California News

San Francisco Rent Prices Down 31%

ABC 7-


A new report on housing prices in the Bay Area released Tuesday reveals an obvious trend: people are fleeing high-priced San Francisco for less expensive locations.

According to Realtor.com, the average price for a studio apartment in San Francisco has gone down 31% compared to last September.

That number represents the largest rent price drop for any county in the country, according to Realtor.com.

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