What is an Apartment?
An apartment is a dwelling unit within a building. It consists of a room or a number of rooms. It is often an architectural definition without regard to ownership.
The term also applies to any residential rental property in the market. This may include anything from condos and co-ops to single-family homes.
SF has the highest rental rate in the United States, with tenants paying an upwards of $3,000 for one-bedroom apartments.
Those who are financially well-off will find wonderful apartments in trendy areas like South of Market (SoMa) and Mission District. Others can bank on finding a roommate who already has a lease in one of the city’s older, rent-controlled apartment buildings. For apartments built before June 1979, landlords can only raise rental fees in accordance with inflation rates.
Summer is often the busiest time of the year when it comes to renting and signing lease agreements. Apartment hunting during the winter months is less competitive, and renters are more likely to land the apartment of their dreams.
Renters who show up early and have the right qualifications are more likely to get the apartment. Apartment hunters are advised to dress professionally and have their renter’s resume ready. They may be asked to produce their most recent pay stub, a credit report, a valid ID, and cash for the deposit.
