SAN FRANCISCO - San Francisco rent prices are on the rise again , confirming what many residents have already noticed.

Prices climb after temporary dip

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According to a new report from Apartment List, rents in the city have increased by 11.5% compared to this time last year, with a 1.2% hike in just the past month. The average cost for a two-bedroom rental now exceeds $3,600 per month.

Newcomers feel the pinch

Local perspective:

Recent arrivals to San Francisco said what they've seen backs up those high prices.

"We found that everything was close to the same price, so we just kinda kept looking until we found something nice and then went there," said Brian Hughes. "You can get something a lot worse for the same amount, so that was interesting."

The steepest rent hik

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