In the last quarter, the cost of renting a three-bedroom unit in San Francisco decreased. Meanwhile, the cost of renting studios, one-bedroom, and two-bedroom units remained relatively stable, with a slight increase likely due to the summer surge. San Francisco continues to attract young professionals with its vibrant nightlife and abundant entertainment options. Families seeking larger homes with three or more bedrooms are likely looking to the suburbs, which may explain the drop in the price of three-bedroom units. The median rent across all home types is $3,370.

Cupertino

Cupertino's highly rated schools, centralized Silicon Valley location, and reputation for safety attract both young families and single professionals. Rental trends in Cupertino have remained consistent, with a small decrease in the rental prices of studio and one-bedroom homes. The median rent across all home types in Cupertino is $4,130.

Sunnyvale

Over the summer, home prices in Sunnyvale increased slightly across all sizes. The cost of three-bedroom homes saw the most significant rise, possibly due to families moving when their children are on summer break. With downtown Sunnyvale continually growing, the city is becoming more popular among young professionals. The median rent for all homes in Sunnyvale is $3,499.

Apartment Options

HQ West SoMa SF

• Studio/1 bath
• Sq Ft: 392 sq ft
• Rent: $2,243

Savoy Sunnyvale

• 1 bed/1 bath
• Sq Ft: 689 sq ft
• Rent: $3,097

Hamptons at Cupertino

• 2 bed/2 bath
• Sq Ft: 1,093 sq ft
• Rent: $3,720

Fillmore Center SF

• 3 bed/2 bath
• Sq Ft: 1,108-1,204 sq ft
• Rent: $4,890