Last week the city's board of supervisors took steps to reduce rental costs by approving an ordinance reducing the minimum required living space in an apartment, which supporters say clears the way for cheaper (as well as smaller) living. The average asking price for a one-bedroom in San Francisco is now $2,673 a month, up more than 10 percent from last year. The cost of Bay Area living continues to be a hot topic of discussion in the region. Map shows median rental prices in Bay Area census tracts, with prices per square foot. Kwelia says their research was based on publicly-available data, and they put it into the nifty map you can see below. According to new research from the real estate startup Kwelia, Brentwood has the Bay Area's most affordable residential rent - $0.96 per square foot. Compare that to the cost of renting a residence in San Francisco's Financial District, which can be more than $4 per square foot. It probably isn't a surprise that the cheapest residential rents in the region would be in the far East Bay. Tips For Finding an Affordable Place to Live.Rental Market Drives Applicants to Extremes Silicon Valley Has Nation's Highest Rents.Original post: Looking for a cheap place to live in the Bay Area? Start driving east from downtown San Francisco - and keep going. We've changed our map display with a link to Kwelia's revised interactive map just click the image to get to that new map.
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The firm revised the map to show median (instead of average) per-square-foot prices for apartment rents and zeroed in on neighborhoods a little more closely by showing rental rates for each census tract in the region (instead of ZIP codes). Update, April 21, 2013: The real-estate data firm Kwelia updated its map of Bay Area rental prices to make it a little more nuanced. The most current version for the Bay Area is embedded above. 26, 2015: The map described below is now published through RentHub.