The big problem seems to be the lack of affordable housing in the area - when I was looking for 1br apartments, none of them were under $2700 a month (plus 300+ for car parking), and they were all brand new luxury rooms.
There are apartments under $2700. Even under $2000. However, there are differences of quality. A unit around $2000 won't have in-unit laundry, a dishwasher, a/c, a pool, etc. A place about $2700 likely will have those things, new appliances in the kitchen (oops, forgot "newly renovated"), etc.
It's definitely tough to find a good, decent quality place.