Dara Feller for BI
Not many of Jess Munday's San Francisco friends live alone. But Munday, a 29-year-old who works in tech marketing, was able to swing it.
It took living with her parents for a few months during the pandemic, during which time she saved some money. Then, she struck in January 2021 when, according to Zillow, rent prices in the city were the lowest they've been in the past five years.
She pays about $2,600 for a one-bedroom apartment in San Francisco's Mission neighborhood and makes $175,000 annually. It's a deal compared with the median rent of about $2,900 for a one-bedroom apartment in San Francisco.
"I even know people who are a lot older than me who are living with roommates in San Francisco," Munday said. "I'm thankfully in a financial situation where I don't have to do that."