--- title: Typical Manhattan, S.F. One-Bedroom Costs 80% Of New Grad's Salary description: Apartments in Manhattan, San Francisco aren't affordable authors: - name: Ian Salisbury role: Senior Editor url: https://money.com/author/ian-salisbury-2/ bio: Ian Salisbury was a senior editor at Money, focusing on investing, banks and mortgage. at_money_since: 2013 articles: 91 covers: - Housing - Economy and Politics - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Retirement - Shopping - Taxes former_staff: true published: '2015-10-28T16:40:12.000Z' modified: '2024-04-02T04:18:52.000Z' section: Housing tags: - Apartments - manhattan - real estate - Rental - San Francisco - trulia word_count: 239 canonical: https://money.com/apartment-rental-prices-unaffordable/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![555175263](https://img.money.com/2015/10/gettyimages-newyork.jpg) *New York apartment building.* It's no secret that it's tough to snag an affordable apartment in San Francisco or Manhattan. But a new analysis of rental prices shows just how hard. Only about one in ten one-bedroom apartments in either of those two trendy locations rents for less than $2,000, according to the study by [real estate Web site Trulia](http://www.trulia.com/). With a budget of $2,500 you still wouldn't be able to afford about three quarters of the inventory. In fact you have to be able to spend about $3,000—$36,000 a year—before roughly half of the one-bedroom in Manhattan or San Francisco apartments would be within your budget. Considering the [average salary for college grads](https://money.com/collection-post/heres-what-the-average-grad-makes-right-out-of-college/) is about $45,000, it's no wonder so many Millennials [are choosing](http://www.pewsocialtrends.org/2013/08/01/a-rising-share-of-young-adults-live-in-their-parents-home/) to live with Mom and Dad. Numbers for other city destinations are slightly less daunting. With a $2,000 budget you could afford about a third of the one-bedrooms in Boston, and about two-thirds in Washington and Los Angeles. There is at least a silver lining for those who are willing to be a bit more adventurous. While Manhattan and even Brooklyn (with 51% of rentals going for over $2,000) may be out of reach, there's still Queens with less than 17% and the Bronx with less than 3%. But act fast. As the New York Post [recently blared:](http://nypost.com/2015/09/12/forget-manhattan-brooklyn-queens-is-the-up-and-coming-neighborhood/) "Forget Manhattan & Brooklyn Queens Is The Next Up-And-Coming Neighborhood." The secret is already out. **Take This Month's Money Poll** ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/apartment-rental-prices-unaffordable/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Housing", "item": "https://money.com/housing/" }, { "@type": "ListItem", "position": 3, "name": "Renting", "item": "https://money.com/renting/" }, { "@type": "ListItem", "position": 4, "name": "Typical Manhattan, S.F. 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