
AI Hiring Spikes Drive San Francisco Rents Up 8.6% as Evictions Surge
San Francisco multifamily rents rose 8.6% through Q2 2026, the highest among major U.S. metros, driven by AI-driven hiring and a sharp drop in new housing supply. Eviction notices have increased 44%, prompting Mayor Daniel Lurie to declare a rent emergency and propose tenant protections.













