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San Francisco Rent Spike Exposes Gaps in Rent-Control Laws

8/21/2026, 10:38:39 PM

A Family’s Sudden Rent Jump

Ashley and Zach Waldman moved into a two-bedroom unit in the Outer Richmond district in 2021, paying $3,695 a month. In June, a notice taped to their door announced a new rent of $7,000—nearly double the previous amount—forcing the couple to leave the home where their son Henry had been raised. The Waldmans said the increase left them with no real option and described the experience as “heartbreaking.”

Legal Loopholes That Permit Large Increases

The Waldmans’ unit is a condominium built in 1996, so it falls outside San Francisco’s 1979 rent-control ordinance, which only covers pre-1979 buildings. California’s Tenant Protection Act of 2019 caps rent hikes at 5% + local cost-of-living (or 10%, whichever is lower) for buildings older than 15 years, but exempts most single-family homes and condos unless the owner is a corporation, REIT, or an LLC with a corporate member.

Rental Market Data

Zillow data shows average two-bedroom rents in San Francisco have risen 35% since last August, reaching $6,300 per month. Overall average rents for all unit sizes are up 28% to about $4,500, with an additional $500 increase reported since June.

Tenant-Rights Advocate’s View

He explained that the exemption was intended for small “mom-and-pop” landlords but can also apply to individual investors who own multiple properties. Popal warned that such unchecked hikes are “hollowing out” the city and pushing teachers, artists, and other working families out of San Francisco.

Verbatim Quotes

  • “We're both from the Bay Area. I was raised in San Francisco,” — Zach
  • “I just always wanted to, you know, continue to live here and raise a family,” — Ashley
  • “There was just a notice taped on our door,” — Ashley
  • “It doesn't feel like we are really protected as tenants,” — Ashley
  • “And that's the feeling pretty much I've been feeling. It's heartbreaking,” — Ashley