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You might be able to find something for $1,200 per month in a new-ish building, but it will probably be a 500-600 sq. ft. studio on a lower floor with no view. You’ll get a good idea of what your options are on craigslist. If you can’t find what you’re looking for there, it might not exist.
I’ve been looking to rent in PB, Downtown and Mission Valley for months. I think davej has the price and square footage right, but most of the stuff I saw on Craigslist was for areas surrounding downtown. I’m trying to move from Las Vegas and it took me 4 days driving around town to finally end up in MV. If you are currently living in town, I’d suggest walking on-site to some of the places you are interested in and bring your cell phone with you. Good luck!