight and competition high across the city.

Methodology

RentCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the U.S.

This study uses data from 2015–2025, with the ‘past decade’ referring to this period.