Difference between revisions of "User:RahalMccall69"
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| − | + | Russian Hill just barely eked past South Beach as the most expensive one-bedroom rental in the city, 聽The northern neighborhood came in at a median rent of $4,000 a month for a one-bedroom unit versus South Beach鈥檚 $3,995 median. (A look at what you can get for around that price is above.) However, Russian Hill may not hold the title for long: South Beach one-bedroom rents were up 5.1% between August and September 2014, whereas Russian Hill, the Marina ($3,650) and Pacific Heights ($3,600) were all flat. | |
| − | + | Some higher-end neighborhoods actually saw rental prices decline during the same time period. Mission Bay/Dog Patch has a median price of $3,473 for a one-bedroom, but that鈥檚 an almost 3% decline. The neighborhood was down almost 8% in price per bedroom figures ($2,948 per bedroom) when all apartment sizes are taken into account鈥攖he biggest per bedroom month-over-month drop in the city. | |
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| − | + | The Castro also saw declining rents, especially amongst two-bedrooms; its $4,075 median for a two-bedroom apartment is down almost 17% month over month and the neighborhood is down 1% in per bedroom costs when all apartment sizes are taken into account. Hayes Valley was down over 6% for its one-bedrooms ($2,998) and more than 2% for its two-bedrooms ($4,395)聽but the neighborhood was up 6% in per bedroom prices overall鈥攐ne of the largest overall increases in the city鈥攊ndicating that perhaps larger units are gaining in popularity in the family-friendly area. | |
| − | + | Other neighborhoods seem to be getting more popular with singles. Telegraph Hill one-bedrooms were up nearly 17% month over month ($3,150) while its two-bedroom listings sank 1.2% to $4,200. Civic Center鈥檚 smaller units are also on the rise: one-bedrooms are up to a median of $2,800 (a nearly 8%) increase, making it more expensive than a one-bedroom in Bernal Heights ($2,650), the Mission ($2,500) and the Lower Haight ($2,395). | |
| − | + | Those prices are all below the median citywide for one-bedrooms, which at $3,200 a month was the highest in the nation, beating out even New York ($2,950). However, in a neighborhood-versus-neighborhood match up, the Big Apple still comes out on top. Rents in the Flatiron District, Tribeca and DUMBO all top $4,000 a month for a one-bedroom. | |
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| + | Emily Landes is a writer and editor who is obsessed with all things real estate. She also has a DIY problem that she blogs about at聽.<p>Related Articles:</p><ul><li><a href=http://www.buycelinebags.com/celine-cabas-bags-38>Celine Cabas Bags</a></li><li><a href=http://www.buycelinebags.com/celine-celine-wallets-39>Celine Wallets</a></li><li><a href=http://www.buycelinebags.com/celine-clasp-bags-40>Celine Clasp Bags</a></li></ul> | ||
Revision as of 23:52, 30 October 2014
@@@ Russian Hill just barely eked past South Beach as the most expensive one-bedroom rental in the city, 聽The northern neighborhood came in at a median rent of $4,000 a month for a one-bedroom unit versus South Beach鈥檚 $3,995 median. (A look at what you can get for around that price is above.) However, Russian Hill may not hold the title for long: South Beach one-bedroom rents were up 5.1% between August and September 2014, whereas Russian Hill, the Marina ($3,650) and Pacific Heights ($3,600) were all flat.
Some higher-end neighborhoods actually saw rental prices decline during the same time period. Mission Bay/Dog Patch has a median price of $3,473 for a one-bedroom, but that鈥檚 an almost 3% decline. The neighborhood was down almost 8% in price per bedroom figures ($2,948 per bedroom) when all apartment sizes are taken into account鈥攖he biggest per bedroom month-over-month drop in the city.
The Castro also saw declining rents, especially amongst two-bedrooms; its $4,075 median for a two-bedroom apartment is down almost 17% month over month and the neighborhood is down 1% in per bedroom costs when all apartment sizes are taken into account. Hayes Valley was down over 6% for its one-bedrooms ($2,998) and more than 2% for its two-bedrooms ($4,395)聽but the neighborhood was up 6% in per bedroom prices overall鈥攐ne of the largest overall increases in the city鈥攊ndicating that perhaps larger units are gaining in popularity in the family-friendly area.
Other neighborhoods seem to be getting more popular with singles. Telegraph Hill one-bedrooms were up nearly 17% month over month ($3,150) while its two-bedroom listings sank 1.2% to $4,200. Civic Center鈥檚 smaller units are also on the rise: one-bedrooms are up to a median of $2,800 (a nearly 8%) increase, making it more expensive than a one-bedroom in Bernal Heights ($2,650), the Mission ($2,500) and the Lower Haight ($2,395).
Those prices are all below the median citywide for one-bedrooms, which at $3,200 a month was the highest in the nation, beating out even New York ($2,950). However, in a neighborhood-versus-neighborhood match up, the Big Apple still comes out on top. Rents in the Flatiron District, Tribeca and DUMBO all top $4,000 a month for a one-bedroom.
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