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I think you need to look around again. Prices have increased dramatically over the last two years. I have friends who landed a cheap place in SOMA for $3600. They were the ones who used the word "cheap". If you glance at craigslist, the majority of the listings are above $3k. All the cheap apartments are outside of SF-proper.

key phrase: "couple years ago"

welcome to rent increase 30% in last two years... SF is a disaster and incomes aren't rising to keep up with this. these "high" tech worker salaries assume an outdated rental market.

From the company who did the estimates:

> "is based on averaging all of the data points from each neighborhood, not the average prices of the neighborhoods."

Here's the application they're using --> https://www.zumper.com/sf

1.) http://sfist.com/2013/03/07/map_average_rent_for_1br_in_san_...

People would kill to pay $1500 a month in the tiniest studio apartment possible anywhere in the city.