> The current rate for a two bedroom in most of SF...

And the thing about that "two bedroom" is that it probably would have been classified as a one bedroom ~fifteen years ago. Much-to-most of the time, an "N-bedroom" apartment gives you N bedrooms, a kitchen, a bathroom and -if you're lucky- a small amount of closet space. Living room? Study? Get fucked, those are for owners, or folks who started renting 10->20+ years ago.