San Francisco by the Bay — Rental Market Data

San Francisco by the Bay features 4 active listings as of August 31, 2026, with asking rents ranging from $2,400 to $2,800 per month, averaging $2,569 per month and a median asking rent of $2,537 per month. Active suites maintain an average square footage of 688 square feet and an asking rate of $3.82 per square foot. The inventory is heavily anchored by 1-Bedroom + Den configurations holding a 50 percent dominant share, reflecting an active inventory pool that leans toward compact entry-level layouts rather than sprawling multi-bedroom executive suites.

The dominant active layout at San Francisco by the Bay is the 1-Bedroom + Den, accounting for 2 active listings and a 50 percent inventory share with an average asking rent of $2,537 per month across an average of 650 square feet at $3.90 per square foot. Single 1-Bedroom suites represent a 25 percent share of active inventory, offering compact footprints averaging 550 square feet at an asking rent of $2,400 per month and a higher rate of $4.36 per square foot. Larger 2-Bedroom + Den options also comprise a 25 percent share through a single listing, commanding an average asking rent of $2,800 per month across 900 square feet at $3.11 per square foot.

San Francisco by the Bay presents an entry-level minimum asking rent of $2,400 per month and a peak asking rent of $2,800 per month, creating a dollar spread of $400 per month or a 16.7 percent spread. The median asking rent rests at $2,537 per month across the active pool. The entry-level price point is anchored by a 1-Bedroom layout spanning 550 square feet at $4.36 per square foot, while the peak asking rent is commanded by a 2-Bedroom + Den layout spanning 900 square feet at $3.11 per square foot.

San Francisco by the Bay commands an active den premium of $137 per month for layouts offering an additional 100 square feet of den space. This extra square footage translates to a marginal cost of $1.37 per square foot for the den space. Active parking stall premiums cannot be reliably isolated from current listings due to an insufficient paired sample.

San Francisco by the Bay asks an average of $2,569 per month at $3.82 per square foot, comparing against the Pickering submarket asking benchmark of $2,542 per month and $3.58 per square foot. The slightly higher nominal asking rent and rate per square foot are driven by compact suite sizing across the active inventory, with the building's asking rate per square foot standing 6.7 percent above the broader submarket benchmark while representing 17.4 percent of active submarket inventory.

San Francisco by the Bay achieves an average lease rent of $2,515 per month, comparing against an overall comparable average of $2,317 per month across key benchmarks such as San Francisco by the Bay II and Universal City Two. San Francisco by the Bay II (1215 Bayly St) reports an average lease rent of $2,438 per month at $3.31 per square foot across an average of 767 square feet. SF3 - San Francisco by the Bay 3 (1245-1255 Bayly St) records an average lease rent of $2,378 per month at $3.26 per square foot across 744 square feet. Universal City Tower 3 (1435 Celebration Dr) demonstrates an average lease rent of $2,209 per month at $3.31 per square foot across 676 square feet. Universal City Two (1455 Celebration Dr) posts an average lease rent of $2,241 per month at $3.53 per square foot across 654 square feet.

San Francisco by the Bay establishes its value proposition by delivering an average leased rate of $3.37 per square foot across a generous average suite size of 753 square feet, comparing favorably against submarket benchmarks. Renters evaluating San Francisco by the Bay against Universal City Two (1455 Celebration Dr)—which commands a higher rate of $3.53 per square foot across a smaller 654 square foot layout—benefit from a more economical rate per square foot and 99 more interior square feet. While newer towers like Universal City Tower 3 (1435 Celebration Dr, leased at $3.31 per square foot across 676 square feet) offer modern finishes, San Francisco by the Bay provides larger, traditional footprints that appeal to tenants prioritizing spacious floor plans over ultra-compact contemporary layouts.

San Francisco by the Bay delivers an extensive lifestyle and amenity package that matches or exceeds the offerings found across newer competing developments in the micro-market. The building features signature amenities including an indoor pool, a dedicated yoga studio, a hot tub and jacuzzi, a sauna and steam room, and a rooftop terrace. When contrasted with peer properties like San Francisco by the Bay II (which includes an indoor pool and yoga studio but lacks the subject's specific rooftop terrace configuration) and Universal City Tower 3 (which offers a pet wash station and fire pits alongside standard fitness spaces), San Francisco by the Bay maintains a comprehensive wellness and leisure program. This robust amenity suite particularly serves fitness-focused professionals and residents seeking resort-style common elements without paying peak premiums found in newer 2024 and 2025 completions.