After Year Of Rising Prices, Rents Drop In San Francisco Over Past Month
While rental prices in San Francisco and the surrounding Bay Area have risen this past year, data shows a big drop in rents this past month.
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While rental prices in San Francisco and the surrounding Bay Area have risen this past year, data shows a big drop in rents this past month.
There was a time when the average cost of rentals in San Francisco soared over such other desired locations as New York City and Paris. But then the COVID pandemic struck and rents tumbled as remote workers fled to more affordable locales.
After more than a year of rent declines due to the COVID-19 pandemic, the cost of renting is once again on the rise in the Bay Area, according to a new report.
San Francisco Supervisor Dean Preston is introducing legislation Tuesday to cancel unpaid rent that small businesses accumulated while they were shut down because of public health orders.
The median rent of a 1-bedroom apartment in San Francisco is down nearly 25% from a year ago, a sign of how much the COVID-19 pandemic has impacted the Bay Area rental market.
Like thousands of other tech workers, William Hauser came to the San Francisco Bay Area from Ohio seeking a bright future in the epicenter of the digital world.
As COVID cases climb and the exodus from the Bay Area continues, rents are falling with some of the biggest declines are in the South Bay.
Rents in parts of the Bay Area continued to see massive declines during the COVID-19 pandemic, with the cost of a studio in San Francisco down more than 30 percent compared a year ago.
San Francisco remains the most expensive American city when it comes to renting a one-bedroom apartment, but the monthly hit to the pocketbook will continue to drop amid the exodus from the San Francisco Bay Area of remote workers searching for more affordable housing.
A welcome development for anyone renting in the hot Bay Area market: Rents are dropping slightly after years of steep increases.
There's a new twist to the Bay Area's crazy rental market. It seems rents are falling in San Francisco and Silicon Valley, but going up in towns like Petaluma and Concord.
Paying $1,800 a month in rent to share a bunk bed is hard to imagine anywhere but San Francisco. The people staying in them are not complaining. In fact, they apparently like it. But the real winner is the landlord.
Can't afford an apartment in San Francisco? So-called "co-creative housing" is offering a bunkbed and lots of company. But is it legal?
County leaders said the recent tech boom has brought more jobs to the area, and the demand for housing has skyrocketed.
The cost of renting an apartment in Northern California is rising more quickly than anywhere else in the country.
CEO Jeremy Stoppelman didn't seem disturbed as he sat down to discuss Yelp's evolution in the 10 years since he began working on a way for people to share recommendations about local merchants with Russ Simmons, a fellow engineer he met while working at PayPal.
A bill that would allow the city of San Francisco to limit the mass eviction of tenants in rent-controlled properties has squeaked through the state Senate after the author agreed to make changes.
According to a new report, rent across the Bay Area has reached record highs. The region has averaged nearly double-digit rises annually for the last three years.
San Francisco Mayor Ed Lee has come to the defense of the city's technology industry, saying the job growth in the tech sector should not be blamed for skyrocketing rents in the city.
15 million sq. ft. of office space has been leased in the region this year. Demand for office space seems to be driven by tech sector hiring.
A new report shows Bay Area rents - especially in the South Bay And Peninsula - are climbing quickly.
Four people suspected in a jewelry store heist in the East Bay city of Fremont last year have been indicted on federal charges, prosecutors said.
Officials in the city of Oakland on Wednesday announced the launch of more than a dozen speed cameras throughout the city, saying speeding drivers would initially be issued warnings.
A ruptured gas line in Alameda has prompted neighborhood evacuations and shelter-in-place warnings on Wednesday, authorities said.
The State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
Four people suspected in a jewelry store heist in the East Bay city of Fremont last year have been indicted on federal charges, prosecutors said.
Officials in the city of Oakland on Wednesday announced the launch of more than a dozen speed cameras throughout the city, saying speeding drivers would initially be issued warnings.
A ruptured gas line in Alameda has prompted neighborhood evacuations and shelter-in-place warnings on Wednesday, authorities said.
