Zumper: Rent prices heat up in July, hitting an all-time high in San Francisco

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As the summertime heats up, so are July’s rental prices. According to Zumper’s latest National Rent Report, the rental price for a one-bedroom unit slightly increased by 0.3% this month. This means it now cost the average renter a median of $1,220 to rent the average one-bedroom unit.