Two years ago we wrote a blog post called “The San Francisco Rent Explosion” where we made the earth-shattering observation that renting an apartment in San Francisco was really expensive. The following year, we updated the data and, as it turned out, San Francisco rents were even more expensive! Now, we bring you the latest data on San Francisco apartment rents as of June 2015.
San Francisco has always been a very expensive city, but the compounding effect of rents increasing substantially every year means that the housing market has reached a fever pitch. We told you it was expensive before back in 2014, but now, in 2015, it’s *way* more expensive. Unless you have a rent-controlled apartment or a very large salary, an obscene amount of your after-tax income will go towards housing.
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