The Median Rent for an SF Two-Bedroom Hits $5,000/Month

sf.curbed.com

21 pointsFuturebot4 comments

Is median really the stat we want to use here? Mean?

Zumper/Smartasset has the average at $4650 for a 2 bedroom:

https://smartasset.com/mortgage/what-is-the-cost-of-living-i...

Only marginally less shocking. As for your question, the median is used in questions of affordability (data from StreetEasy, Zillow, Elliman, etc.), rather than the mean.

Median is less influenced by the outliers.

Yup. Particularly important in the markets where many people actually live/move to/can find jobs (SF, NYC), because they have incredible outliers on the high end.

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