The average monthly rent for a typical one-bedroom in San Francisco reached $3,745. Up 13% from the prior year and higher than about 97% of the national median. Nearly 60% of SF renters pay more than $3,000 per month. Real estate agents described the rental market as “tighter than it’s been in a long time,” with AI funding fueling the surge. New renters reported spending weeks in temporary housing or applying to dozens of units before landing something.