Edit: $65/day including tax * 13 days/month ~= $850. Allowing for holidays, vacation and occasional work from home. It's decent, better than Motel 6, more like Best Western. I got a good rate because I negotiated it years ago. It's outside SF itself, but I use Bart.
But then again you can live in a fancy apartment downtown in the heart of things for around $1.2k a month.
Living outside the city isn't too bad, south of SF you can find 1 bedrooms for ~1200 if you don't mind a 30+ minute commute (traffic/train), or Oakland there's plenty of 1br/studios for ~1000, but you deal with higher crime and a social stigma that you live in Oakland.
But the reality is that expensive apartments stay on the site longer than cheap apartments. So the "average" prices are likely to be higher than the real average.
It takes some time to find a reasonable apartment however.
I've was apartment-hunting for one month each weekend and finally found a huge $1350 a month studio in Nob Hill (that's nearly the size of a one-bedroom). If you don't have that much time to look for apartments the rent will be much higher of course.
It is really nice, a one bedroom, parking and pets allowed: $2,600
I have a 2-bedroom and have been looking for a 3-bedroom...
The rents are crazy.
There was a beautiful 3-bedroom little house near me; they wanted $7200 per month with a $10,000 deposit! WTF.
I live in a (true) one bedroom second-storey walkup in Chelsea, which actually has a new kitchen and bathroom (renovations made after the last tenant left to get it out of rent stabilization) and pay $2,000 a month for it.
And that actually seems to be a pretty good deal.
For a decent building (one with an elevator where you don't hear everything your neighbours do through the walls, ceilings and floors) in this area it gets closer to $3k+ a month and can easily get to $4k+.
Still, work is a 7 minute walk away and I live in Manhattan. That's hard to beat.
For you obviously. Some people don't want to live in a big city, or especially some place like Manhattan. It is all in the eye of the beholder.
I live in the mountains in Colorado, work from home (20 second commute) and pay less per month for my mortgage. So for me THATS hard to beat.
The way I see it a broker should be doing one of two things (or preferably both):
1. Saving you time in finding an apartment; and/or
2. Saving you money.
It took two afternoons (in January this year) to find this apartment. When I saw it was being renovated so I had no idea what it would look like but it was a decent size (~500 sqft), on a nice street off 8th Avenue and only up one flight on stairs so I took it on the spot and was happy with how it worked out.
But I spoke to three brokers. One was useless and showed me things I could've found myself. This is particularly true of the larger buildings in, say, Midtown West, where you just inquire with the front desk about vacancies. But this apartment I found before it had shown up on the managing agent's website.
Looking in winter helps too (apparently).
The noise thing bothers me slightly. Like the codger below me likes to bang on the ceiling if he thinks I'm making too much noise (nevermind, you know, the stream of traffic and people walking by outside). This has including me having the "audacity" to put on a duvet cover at 11pm on a Tuesday. I'm not sure he realizes who has the power in this relationship since I live above him but anyway...
It would be nice to have an apartment where noise wasn't a factor and I've had a look around at to see what else my money could get me and, honestly, I think I'd need to spend $2700/month to get something that would obviously be better.
So I guess I'm staying put. :)
Noise is a huge problem as well. Lots of NYU kids in this neighborhood who are out at all hours on Friday and Saturday evenings. But the far West Village is like 50% more so I'm going to be staying put for the time being :)
I also live in a nice neighborhood.
Do you live within 2 blocks of UC Berkeley?