San Francisco rents are now roughly 70% higher than those in Oakland, the largest difference in the better part of a decade.
The median rent for a one-bedroom home in San Francisco was an estimated $3,110 in December, more than a thousand dollars higher than the median of $1,830 in Oakland, according to rental website Apartment List. That was the largest gap between the cities since at least 2018, the furthest back the company’s data goes.
Data from property listing site Zillow, whose methodology generally produces higher estimates than Apartment List, indicates that typical asking rents in San Francisco last month were closer to 50% higher than those in Oakland. But that’s still the biggest gap in Zillow’s data since 2016…