San Francisco rental prices continue to plummet

When rents for one-bedroom apartments in San Francisco dropped by 9.2% year over year in June, it was the biggest dip in three years, according to Zumper. Now, the company’s July report has just been released and it’s breaking new records.

New estimates said one-bedroom rent is down 11.8%, which beats the previous month’s record of largest decline ever for the city.

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