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
The City of San Jose says an RV parking area, on Santa Clara VTA property near a city-sanctioned RV safe parking lot on the same site, is operating illegally and violates multiple city codes.
Supervisor Alan Wong attempted to get support for a ballot measure to reopen the Great Highway to vehicles, but that plan fell apart on Tuesday.
The announcement was tied to a press conference held earlier today, where Mayor Daniel Lurie stood alongside Vanderbilt University leaders to announce plans to open a full-time campus in San Francisco by 2027. Vanderbilt plans to take over CCA's current site.
After a few power outages last week, PG&E discovered gasoline was leaking into some of its electric vaults in Burlingame. The petroleum product came from a third-party source, according to a PG&E spokesperson,
Head coach Kyle Shanahan stated that the goal is for Warner to return "next week," referencing a potential NFC Championship Game if the 49ers were to advance past the Seattle Seahawks on Saturday.
Authorities on the Peninsula have arrested a man on probation on multiple charges after he allegedly stole copper wire from Caltrain tracks over the weekend.
Four people suspected in a jewelry store heist in the East Bay city of Fremont last year have been indicted on federal charges, prosecutors said.
Officials in the city of Oakland on Wednesday announced the launch of more than a dozen speed cameras throughout the city, saying speeding drivers would initially be issued warnings.
A ruptured gas line in Alameda has prompted neighborhood evacuations and shelter-in-place warnings on Wednesday, authorities said.
BART service is recovering after an equipment issue early Wednesday morning shut down service through a portion of Contra Costa County.
Draeger's Market first started in San Francisco in 1925, then expanded, opening the Blackhawk store in 2007.
The City of San Jose says an RV parking area, on Santa Clara VTA property near a city-sanctioned RV safe parking lot on the same site, is operating illegally and violates multiple city codes.
Isabella Roy is a store manager at Westfield Valley Fair Mall in San Jose. But over the last few months, she's become all too familiar with what it feels like when that mall suddenly turns chaotic.
Two cities in the San Francisco Bay Area are facing a lawsuit brought on by the Trump administration seeking to end their bans on natural gas in new buildings.
The two-alarm fire happened around 9 a.m. at a two-story apartment complex on the 500 block of Toyon Avenue.
The crash happened around 9 p.m. Friday on the 1700 block of Mission Street. According to police, a driver heading northbound hit a man who was crossing the street outside of a marked crosswalk.
A man serving life in prison for a deadly gang shooting in Southern California has died following an altercation with another inmate at a prison in Solano County, officials said.
One Clearlake family said, considering how long it took to stop the leak, they don't have a lot of faith in the district, and that when the cleanup is completed, they will be hiring an independent company to test the neighborhood wells before using the water again.
San Rafael plans to build a shelter for people who are homeless, about 70 small cabins, using a Housing First approach. The model is built on the idea that for people living on the streets and battling addiction, it's hard to get sober without a place to live.
Residents say that what could replace an empty office building, which sits off the 101 Freeway in San Rafael at 700 Irwin Street, will worsen already heavily congested traffic.
Police said a Clearlake man who was in Estrella's Market around 5:30 p.m. Monday, went outside, returned and shot a man. An employee in the store is believed to have been hit by a bullet that ricocheted.
Head coach Kyle Shanahan stated that the goal is for Warner to return "next week," referencing a potential NFC Championship Game if the 49ers were to advance past the Seattle Seahawks on Saturday.
The U.S. Trademark Office is rejecting the A's request to trademark the "Sacramento Athletics" name.
Tomas Hertl had two goals and three assists, Jack Eichel also scored twice and the Vegas Golden Knights beat San Jose 7-2 on Sunday night, ending young Sharks star Macklin Celebrini's points streak at 13 games.
Nickeil Alexander-Walker scored 24 points, Jalen Johnson contributed 23 points, 11 rebounds and six assists and the Atlanta Hawks beat the Golden State Warriors 124-111.
The Eagles were eliminated from the playoffs in a 23-19 loss to the 49ers in the wild-card round of the NFL playoffs Sunday at Lincoln Financial Field.
