I found a reasonably priced one-bedroom apt. in Rehavia near the Nachlaot neighborhood, and I'm about to sign the lease and send a deposit. The apartment is a 3 minute walk to the center of town, and the Ben Yehuda Mall. My friend, Faryn, who is studying in Jerusalem for the year, looked at the place, saw the neighborhood for me, and gave it her approval. Thanks Faryn!