Mission Bay & SoMa (prime, ~$80/sqft/yr) is one of 6 San Francisco Class A submarkets we track.

  • Mission Bay & SoMa sits at prime tier.
  • Average rent $80/sqft/yr vs city average 78.
  • Compared submarkets: Transbay (trophy), Financial District (prime), Jackson Square (established).

Mission Bay & SoMa vs other San Francisco submarkets

Mission Bay & SoMa (prime, ~$80/sqft/yr) is one of 6 San Francisco Class A submarkets we track.

TL;DR

  • Mission Bay & SoMa sits at prime tier.
  • Average rent $80/sqft/yr vs city average 78.
  • Compared submarkets: Transbay (trophy), Financial District (prime), Jackson Square (established).

Side-by-side with peers

**Transbay** (trophy, $105/sqft/yr) — The trophy core anchored by Salesforce Tower. **Financial District** (prime, $75/sqft/yr) — The historic FiDi spine — Montgomery to California. **Jackson Square** (established, $70/sqft/yr) — Boutique HQ market in historic SF. **Mission Bay** (prime, $78/sqft/yr) — Life-sciences and tech campus belt south of SOMA. **South of Market (SOMA)** (trophy, $92/sqft/yr) — The post-2010 tech trophy spine.

Key facts

citySan Francisco
submarketMission Bay & SoMa
tierprime
averageRentLocal$80/sqft/yr
cityClassARentUsd$78/sqft/yr
cityVacancyPct31.5%

Frequently asked questions

What other submarkets compete with Mission Bay & SoMa in San Francisco?
Transbay, Financial District, Jackson Square

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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