I'd say $750-1000 CAD is per month is on the low end. In general I find that renting near the train system is about $1200-1300 CAD for 1 bedroom, but that's on eastmost side of the city which is about 15-20 mins out of downtown (by train). Average dev salaries are maybe 60k CAD?
If you extend your search to Burnaby/New West, you can easily find 1 bedrooms for $700-1000 that are close to a frequent bus route (e.g. 106, 123). You're not paying a premium to live close to Skytrain, but commuting to downtown doesn't take an hour by transit either.
There's actually not a lot of data on Vancouver dev salaries out there. I've heard ranges from $50K to 70K depending on the source.