Rent in SF
What is the reasonable rent in SF if my monthly net income is $8600 (after tax, 401k and insurance)? No debts. Been sharing an apartment and paying $1600 for a room for >2 years but now done with it and planning to rent 1BR next month. It seems that decent 1BRs start at $3000.
I think the rule of thumb is 25% of income towards housing still applies? Even better in your case since you already deducted 401k and whatnot
Not in the Bay Area, you likely won’t find something less than 40%
Just make more 💸, but yeah everyone in the bay is either violating this rule, living with roomates, or making fat stacks.
I think a studio can be around $2000.
the rule is 30% of gross. Other people dont know what theyre talking about. I had a really nice top floor studio for $1,895 but it was in the tenderloin. I now have a pretty nice 1 bdr with my girlfriend in nob hill for $3,200.
Do you want a full 1br? In law units can be significantly cheaper. Of course, they may not have full kitchens etc, so you might have to look harder.