User:RahalMccall69

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Revision as of 23:52, 30 October 2014 by 27.153.162.191 (Talk)

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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.

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.


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.

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