Average rent for a 1Br in the US is north of $1000.

(edit) - typo

~900sqf (~84sqM) one bedroom on the skirts of one of the most expensive places in the United States. My utilities (except water) are all billed separately. If I were to buy a house in this area and paid in mortgage what I pay in rent, I'd get something a little bit bigger (2 bed, 1 bath, in 'ok' condition, probably 10 to 15 years old).