San Francisco is a wonderful place to live – just ask renters in search of the perfect apartment in the city. With high demand and low inventory, SF has one of the most competitive rental markets in the United States.
What is an apartment?
An apartment is a dwelling unit within a building. It consists of a room or a number of rooms. It is often an architectural definition without regard to ownership.
The term also applies to any residential rental property in the market. This may include anything from condos and co-ops to single-family homes.
SF has the highest rental rate in the United States, with tenants paying an upwards of $3,000 for one-bedroom apartments.
Those who are financially well-off will find wonderful apartments in trendy areas like South of Market (SoMa) and Mission District. Others can bank on finding a roommate who already has a lease in one of the city’s older, rent-controlled apartment buildings. For apartments built before June 1979, landlords can only raise rental fees in accordance with inflation rates.
Summer is often the busiest time of the year when it comes to renting and signing lease agreements. Apartment hunting during the winter months is less competitive, and renters are more likely to land the apartment of their dreams.
Renters who show up early and have the right qualifications are more likely to get the apartment. Apartment hunters are advised to dress professionally and have their renter’s resume ready. They may be asked to produce their most recent pay stub, a credit report, a valid ID, and cash for the deposit.
Landlords can find the right tenants for their property by working with a reputable leasing agency in SF. Increase tenant retention and avoid the headaches that come with rowdy tenants. Ray Amouzandeh offers tenant placement services to make the leasing process easier. Call him at (415)494-7009 or send an email to SFHomez(at)gmail(dotted)com.
Best apartments in San Francisco
SF is a city of renters, and developers have rushed to meet the demand for housing by producing high-end apartment buildings in some of the city’s most iconic neighborhoods.
Some of the most coveted apartment buildings in the city include:
- NEMA (SoMa)
- Soma Residences (SoMa)
- The Paramount (SoMa)
- The Wilson (Mid-Market)
- Etta (Polk Gulch)
- Argenta (Polk Gulch)
- Jasper (The East Cut)
- Vara (Mission District)
- 2175 Market Apartments (Upper Market)
Some of these apartment buildings, such as Argenta and Vara, are pet-friendly.
These developments offer dwelling units in 1-, 2-, and 3-bedroom layouts. Oversized rooms, gourmet kitchens with custom cabinetry and quartz countertops, stainless steel appliances, and provisions for high-speed internet and cable TV are common features.
Amenities include state-of-the-art fitness centers, private spas, rooftop gardens, yoga studios, and dog runs.
These apartment buildings are conveniently located in SF’s most vibrant neighborhoods, bringing renters close to numerous dining, shopping, and entertainment options.
It should come as no surprise that these apartments attract the cream of the crop when it comes to renters – individuals who work high-powered jobs and who prefer the flexibility of renting to homeownership.
A leasing agency can help you conduct a thorough background check on applicants to help you find the best tenants in the market. Call Ray Amouzandeh today to get started.