A San Francisco-based company that touts itself as a “wildly ambitious startup” tackling the issue of finding homes for renters has released its latest study that finds San Diego’s rental properties are the 12th most expensive in the U.S.
In its May 2017 National Rent Report, Zumper Inc. reported the median monthly rental price of a one-bedrom apartment in San Diego is $1,590; a two-bedroom is pegged at $2,160.
San Diego’s median prices fall below obvious high-rent cities such as San Francisco, New York, Los Angeles and Boston, but the rates are also slightly lower than rentals in Seattle and Oakland, according to the study.
The study does not use median household incomes as part of its calculations.
Looking for a low-rent city? The monthly going rate for a one-bedroom in Toledo, Ohio is $480; expect to shell out $580 a month for a two-bedroom, the study finds.
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