A one-bedroom apartment at 245 Leavenworth St in San Francisco's Tenderloin neighborhood has been listed at $2,195 per month, approximately half the city's median one-bedroom rent of $4,060 to $4,180, according to a search of residential listings conducted by KRON4 and reported by the California Post.
San Francisco one-bedroom listed at $2,195, roughly half the city's median rent
A one-bedroom apartment at 245 Leavenworth St in San Francisco's Tenderloin neighborhood has been listed at $2,195 per month, approximately half the city's median one-bedroom rent of $4,060 to $4,180, according to a search of residential listings conducted by KRON4 and reported by the California Post.
KRON4 searched listings on Zillow and Apartments.com, limiting results to one-bedroom units that included at least one bedroom and a kitchen. The search excluded income-restricted units and shared or co-living spaces, and considered only units represented by management companies or real estate agents with verifiable contact information to screen out potential scam listings.
The listing at 245 Leavenworth St is managed by J. Wavro Associates. The unit includes hardwood floors and natural light but does not include laundry facilities or parking. No square footage was listed. A one-year lease is required, and pets are allowed with an additional $75 monthly pet fee.
The Tenderloin neighborhood, where the unit is located, ranks last for safety among San Francisco neighborhoods, according to Safemap, which reports elevated crime levels in the area. Safemap data cited in the source indicate that assault and battery account for 19.6% of criminal incidents in the Tenderloin, followed by drug offenses at 9.5%. The neighborhood has historically been associated with open drug use and a significant unhoused population. The source also notes the area carries high walkability, bikability, and public transit scores.
Zumper analysis cited in the source found San Francisco one-bedroom rents have risen 22.9% year over year, which the source attributes to limited housing supply and salary increases driven by an AI-sector expansion. The source states the median one-bedroom rent in San Francisco is nearly twice that of a comparable unit in Los Angeles.
A separate report from real estate platform Houzeo identified the ten most affordable cities in California based on median home value, median house rent, and cost of living relative to the state average. Central Valley cities dominated the list, with Porterville, Fresno, and Bakersfield ranked the top three; all three had median rents below $2,000, according to the source.
The California Post previously reported on small units in San Francisco described as micro studios, including a 64-square-foot listing in North Beach priced at $750 per month with a shared bathroom and no kitchen or sink, and a 70-square-foot unit in the same building listed at $800 per month.
- The source does not state whether the 245 Leavenworth St unit was still available at time of publication.
- The source does not provide the square footage of the listed unit.
- The source does not state the full security deposit or move-in cost requirements for the unit.
- The source does not specify the exact date of the Zumper analysis or the Houzeo report.
- The source does not indicate whether J. Wavro Associates responded to the California Post's request for comment.
- The source does not state the methodology Zumper used to calculate the year-over-year rent increase figure or the median rent figures, which differ slightly between two references in the source ($4,180 and $4,060).
Read the original at New York Post