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The median rent for a one-bedroom apartment in San Francisco is $3,500 per month, according to real estate website Zumper's latest monthly report for November. In October, median rent for a one-bedroom was $3,670 per month, making this the first rent decrease to occur in a while - a decrease of 4.6 percent. However, San Francisco monthly rents remain astronomically high compared to other cities like Chicago and Washington, DC, which are $1,980 and $2,160, respectively.
In September, the story of expensive housing in San Francisco reached another "milestone" - median rent for a two-bedroom apartment hit $5,000 per month. But now median rent for a two-bedroom is $4,830, dropping $170. This could mean that rent in San Francisco is reaching a plateau - a plateau that remains extraordinarily high. On the extreme end, the city's most expensive rental on the real estate website Zillow is a three-bedroom penthouse in San Francisco's Four Seasons Hotel, located in the South of Market neighborhood, which is renting for $29,950 per month. San Francisco remains the most expensive city for housing in the United States.
full: http://www.truth-out.org/news/item/34031-with-soaring-rents-and-a-vanishing-middle-class-san-francisco-becomes-a-city-for-the-rich
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