Resources | Relocity

Bay Area market rental trends report

Written by Relocity | July 18, 2025

Over the past 3–6 months in San Francisco, rent prices have experienced a modest rebound. According to multiple market trackers, average rents rose roughly 2–4% year-over-year, and median rents climbed from around $3,200 in Q1 to approximately $3,430–$3,495 by mid‑2025. This uptick is largely driven by two key factors: resurgent demand as workers return to offices (especially among tech companies like Amazon, Google, Salesforce) and tight rental supply, with permit activity and new construction lagging significantly. As of mid‑2025, the current median monthly rent across the region is approximately $3,430.

Cupertino

Over the past 3–6 months, rents in Cupertino have shown a steady upward trend, with average prices increasing modestly across most unit types. Notably, 2- and 3-bedroom apartments saw the most significant growth, rising by approximately 4–6% since late 2024. This increase is largely driven by strong demand from tech professionals returning to on-site or hybrid work schedules and limited inventory in a high-opportunity school district and employment hub. As Cupertino remains a sought-after location for families and professionals alike, landlords are maintaining or raising rates in response to consistent leasing activity. As of Q2 2025, the median monthly rent in Cupertino is approximately $4,000.

Sunnyvale

Over the past 3–6 months, Sunnyvale's rental market has experienced a modest increase in average rents, with figures rising approximately 2–4% across most unit types. This uptick is primarily driven by strong demand from tech professionals returning to on-site or hybrid work schedules and limited inventory, particularly in high-opportunity school districts and employment hubs. As of July 2025, the median monthly rent in Sunnyvale is approximately $3,350, reflecting the area's continued desirability and competitive rental market.

Apartment listings

Below are some recent listing examples.

The Fillmore Center

  • Type: studio/1 bath

  • SF: 497

  • Cost: $2,510

L Seven

  • Type: 1 bed/1 bath
  • SF: 739 sq ft
  • Cost: $3,340

Windsor at Dogpatch

  • Type: 2 bed/2 bath
  • SF: 892
  • Cost: $5,097

Ventana Residences

  • Type: 3 bed/2 bath
  • SF: 1,017
  • Cost: $5,775

 

Sunnyvale

Prometheus Apartments

  • Type: Studio/1 bath 
  • SF: 416
  • Cost: $2,828

Live at Savoy

  • Type: 1 bed/1 bath 
  • SF: 796
  • Cost: $3,562 

Irvine Company Apartments

  • Type: 2 bed/2 bath 
  • SF: 944
  • Cost: $4,615

Prometheus Apartments

  • Type: 3 bed/2 bath 
  • SF: 1,274
  • Cost: $5,517

 

Cupertino

Main Street Lofts

  • Type: Studio/1 bath
  • SF: 608
  • Cost: $3,285 

Irvine Company Apartments

  • Type: 1 bed /1 bath
  • SF: 796
  • Cost: $3,596 

Prometheus Apartments

  • Type: 2 bed /2 bath
  • SF: 1,025
  • Cost: $4,054

Prometheus Apartments

  • Type: 3 bed /2 bath
  • SF: 1,245
  • Cost: $5,403

(Data sourced from Apartments.com)