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Good luck finding a 1 bedroom for $3,000 in these cities

Apartments for rent in San Francisco on April 21, 2015.Apartments for rent in San Francisco on April 21, 2015.
Apartments for rent in San Francisco on April 21, 2015.Photograph by Justin Sullivan—Getty Images

Trulia, a real estate site and subsidiary of Zillow Group, compiled a report that shows which U.S. cities are the least affordable for renters. The takeaway: if you’re looking for a cheap one-bedroom, it’ll be tough to come by in San Francisco and New York.

Trulia measured the concentration of 1-bedroom rentals priced between $2,000 and $4,000 per month in San Francisco and four New York City boroughs—Manhattan, Brooklyn, Queens, and the Bronx—Manhattan, of course, being the most expensive of the four.

Less than 10% of one-bedroom rentals cost under $2,000 per month in the Golden Gate City, and more than half cost $3,000 or more. The median price throughout the city to rent a one-bedroom apartment or home is $3,200.

The neighborhoods that have the highest concentration of high-price rentals are Fisherman’s Wharf, Mission, and Pacific Heights. Median rent in the Wharf and Mission is $3,500, with rental prices over $3,000 for 82.8% and 78.8% of one-bedroom homes respectively. The median price for Pacific Heights rentals is slightly higher at $3,600, with 73.8% of one-bedrooms priced at more than $3,000.



Manhattan has more one-bedroom apartments and homes available to rent at under $2,000—a whopping 10.7% as compared to San Francisco’s 9.6%—but also has a denser concentration of higher priced apartments. 57.5% of Manhattan one-bedrooms cost $3,000 or more per month and 19.8% cost $4,000 or more per month; in San Francisco the numbers are a bit lower at 55.0% and 15.3%. The median price for one-bedroom rentals in Manhattan is just above San Francisco at $3,250.


Brooklyn has a much more generous concentration of affordable one-bedroom rentals. Just over half, 51.3%, cost $2,000 or more per month, and only 2.4% cost $4,000 or more. The numbers decrease significantly when you move towards Queens. 16.8% of one-bedrooms in the royal borough rent for $2,000 or more a month, and in the Bronx it drops down to 3%.