Four people suspected in a jewelry store heist in the East Bay city of Fremont last year have been indicted on federal charges, prosecutors said.
Officials in the city of Oakland on Wednesday announced the launch of more than a dozen speed cameras throughout the city, saying speeding drivers would initially be issued warnings.
A man serving life in prison for a deadly gang shooting in Southern California has died following an altercation with another inmate at a prison in Solano County, officials said.
Police said a Clearlake man who was in Estrella's Market around 5:30 p.m. Monday, went outside, returned and shot a man. An employee in the store is believed to have been hit by a bullet that ricocheted.
A man suspected in an Antioch shooting that injured an 11-year-old girl earlier this month has turned himself in to authorities, police said.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Defense Secretary Pete Hegseth says the Pentagon will start using Elon Musk's AI chatbot Grok. The word comes days after Grok drew global outcry for generating highly sexualized deepfake images.
Kaiser Permanente has reached a lawsuit settlement over alleged patient data breaches involving Kaiser websites and mobile applications, with members eligible to receive a payment from a $46 million settlement fund, the health care giant announced.
Nearly four years after an East Bay woman was victimized in a six-figure cryptocurrency investment scam, police said much of the money has been recovered.
Kaiser Permanente has reached a lawsuit settlement over alleged patient data breaches involving Kaiser websites and mobile applications, with members eligible to receive a payment from a $46 million settlement fund, the health care giant announced.
Several East Bay hospitals that serve Alameda County's most vulnerable residents have issued layoff notices to staff, citing major federal cuts to Medicaid that administrators say will significantly affect their finances.
Health officials in Sonoma County are urging the community to not eat and forage for wild mushrooms, following the poisoning death of a county resident.
This week, the U.S. Centers for Disease Control and Prevention (CDC) issued new vaccination guidelines and now, some western states are telling people they're too dangerous to follow.
FDA-approved semaglutide drug is the first GLP-1 pill for weight loss available in the U.S., according to drugmaker Novo Nordisk.
The State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
The FBI's search is part of a probe into a federal employee suspected of mishandling classified information, Attorney General Pam Bondi said.
After the meeting, Denmark's foreign minister said they're eager to work with the U.S. while respecting the "red lines of the Kingdom of Denmark."
Supervisor Alan Wong attempted to get support for a ballot measure to reopen the Great Highway to vehicles, but that plan fell apart on Tuesday.
The billionaire and philanthropist MacKenzie Scott donated $45 million to The Trevor Project, a nonprofit focused on suicide prevention and advocacy for LGBTQ young people.
Oasis nightclub announced plans to close six months ago. New Year's Eve was slated for the final performance. A last-minute, multi-million dollar donation turned the final curtain call into an encore performance.
A 16-year FBI employee has filed a lawsuit alleging he was fired last month because he had a Pride flag displayed near his desk.
A group of transgender members of the U.S. Air Force and Space Force forced to leave active duty under the Trump administration's policies say their benefits were revoked in a rare move.
California state Sen. Scott Wiener of San Francisco announced Wednesday that he is running for Nancy Pelosi's congressional seat next year.
The livestream unfolded with his team from LaRussell's garage, where he connected with fans through Instagram Live. During the broadcast, one woman shared that she was facing eviction. LaRussell covered the exact amount she needed to remain in her home.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
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The San Francisco Grateful Dead community is coming together after it was announced that one of the founding members, Bob Weir, has died at the age of 78.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
A road work crew ruptured a gas line in Alameda on Wednesday, prompting neighborhood evacuations and shelter-in-place warnings.
There is a battle in San Jose over a pop-up RV lot that city officials say is operating illegally at parking lot owned by Santa Clara VTA, right next to a city-sanctioned RV lot. Sooji Nam reports.
Expect another day of clear conditions in the Bay Area, with highs reaching the 60s on Wednesday. A Beach Hazards Statement is in effect for coastal areas through Thursday night. Jessica Burch has the forecast.
Amanda Hari reports on the political fight to reopen the Great Highway to vehicles. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
John Ramos reports on a sewage spill in Clear Lake. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
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Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
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