Its impressive how a whole corner of the city has been rebuilt for Apple. Not saying I'd wanna live down there, that area has basically no bus service, and is straddled on all sides by freeways and highways (making walking/biking risky), but $1k will get you a decent 1 bed/1 bath apartment blocks from the office.

That being said, Apple pays people peanuts down there, $32k/yr as a contractor ain't much.