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Published: Apr 14, 2022 3 min read
Victorian houses along Alamo Square in San Francisco, with the city landscape in the background
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In most of the country, rent prices are skyrocketing thanks to a red-hot housing market and a record-high rate of inflation. But in a handful of tech hubs, rent is actually lower than it was at the onset of the pandemic.

A new report from found that median rent prices in San Francisco for small apartments — studios and one-bedrooms — are lower than they were in March 2020 by 13% and 3.3%, respectively. In San Jose, rents for studios, one-bedrooms and two-bedrooms are all lower than they were before the pandemic (by 2.8% for studios, 0.6% for one-bedrooms and 1.1% for two-bedrooms).

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