Sunday, May 22, 2016

More more more - renting in San Francisco

Home Sweet Home
An update to my March 27, 2016 blog posting on the exorbitant costs to rent in San Francisco.

When I last wrote, the rent I pay for a shared 2-bedroom, 2-bath house was about equal to the median rate for a 1-bedroom in San Francisco.

On June 1, 2016, that will no longer be the case.

Because the house I rent isn't eligible for rent control, my part of the rent goes up $225. So that my housemate and I don't get blindsided with additional rental raises, we signed another 1-year lease to lock in the rate.

Despite the 15% increase (San Francisco rent control is currently 1.9%), this Lakeside district house's rent is still much lower than the median rate for a 2-bedroom.

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