Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

10 of 10
BACKNEXT
10. San Francisco: Rent
San Francisco: Rent
Average list price: $775,000
Average annual rent: $35,900
Price to rent ratio: 21.5

This small, densely populated city by the bay has a geographically constrained housing market. Surrounded on three sides by water and to the south by other urban centers, there's little developable land available making adding to the housing supply very expensive.

Home owning, however, has been very desirable, with buyers before the bubble earning high returns on their investments. Prices in the metro area have dropped significantly during the bust, down about 27%, according to the National Association of Home Builders and Wells Fargo, but still stand at a median of $585,000.

In the core city, prices are even higher, with a two-bedroom condo selling for a median of $775,000, according to Trulia. Rents are nowhere near as inflated with a two bedroom costing less than $3,000 a month. That makes the price-to-rent ratio more than 21, firmly on the rent side of the equation.

More galleries
Last updated June 14 2010: 2:22 PM ET
  • Find Homes for sale
    Real estate and homes for sale on Trulia

  • Property Type
  • Find a home in:
  • New York | Atlanta | Chicago | Los Angeles
  • Washington D.C | Houston | Philadelphia | More options
More Galleries
The Obama economy in 10 charts President Obama came to office in January 2009 in the midst of the Great Recession. Much has turned around since then, but he's been criticized for a slow recovery. More
Best Jobs in America CNNMoney/PayScale's top 100 careers with big growth, great pay and satisfying work. More
Top-paying jobs Anesthesiologists take home a median $335,000 in salary and bonus annually. What other great careers from CNNMoney and PayScale.com's list of Best Jobs in America offer hefty paychecks? More

Special Offer