Rent Drops Slightly For San Francisco Apartments
SAN FRANCISCO (KPIX 5) -- San Francisco's outrageous rents may be dipping, according to a new report.
Apartment listing site Abodo reports that prices dropped by five percent in the city last month.
A company spokesperson told said the increase in housing construction is giving renters more options.
MORE: Read the full report.
The trend could last through the end of the year, according to the company.
Oakland's rents dropped by 11 percent.