If you're looking downtown, I agree about getting in soon, vacancy is very low. I live in DCA and have no complaints. It's a good value for what you get. For 12-1500, you could also get a 2br at DCA, if the space appeals to you. Millender Center near the riverfront is another good option, although the apartments/amenities are fairly similar to DCA and more expensive.
If you're looking for something a little nicer in the 1br realm, check out Lofts of Merchant's Row, Lofts at Woodward Place, and Broderick Tower. There's really no reason to get a studio with your budget.
I'd recommend downtown personally, but you could also look in Midtown or Corktown. You'll get a lot more bang for your buck there and they're still good locations with a decent amount of activity.
Is the job downtown? What kinds of things do you enjoy doing for fun?
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