San Francisco rent reaches new high at $4,000 a month for 1-bedroom apartment

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San Francisco

San Francisco rent reaches new high at $4,000 a month for 1-bedroom apartment

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Rent is at an all-time high in San Francisco. Scott Budman reports.

Rent is at an all-time high in San Francisco.

The latest numbers show renting a one-bedroom apartment in the city will now cost $4,000 a month.

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Bay Area rent tracker Zumper points to the artificial intelligence boom in the city that’s helping push the increases to new heights.

Business and tech reporter Scott Budman takes a closer look. Watch his report in the video above.

 

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