If you're going to watch the Parade, Civic Center, Powell and Montgomery stations are all along the Parade route.
If you're marching in the Parade, Embarcadero Station is nearest to the formation areas. The easiest way to get to the Parade is via the Muni Metro Subway. This page contains information on how these street closures will impact Muni routes, how you can use Muni to get to the Parade, and how to use Muni to get around the Parade. Several streets will be closed and Muni will reroute several routes that serve downtown. The Parade starts at Market & Beale and ends at Market & 8th St, near the Pride Celebration at Civic Center Plaza. The San Francisco Pride Parade will take place on Market Street beginning at 10:30 a.m.