This 200-square-foot backyard shed in San Diego is for rent at $1,050 per month
The studio is located in the backyard of a home in the North Park neighborhood, which is one of the city's most walkable neighborhoods. The listing calls the shed a studio, but neighbors aren't exactly convinced. "I was amazed it was going for that much money," Joe Moreno, who lives nearby, told CNN affiliate KGTV.
Read MoreWhile the rent seems outrageous to some, the asking price is $300 per month less than a typical studio in the area. The company renting out the property, J.D. Property Management, doesn't expect to have an issue with the price, considering the former tenant paid $1,100 a month for two years.
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