Internship to full-time: Question

Hello. I recently graduated from college in May, and I've been interning at a buy-side firm during the summer.

During the interview, the interviewer (my supervisor) told me that the purpose of the internship is to hire into full-time.

The internship ends at the end of this month.

Few days ago, I've been verbally offered the job and I expect to receive the official offer letter in 2-3 weeks.

The problem is that I have to find a place to live near the office very soon because my boss wants me to start right away in early September.

But because I do not know how much salary I will receive, I don't know how much I should spend for monthly rent.

My question is: should I ask my boss how much I should expect to receive? Or is it a bad questioin?

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