The San Francisco Bay Area has long been the most expensive place to live in the US. San Francisco continues to lead the way in average rental prices for 1 and 2 bedroom apartments. From June 2021 to June 2022, 1-bedroom apartments in San Francisco increased in price by 9.40%, and two-bedroom apartments increased in price by 11.10% year-on-year. The top five most expensive cities in California in June 2022 are San Jose (1 Bedroom $2,480), San Diego ($2,470), Los Angeles ($2,360) and Oakland ($2,050). The rating is based on the average rental price of one and two bedroom apartments in June 2022.