The Bay Area rental market continues to heat up as availability has tightened and an increased number of units turn over in just 30 days or less.
Much of this activity can be seen in luxury housing in urban areas such as San Francisco’s downtown and SOMA districts, as well as the Historic Warehouse District of Oakland. These centrally located areas are offering an increased number of well-appointed rentals, which are averaging well over $2 per square foot, depending on amenities and overall square footage.
What’s more, as developers and current owners increasingly look to condo-convert their homes, we expect the rental market will only get tighter. As specialists in urban living, the Leasing Department at Urban Bay Properties can offer landlords and renters seasoned insight into this market. Contact them at 415.901.2769.
* * *
Table of Contents |
Next: Meet our new website, UbayP.com 
