19 ms·

Not saying that 500k isn't more than adequate but $5000 is only a one bedroom now.

sb52191 7y ago
That is patently untrue. I live in Silicon Valley, a few miles from one of the big tech giants. I live in a 4 bedroom house (with three roommates) and our collective rent is $4200 a month. Rent is expensive, but $5,000 for a one bedroom is absolutely not the norm.
- matchagaucho 7y ago
  Possibly rent controlled. The Landlord could get $7K + month.
- gardnerbickford 7y ago
  OP was talking SF, not the wider SV. That is a good rent though. That's 2009 SF prices. We were paying $4100 for four bedroom apartment back in 2009. That same apartment is going for double that now. SF totally jumped the shark.
  - sb52191 7y ago
    I still disagree. 30 seconds on padmapper shows 3 houses north of South San Francisco (maybe this also doesn't count as SF but I think it should still fall in that category) https://www.padmapper.com/apartments/san-francisco-ca/4+beds/price-3300,4900?box=-122.69652,37.62397,-122.3041,37.81733 https://www.padmapper.com/apartments/san-francisco-ca/4+beds...
  - fredophile 7y ago
    I just took a look at Park Merced to see what apartments and townhomes are going for there right now. You can get 3 bedroom homes there for under $5000 a month. Is it a trendy neighbourhood? No, but it does meet the criteria of being in SF. I'm sure you could find similar deals in other non-trendy areas like the Outer Sunset if you take the time to look.
    - TomMckenny 7y ago
      Yeah, but Walnut Creek is the same travel time to downtown. And it gets more than 10 days of sunshine a year. But even if my figure is wrong then it's only because I accidentally posted it from three or four years in the future. But I suppose it's good news that a one bedroom is only $40k a year rather than $60k. At the moment anyway. And if you made 100k, then it's only 2.5 times more than taxes and leaves you a full 40% of your salary to thrive on, so that's nice.
seem_2211 7y ago
No it's not.
- deleted 7y ago
  [deleted]
wtvanhest 7y ago
That is definitely not true. Cheapest 2 beds in great areas in the city at 3.7k. If you want a nice place with wd in unit dishwasher etc. They are 4.5k. Only the new construction in soma is more than that.
hunter23 7y ago
Lol wut, I have a 2 bedroom in the most expensive city in the Bay Area (San Francisco) in one of the most popular neighborhoods in the city and my rent (not rent controlled) is 4300. You can get a 3 bedroom with that budget.

That is patently untrue. I live in Silicon Valley, a few miles from one of the big tech giants. I live in a 4 bedroom house (with three roommates) and our collective rent is $4200 a month. Rent is expensive, but $5,000 for a one bedroom is absolutely not the norm.

matchagaucho 7y ago
Possibly rent controlled. The Landlord could get $7K + month.
gardnerbickford 7y ago
OP was talking SF, not the wider SV. That is a good rent though. That's 2009 SF prices. We were paying $4100 for four bedroom apartment back in 2009. That same apartment is going for double that now. SF totally jumped the shark.
- sb52191 7y ago
  I still disagree. 30 seconds on padmapper shows 3 houses north of South San Francisco (maybe this also doesn't count as SF but I think it should still fall in that category) https://www.padmapper.com/apartments/san-francisco-ca/4+beds/price-3300,4900?box=-122.69652,37.62397,-122.3041,37.81733 https://www.padmapper.com/apartments/san-francisco-ca/4+beds...
- fredophile 7y ago
  I just took a look at Park Merced to see what apartments and townhomes are going for there right now. You can get 3 bedroom homes there for under $5000 a month. Is it a trendy neighbourhood? No, but it does meet the criteria of being in SF. I'm sure you could find similar deals in other non-trendy areas like the Outer Sunset if you take the time to look.
  - TomMckenny 7y ago
    Yeah, but Walnut Creek is the same travel time to downtown. And it gets more than 10 days of sunshine a year. But even if my figure is wrong then it's only because I accidentally posted it from three or four years in the future. But I suppose it's good news that a one bedroom is only $40k a year rather than $60k. At the moment anyway. And if you made 100k, then it's only 2.5 times more than taxes and leaves you a full 40% of your salary to thrive on, so that's nice.

seem_2211 7y ago

No it's not.

deleted 7y ago
[deleted]

wtvanhest 7y ago

That is definitely not true. Cheapest 2 beds in great areas in the city at 3.7k. If you want a nice place with wd in unit dishwasher etc. They are 4.5k. Only the new construction in soma is more than that.

hunter23 7y ago

Lol wut, I have a 2 bedroom in the most expensive city in the Bay Area (San Francisco) in one of the most popular neighborhoods in the city and my rent (not rent controlled) is 4300. You can get a 3 bedroom with that budget.