[sb52191]

That is patently untrue. I live in Silicon Valley, a few miles from one of the big tech giants. I live in a 4 bedroom house (with three roommates) and our collective rent is $4200 a month. Rent is expensive, but $5,000 for a one bedroom is absolutely not the norm.

[gardnerbickford]

OP was talking SF, not the wider SV. That is a good rent though. That's 2009 SF prices. We were paying $4100 for four bedroom apartment back in 2009. That same apartment is going for double that now.

SF totally jumped the shark.

[fredophile]

I just took a look at Park Merced to see what apartments and townhomes are going for there right now. You can get 3 bedroom homes there for under $5000 a month. Is it a trendy neighbourhood? No, but it does meet the criteria of being in SF. I'm sure you could find similar deals in other non-trendy areas like the Outer Sunset if you take the time to look.

[TomMckenny]

Yeah, but Walnut Creek is the same travel time to downtown. And it gets more than 10 days of sunshine a year.

But even if my figure is wrong then it's only because I accidentally posted it from three or four years in the future. But I suppose it's good news that a one bedroom is only $40k a year rather than $60k. At the moment anyway. And if you made 100k, then it's only 2.5 times more than taxes and leaves you a full 40% of your salary to thrive on, so that's nice.

[sb52191]

I still disagree. 30 seconds on padmapper shows 3 houses north of South San Francisco (maybe this also doesn't count as SF but I think it should still fall in that category) https://www.padmapper.com/apartments/san-francisco-ca/4+beds...

[matchagaucho]

Possibly rent controlled. The Landlord could get $7K + month.