Relocity insights

Get the latest global mobility trends and tips

Thanks for joining our newsletter.
Oops! Something went wrong.
By entering your email address, you agree to the terms included in our privacy policy.
min read

Bay Area Market Rental Trends Report

Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.

San Francisco has seen stable rental trends over the last year with only slight fluctuation for the summer surge. In the last quarter we saw studio, one- and two-bedroom homes stay consistent in pricing, while three-bedroom homes dipped slightly. We are still seeing a drop in the city’s housing demand which helps rental trends to stabilize. San Francisco is a popular destination for professionals who would like to take advantage of its culture and nightlife. The median home rent in San Francisco for all property types is $3,195.


Cupertino has not seen much change in the rental trends over the last year. In the last three months we have seen a small decrease in two-bedroom rentals while others stayed consistent. Cupertino is known for its highly rated schools, quiet neighborhoods and close proximity to tech giants which attracts families and young professionals. For all property types, the current median rent in Cupertino is $3,900.


Sunnyvale studio, one- and two-bedroom apartment prices have stayed steady over the last 12 months, where we have seen a slight decrease in three-bedroom units within the last quarter. With a lively downtown and access to public transportation, Sunnyvale remains a popular destination for relocation. The median home rent in Sunnyvale is $3,050 for all property types.

Apartment Options

Jasper SF

  • Studio/1 bath
  • Sq Ft: 603 sq ft
  • Rent: $2,814

Biltmore Cupertino

  • 1 bed/1 bath
  • Sq Ft: 701 sq ft
  • Rent: $3,156

Alta Potrero

  • 2 bed/2 bath
  • Sq Ft: 1087 sq ft
  • Rent: $4,647


  • 3 bed/2 bath
  • Sq Ft: 1276 sq ft
  • Rent: $4,728


Relocity is reimagining the global mobility experience to help companies attract, retain, and engage talent. Learn more about our solutions at