Definitely higher than that. I'm sure it depends on the unit though...the 1,700 square foot place I've been eyeing is $950/month, but it includes all utilities+maintenance.

Yup, taxes are definitely a concern. The NEZ program is so freaking cryptic...but from what I've been able to gather, once the existing NEZ credit expires, I will be able to apply for a similar but separate NEZ-Homestead credit. The only requirement [[besides living in the place) is that you invest more than $500 into the property. But I'm looking at refinishing the wood floors, which will run about $2k. And according to the assessor's office, that counts.