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
Here are the 20 most ticketed cars in America The racy Subaru WRX tops the list, but some of the other ticket magnets will surprise you. More
Lamborghini to unveil 910 horsepower plug-in hybrid The Lamborghini Asterion concept car will have a V10 engine and three electric motors. More
The weapons of The Walking Dead Zombies are fiction, but the weapons on The Walking Dead are real. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.