Categories
Rent

Exploring the Cost of Renting Apartments in San Francisco

San Francisco is among the most attractive cities for wage earners, entrepreneurs, and other professionals. Along with such, it also attracts great tourism opportunities. Such are the key reasons contributing towards an increase in the number of furnished apartments for rent San Francisco. But along with such the average rent for 2 bedroom apartments for rent San Francisco is also increasing. 

As of the available statistics, San Francisco is considered to be the 11th most expensive city in the USA. The availability of better employment and career opportunities has further led towards the improved cost of living and high competition in the real estate industry. There are several real-estate dealers and platforms in San Francisco that can help you find furnished apartments for rent San Francisco. 

Based on the current pricing trends in San Francisco it can be identified that the cost of living in the city is about 24% higher than the national average. But such a difference never had an impact on the city’s growth and offering opportunities. Also, it is being stated that a key reason for increasing rent is the lack of accommodation space in the city. Due to such approximately 57% of the renters in the city are identified to be rent-burdened. It means that to stay in the city or the locality, they are paying an amount that is over their budget. 

A basic calculation for rent that applies across the region is that your rent should not be more than one-third of your income. We at Raj Properties, understand such a concern and help you find apartments for rent in San Francisco under $2000. As of present, San Francisco has an average rent of $3,336 for a 736 sq. ft. apartment. However, such average declines with a decline in the apartment size. Hence, you can select a preferred apartment as per your needs from the list available on the Raj Properties website. 

Final Words

Raj Properties is a trusted and leading real-estate platform, that can help you find ideal furnished apartments for rent San Francisco. We have a network of landlords and renters, who help us locate the best properties with the best rental cost. Our listings include both the premium as well as apartments for rent in San Francisco under $2000. Even if you have specific 2 bedroom apartments for rent San Francisco requirements, you can check out our property listings.

Leave a Reply

Your email address will not be published. Required fields are marked *