A 400ft 1br studio apartment in the town I work costs $2,300/month.
That’s insane. Not even 20 years ago, you could throw a stone and find an apartment for like $500-$800 in that general part of the country (TX/OK). Not a slum or a hovel, and not in the sticks. Just a normal apartment.
Here’s a link to the original song. The part the meme comes from starts around 0:45. It was a hit in 2004.