Housing in Grand Cayman and Affordable Rate?

Question

Halo! I'm going to move to work in Grand Cayman.

Does anyone know the normal rate of renting a studio apartment in Grand Cayman?

I got an offer of US$1700 per month with the utilities and internet connection included..Do you think it's worth it?

I really really need your advice, as in my home currency, a monthly rate this much is really soooo expensive!

Thanks!