Back in May, we showed you maps of the average rental rates for a one bedroom and two bedroom by neighborhood. Rental site Zumper created the map, and they’ve just released the latest edition. Sit down, dear readers, because as expected, rental rates are up from previous months. Overall median prices for a one bedroom and two bedroom are $2713 and $4075, a slight increase over June. South Beach has the most expensive one bedrooms at $3550 per month, with Russian Hill not far behind at $3450. At $1875 per month, the least expensive one bedrooms are in Bayview. The Outer Sunset isn’t far ahead at $1900. Like the last time around, a few notes:
– Zumper vets all the brokers, landlords and property managers who list on their site, which means they know how to change market rents. It also means that scammers don’t get listed on Zumper, so you’re not going to see a duplication or fake low priced rentals.
– Most units on the current market tend to be newer (read: no rent control) developments built post 1979, sine they experience more turnover. Those units are often renovated and have access to many more building amenities than their rent-controlled counterparts, making them more expensive.
