San Francisco Apartment Rents Jump 25.2% in a Year to $4,682 as AI Boom Tightens Housing Market

San Francisco renters are absorbing some of the steepest increases in the country, with average rents up about a quarter over the past year according to Zillow data cited by Newmark, a pace Zumper and Apartment List figures confirm as AI-fueled hiring and capital collide with a thin construction pipeline.