Median 1-Bedroom Rent In San Francisco Soars To Nearly $3,700 A Month |
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Median 1-Bedroom Rent In San Francisco Soars To Nearly $3,700 A Month
![]() SAN FRANCISCO (CBS SF) – Already known for outrageously high rents, the monthly rent in San Francisco has just hit a whole new level. According to the latest report from rental website Zumper, the median rent for a one bedroom has reached $3,690, up from $3,580 in January and breaking the previous record of $3,650 set last September. San Francisco’s median, the highest in the nation, is about 30 percent higher for a one bedroom in New York City, and more than double the rent in Miami. • ALSO READ: Some Bay Area Communities Centuries Away From Meeting Housing Goals The rental website noted that rents were rising before several tech companies are expected to file IPOs this year. “Though there may be a ton of cash flowing through the city and surrounding areas soon, many of these workers will not immediately invest in a home and may, instead, take their money to both travel and upgrade their rental situation,” the website said. Elsewhere in the Bay Area, San Jose’s median rent for a one-bedroom was $2,540 (5th highest in the country), while in Oakland it was $2,320 (9th highest). Connie Garske, an executive search recruiter for Silicon Valley companies, rents an 800 square-foot home in Pleasanton. Garkse says even she has explored moving out of the Bay Area just to keep up with rising costs. “I could even bump up the size of this place and move to the beach and have the kind of lifestyle, for less rent and easier lifestyle, “ said Garske. Meanwhile, the median rent for a two bedroom in San Francisco is a staggering $4,630 a month. Mountain View’s median rent for a one bedroom apartment is $3,450 a month. Emeryville’s is $3,050, Milpitas is $2,800 and San Jose is $2,500. According to Zumper, Redwood City had the fastest growing rent, increasing 15.5 percent since 2018. Palo Alto followed closely behind, with rent climbing 15.3 percent. Oakland came in third place after it saw a rent increase of 12.9 percent since 2018. Highest One Bedroom Median Rent Prices (Bay Area Locations in bold): San Francisco ($3,690 / month) Mountain View ($3,450) Emeryville ($3,050) New York City ($2,870) Milpitas (2,800) San Jose ($2,540) Boston ($2,390) Los Angeles ($2,330) Oakland ($2,320) Washington, DC ($2,150) Seattle ($1,970) San Diego ($1,910) Miami ($1,790) |
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I live in NY and I used to think it’s be damn near impossible to live here but I have my own place and maintain a decent life and don’t make anything crazy (20 minutes from midtown). You can make it anywhere if you know how to manage money, research and HUSTLE. At the end of the day you have to survive ANYWAY so why think about how expensive it is...just make more bread.
Don’t be fooled by the median rents, you can get a spot half the price if you just look and really figure it out. Yes it’s expensive but you pay for a lifestyle that you won’t get anywhere else. |
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if you willing to commute it’s not that expensive to live in California... ever since I moved to So cal from cen cal I’ve stay in the IE and I can’t complain about the rent I’m only 50 miles away from Disney land 60 away from LA.... 2k in the IE get you a luxury condo with at least 3 bedrooms and 1200..
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These cities all have something in common
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(Statute of liberty/ tower of effiel) San Fran is London (Golden gate/ London bridge) It's about tourism and proximity to the tech world Had to edit because of all the hate from nyers On a larger scale As a whole Ny is thought of as inner city while San Francisco is suburban Which would cost more to raise a family in? Ny Undercover vs Full House Last edited by Boxedin101; 11-20-2019 at 01:28 AM.. | |
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![]() My n*gga you had to just move here. Thats like a 2-3 hour drive to LA 6 days out of the week. | |
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![]() I've been thinking about leaving, but to be 100% honest, the rest of the country is mostly garbage. The only other place I can think where I can kinda live the same as I do in LA is NY, which is more expensive. | |
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You either rich or homless on cardboard box. Or Pay check away from being homeless I would live in Oakland if it was cheaper The town ❤ DC is lame and not worth stress lol Miami not too bad even if you live in the hood your literally bus ride from south beach. | |
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