Golden Gate Bridge against a clear sky

Welcome to San Francisco, California, the Golden Gate City! Nestled on the coast of the Pacific Ocean, San Francisco is a city that's rich in history, culture, and innovation. It's a place where the Golden Gate Bridge stands tall against the blue sky, where cable cars scale steep hills, and where tech startups shape the future.  

Needless to say, living in such an exciting city often comes with a hefty price tag. If you're looking to enjoy the beauty and charm of San Francisco without breaking the bank, you’re in the right place. We’ve compiled a list to help you experience the best of the city while staying within your budget. 

The five cheapest neighborhoods in San Francisco in 2024 are:  

  • Nob Hill 

  • Lower Nob Hill 

  • SoMa 

  • Civic Center 

  • Lower Pacific Heights 

Nob Hill 

Nob Hill
Photo courtesy of Tower 737, San Francisco, CA

The historic neighborhood of Nob Hill is well-known for its old-world charm mixed with a sense of modern affluence. It's a place where elegant Victorian buildings stand shoulder-to-shoulder with modern apartment complexes. The area, known for offering stunning views of the city, is served by the city's iconic cable cars, providing a unique commuting experience. With several bus routes also available, getting around from Nob Hill is easy. 

Things to do in Nob Hill, CA 

Living in Nob Hill puts you within walking distance of some of San Francisco's most notable attractions. Visit the stunning Grace Cathedral, a neo-Gothic marvel that's as impressive as European cathedrals. For relaxation, head to Huntington Park, a tranquil oasis in the heart of the city. Dining and shopping options are plentiful along Polk Street, where you can find everything from high-end boutiques to cozy cafes. 

Lower Nob Hill 

Lower Nob
Photo courtesy of 229 Ellis St., San Francisco, CA
  • Average 1-bedroom rent in San Francisco: $$2,811/month  

  • Average 1-bedroom rent in Lower Nob: $2,495/month   

  • Median Home Value in Lower Nob: $548,000 

Just south of Nob Hill lies its low-key sister neighborhood, Lower Nob. This area is where the city's rich history meets modern life. Known for its lively nightlife and dining scene, Lower Nob Hill offers residents a taste of city living at a more affordable price point. With several bus routes and the Powell Street BART station nearby, commuting from Lower Nob is convenient.  

Things to do in Lower Nob, CA 

Lower Nob Hill is a foodie's paradise, with restaurants and bakeries offering cuisines from around the world. The neighborhood is also known for its music venues and bars, providing plenty of entertainment options. Residents shop by Union Square and attend concerts inside The Masonic, a massive mid-century-modern construction in the center of the neighborhood. Lower Nob Hill also hosts various street fairs and festivals throughout the year, celebrating the diversity and creativity of the community.  

SoMa 

SoMa
Photo courtesy of 50 Jones, San Francisco, CA
  • Average 1-bedroom rent in San Francisco: $$2,811/month  

  • Average 1-bedroom rent in SoMa: $2,611/month  

  • Median Home Value in SoMa: $615,000 

Located in the heart of San Francisco, SoMa (or South of Market) is a sprawling concrete jungle known for its tech companies, art galleries, and trendy loft apartments. With the Muni Metro and BART serving the area, residents have convenient access to all parts of the city. 

Things to do in SoMa, CA 

SoMa offers a variety of entertainment options, from upscale to lowkey. Visit the San Francisco Museum of Modern Art to explore contemporary and modern artworks. Explore Yerba Buena Gardens, an urban park with water features, art installations, and a historic carousel. For sports fans, Oracle Park, home of the San Francisco Giants, is a quick commute away. Foodies will enjoy trendy restaurants that dot the streets and the diversity of cuisine that is offered.  

Civic Center 

Civic-center
Photo courtesy of Prism, San Francisco, CA
  • Average 1-bedroom rent in San Francisco: $$2,811/month  

  • Average 1-bedroom rent in Civic Center: $2,542/month  

  • Median Home Value in Civic Center: $673,895 

Civic Center, located in the heart of the city, is where you'll find many of San Francisco's major government and cultural institutions. This neighborhood is a hub of activity, offering residents easy access to events, performances, and festivals. With several Muni lines and the Civic Center/UN Plaza BART station serving the area, getting around is hassle-free. 

Things to do in Civic Center, CA 

Civic Center is home to iconic landmarks like City Hall (built in 1915), the War Memorial Opera House, and the Asian Art Museum. The neighborhood also hosts the weekly Heart of the City Farmers Market, where locals can buy fresh produce and homemade goods. There is more to do in Civic Center than can be put on paper. From concerts to ballets to Broadway shows, this neighborhood is the perfect place for renters who want to make their living experience a cultural experience as well. To learn about the city on your own, take a free walking tour of Civic Center and City Hall, given by volunteers of the San Francisco Public Library.  

Lower Pacific Heights 

lower-pacific
Photo courtesy of Pine Properties LLC., San Francisco, CA
  • Average 1-bedroom rent in San Francisco: $$2,811/month  

  • Average 1-bedroom rent in Lower Pacific Heights: $2,600/month  

  • Median Home Value in Lower Pacific Heights: $1,600,000 

Situated just south of its upscale neighbor, Pacific Heights, Lower Pacific Heights offers an affordable alternative without compromising on charm or convenience. The neighborhood is served by several bus routes, making it easy to explore the rest of the city. 

Things to do in Lower Pacific Heights, CA 

Lower Pacific Heights is a walkable, quirky area that offers a variety of shopping and dining options throughout bright and buzzing Fillmore Street. The neighborhood is also home to Japantown, offering residents fresh, authentic sushi and a unique cultural experience. For those wishing to step back in time, the Bush Street-Cottage Row Historic District allows residents to explore Victorian homes dating all the way back to 1870.  

Make the Most of Your Move with Apartments.com 

Whether you're planning a short-term stay or looking to settle down, Apartments.com has the tools to help you find an affordable apartment easily. Navigate housing across neighborhoods with our customized search filters. Once you find the perfect location, narrow the search to a price range that works for you. 

No matter your budget, the options are endless with Apartments.com. Ready to get started? Pay less, live more, and rent on. 

*Apartment rent data provided by CoStar Group’s January 2024 reports. 

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Sarah Catherine Fordham

Hi! I'm Sarah Catherine, a Content Writer for Apartments.com. When I'm away from the keyboard, you can find me sipping at the nearest coffee shop, window shopping downtown, or cheering on the Dawgs between the hedges.

Sarah Fordham 2023
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