COVID: Rents Falling Fast In San Francisco-Bay Area Cities Due To Pandemic

By Joe Vazquez, CBS San Francisco

December 28, 2020

SAN FRANCISCO (KPIX) – Rents continue to fall and disproportionately impact the San Francisco Bay Area housing market, according to a new study. Analysts at AdvisorSmith found that ten of the top 25 cities in the U.S. where rents are falling the most, are in the Bay Area, as compared year-to-year.

San Francisco is number 4 in the nation, after Odessa, TX (1); Midland, TX (2); and Williston, North Dakota (3).

Other Bay Area communities include Mountain View (5), Sunnyvale (6), Redwood City (8), San Mateo (11), Oakland (15) and San Jose (19).

Read more at CBS San Francisco