Your right. For a typical 1 Bedroom unit, in the city, you would be looking in the $1500 ballpark, a 2 Bedroom unit closer to 2K. For a 3 Bedrooom unit, well good luck with that.

Even with the cost/affordability, the bigger problem is the lack of availability of rental units. The current vacancy rate in the city is at 0.8% and heading downwards.

Sad thing is, there is LOTS of empty condo's!