SAN FRANCISCO, California (The Adobo Chronicles) – If you left your heart in San Francisco, now is the best time to go back. What was once among the most expensive major U.S. cities to live in is becoming a haven for low to middle-income earners.

Until recently, the average rent for a one-bedroom and one-bath apartment was $2, 500 a month, garage extra. Now, the same size apartments are going for $1,000 to $1,500 a month. Studios are now renting for an average of $600 per month. The rents also include two bike racks.

Speaking of bikes, a new city-wide survey shows that car ownership is shrinking, down by almost 60%, thanks to the ever-increasing number of bike-only lanes in major thoroughfares throughout The City by the Bay.

Ex-car owners interviewed by The Adobo Chronicles said that it no longer makes sense to own a car in the city, since most streets and roadways have been painted green, indicating bike-only lanes. “Between the bike lanes and red-painted buse and taxi-only lanes, private cars have practically been booted out,”  said San Francisco resident Mike Bello who sold his Range Rover and purchased a mountain bike.

Craigslist and other social media sites have seen a significant increase in the number of ads for surprisingly affordable apartment rentals, like this one: