Jamie Johnson, of San Francisco, takes his lunch at Embarcadero as smoky skies from the northern California wildfires casts a reddish color in San Francisco, Calif., on Wednesday, Sept. 9, 2020.
Ray Chavez | MediaNews Group | Getty Images
Rent prices continued to plunge across the U.S. last month, with San Francisco leading the decline, according to data from Zumper, a real-estate start-up.
The median rent for a one-bedroom apartment in San Francisco dropped more than 20% from a year ago, to $2,830, according to the report. That’s the largest decline the company has recorded. Month-to-month, the price of a median one-bedroom in the city dropped nearly 7%, according to Zumper.