A friend was paying 13k for 3 bedrooms yrs ago. Now 10k. That's reportedly around what the hedge fund mgr who was killed by his son was paying for their rental. So that's pretty typical. I'm sure there are 30k-100k a month spots in New York and Cali. There's enough competition that that landlord will have his pick of renters to choose from.

Also, 1100 sq feet is huge and they could create 2 apts out of that. I have 2brs in 650sq feet and I get charged basically the 1br rate for my hood bc that's basically what the sq footage is.