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These days, finding an affordable place to live in the Downtown San Francisco area can be challenging. Home prices in Downtown San Francisco are now at a median cost of $993,936, lower than the San Francisco average of $1,183,621.
The average cost of rent is $1,636/mo in Downtown San Francisco, primarily driven by the current value of real estate in the Downtown San Francisco area. In Downtown San Francisco, 92.25% of households rent, and 42.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown San Francisco is $5,962 per month. Households that rent pay about 27.44% of their income on rent here. Downtown San Francisco’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Union Square, San Francisco, CA: equally priced homes
- Nob Hill, San Francisco, CA: higher priced homes
- Chinatown-San Francisco, San Francisco, CA: higher priced homes
- Western Addition, San Francisco, CA: higher priced homes
- South of Market, San Francisco, CA: higher priced homes
- Pacific Heights, San Francisco, CA: higher priced homes
- Russian Hill, San Francisco, CA: higher priced homes
- Duboce Triangle, San Francisco, CA: higher priced homes
- Financial District, San Francisco, CA: higher priced homes
- Cow Hollow, San Francisco, CA: higher priced homes
Neighborhoods with Similar Populations
- University Heights, Bronx, NY: less expensive homes
- East Reno, Reno, NV: less expensive homes
- Edgewater, Chicago, IL: less expensive homes
- El Rancho, Pico Rivera, CA: less expensive homes
- El Sereno, Los Angeles, CA: less expensive homes
- Far North, Columbus, OH: less expensive homes
- Far Northwest, Fort Worth, TX: less expensive homes
- Far West, Fort Worth, TX: less expensive homes
- Greater Memorial, Houston, TX: higher priced homes
- Harbor Gateway, Torrance, CA: less expensive homes
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