San Francisco rents up over 10% from last year

According to Forbes, San Francisco rents are up 10.1% from last year. To quote: “San Francisco has not only the steepest year-over-year rent increase, but also has the highest median rent ($3250/month) for 2-bedroom units in the country, edging out the New York metro ($3150).” Here are some tables from the Trulia Price/Rent Monitor:
12
3

Unsustainable living in San Francisco

The graphic and table below are pretty clear cut. It covers the proportion of income paid by renters on rent that is 50% or over. And, by the way, it is not sustainable to have to pay 50% of one’s income or more on rent.



And here’s the analysis of the above data:
Interpretation and Geographic Equity Analysis
The above map illustrates the percentage of households that spend 50% or more of their income on rent at the census tract level. The table provides the data aggregated at the neighborhood level. As the map demonstrates, there are many areas in San Francisco where 24%-65% of the population pays half or more of their income to rent. In the following neighborhoods, 25% or more of the population spends at least half of their income on rent:

Financial District (26%)
Downtown/Civic Center (27%)
Lakeshore (28%)
Excelsior (29%)
Ocean View (29%)
Bayview (30%)
Visitacion Valley (31%)
Households that spend more than 50% of their income on their homes are classified by the National Low Income Housing Coalition as severely cost-burdened.

source: Sustainable Income Index, San Francisco