7 ms·
That is completely overshooting it. Rent in a safe area starts at $2k a month. At the 2.5% rule, that's 80k of income to qualify. If you network and land in
by combusean 13y ago
That is completely overshooting it. Rent in a safe area starts at $2k a month. At the 2.5% rule, that's 80k of income to qualify.
If you network and land in a rent controlled apartment (a friend of a friend has the 4th floor of a mansion in the haight for $900/month) you can do it for even less.
- lolwutf 13y agoMaybe more. A 1-bedroom in a building next door to the Mission Hotel - San Francisco's biggest SRO hotel, located in the Mission District - just went for $2800/mo. And the building isn't rent controlled.
- combusean 13y agoFor trendy neighborhoods like the Mission, yeah $2800 or more is the norm. I was talking about places like Sunset or Ingleside--not highly desirable, but not Hunters Point or the Bayview.