clock menu more-arrow no yes

Filed under:

New York City Is Still Cheaper For Renters Than San Francisco

New, 13 comments

Next time you find yourself weeping in a corner after forking over half your paycheck for rent, take comfort in this thought: at least you don't live in San Francisco. For the seventh month straight, San Francisco topped New York City in February as the most expensive city for renters. The latest Zumper report shows that New York's median for one-bedrooms remained flat at $3,000, while SF's rose 1.5 percent to $3,460. SF rents also topped NYC rents for two- and three-bedroom units. However, when you break it down by neighborhood, New York City has way more expensive areas.

For one-bedroom rentals, three Manhattan neighborhoods—Tribeca: $4,300, NoMad: $4,190, and the Flatiron District: $4,000—trump San Francisco's most expensive neighborhood (Russian Hill: $3,830), and New York's medians for two-bedrooms and all bedrooms stomped all over SF. Zumper found that rents rose the highest in Boerum Hill and West Harlem, while Gowanus and Dumbo saw the biggest drops. Check out all the stats below:

· All Zumper coverage [Curbed]
· All Rental Market Reports [Curbed]
· Mapping the Median Rent of a One-Bedroom in San Francisco [Curbed SF]