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“Median rent” means 50th percentile, not cheapest option available. The bottom quintile or decile of market-rate studio apartments costs well under $2,000/mo.
I'm really skeptical of that claim. Very few apartments are on the market under $2k in SF, let alone "well-under." And while living in a 300 sq ft hole in a sketchy area can be a stopgap, your hypothetical couple is working too many hours to have many options for ever escaping it
Currently 20 legitimate listings on Zillow for <$1600, and 60 listings of 2-bd apartments for under $3000.
“20” “quintile or decile” Having attempted to shop in this area in roughly this bracket, I can tell you that “legitimate” lies on a very strange spectrum, and that it’s likely all of those apartments are only habitable in an essentially hypothetical sense. Give it a shot! :)
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