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by lansing
5265 days ago
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That's not really accurate. If one insists on living in a new building with amenities, or in an ultra-yuppified neighborhood (e.g. Marina), then yes, the sky is the limit on rental costs and there are no bargains. If you're more flexible, then you can go a lot lower. My last 1BR (in SOMA, on a rough block but the apartment was perfectly nice) was $1100, and another 125 for parking. I have friends who have 1BR and studios in Tendernob, Panhandle, and other decent but less-popular places for around the same cost. Mainly it just takes patience and persistence to nab the deals when they become available. That said, living in SF on a total budget of 1500/month is going to take some compromises. |
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I haven't seen a rent like that in SOMA since 2008...at least, not anywhere that I'd consider safe. There are some bedbug-ridden firetraps in down near 6th, but there's a limit to what I'm willing to sacrifice for cheap rent. And I'm saying this as a guy who lives in a not-so-great part of SOMA....
Rents have gone up. Decent 1BR rents land at around $2,000, even in inconvenient/less-than-great locations. There seems to be this general delusion/denial trend regarding San Francisco rents, when they're easily verified by going to craigslist. It's an expensive place to live, and that's the greater point -- $70,000 isn't making anyone wealthy in San Francisco. It's enough to have a comfortable single-20-something lifestyle, and maybe put a bit of cash away for retirement if you live frugally.