A Closer Look At NoPa's Rental Market

A Closer Look At NoPa's Rental MarketImages: Priceonomics
Nuala Sawyer
Published on August 16, 2014
A new study released by Priceonomics has broken down San Francisco's rental market by neighborhood, and the results are predictably shocking. Curious about where our neighborhood stands, we took a closer look at what they call "Panhandle" ("NoPa" terminology objectors, head over here to discuss). 
According to data collected between 2011 and 2014, median prices for 1-bedroom apartments north of the Panhandle have risen from $1,700 to $2,750 a month, a 62% increase. Ranked seventh on the list of of 36 San Francisco neighborhoods with the sharpest rent increases, NoPa has beaten out hot locations like Lower Haight, Noe Valley, and the Marina with rental increases. 

Despite the sharp rise in rent for 1-bedrooms, NoPa still ranks twentieth on the "most expensive neighborhoods" list overall:



Curious what this rental market looks like in "real life", we dug up some 1-bedroom apartment listings. Here are a few 1-bedroom spaces available in NoPa at the moment.


(Source: Craigslist)


(Source: Craigslist)


(Source: Craigslist)

Are these numbers surprising to you readers, or have they begun seeming reasonable? If you live in a 1-bedroom in NoPa, what was your rent like when you first moved into the neighborhood? Let us know if you've got thoughts.