Affordable
Expensive
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These days, finding an affordable place to live in the South of Market area can be challenging. Home prices in South of Market are now at a median cost of $1,157,112, lower than the San Francisco average of $1,183,621.
The average cost of rent is $2,873/mo in South of Market, primarily driven by the current value of real estate in the South of Market area. In South of Market, 70.55% of households rent, and 26.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South of Market is $13,279 per month. Households that rent pay about 21.63% of their income on rent here. South of Market’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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: less expensive homes
- Downtown San Francisco, San Francisco, CA: less expensive homes
- Financial District, San Francisco, CA: higher priced homes
- Chinatown-San Francisco, San Francisco, CA: higher priced homes
- Potrero, San Francisco, CA: higher priced homes
- Nob Hill, San Francisco, CA: equally priced homes
- Mission, San Francisco, CA: higher priced homes
- Western Addition, San Francisco, CA: higher priced homes
- Russian Hill, San Francisco, CA: higher priced homes
- Duboce Triangle, San Francisco, CA: higher priced homes
Neighborhoods with Similar Populations
- Chicago Lawn, Chicago, IL: less expensive homes
- Allapattah, Miami, FL: less expensive homes
- Germantown, Philadelphia, PA: less expensive homes
- Fresno-High, Fresno, CA: less expensive homes
- Fordham, Bronx, NY: less expensive homes
- Downtown Jersey City, Jersey City, NJ: less expensive homes
- Covina-Valley, Covina, CA: less expensive homes
- Flagami, Miami, FL: less expensive homes
- Coral Way, Miami, FL: less expensive homes
- Central East Denver, Denver, CO: less expensive homes
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