Sometimes you get lucky with certain places. On average though that’s way below market value for the area. Go on the Trulia app and set your max price at $1200, and see how quick most of the apartments disappear. On average 50k would get you the bare minimum qualification for rent being 1/3 your gross income, then after state/fed taxes, insurance and 401k savings it’s going to be closer to half of your actual income going towards rent. I’d say the 60-70k range is more like what you need to live comfortably in your own place.