Last Updated on January 3, 2023 by Jason Nguyen
Searching for an apartment can be a stressful experience because you have to sort through a number of places to find your perfect home. Considering New York is one of the most expensive places to live, it would take almost a miracle to find the ideal place that would fit your budget.
But if you want to stay within the state, you might want to consider renting an apartment or rent to own home in Brooklyn. It may be the most populous borough, but it also has more affordable real estate. But don’t let the population dissuade you because belonging to a community would be easy once you find the right place. So if you’re considering moving to Brooklyn, below is a quick list of the average prices of each type of apartment.
Is living in Brooklyn affordable?
Since Brooklyn is the biggest borough in New York, it wouldn’t be a surprise if it also has the largest population in the state. But despite its bustling community, many still choose to reside here because of its culture and family-friendly atmosphere. Moving to Brooklyn is also the perfect solution for when you want to get out of the hustle and bustle of the city while still remaining a commute away.
Although the cost of living in Brooklyn has risen over the years, it’s still more affordable compared to living in high-cost boroughs, like Manhattan. But if you want to get the most out of your buck in terms of rent, finding a place in a cheaper neighborhood will be a good strategy.
Midwood, Sunset Park, and Kensington are considered good places to live, but it’s also best to do your own research so you can figure out where you’ll feel most comfortable. The type of apartment you’re looking for will also affect the cost of your monthly rent, that’s why it should also be a factor when you’re choosing your apartment.
How much does it cost to live in an apartment in Brooklyn?
Aside from being a cultural hub, many prefer to live in Brooklyn because of its more affordable cost of living. But if you’re not sure if it can fit within your budget, here are some estimates based on the type of apartment that you’re looking for:
Studio apartment
A studio apartment can be an efficient way of living on a budget, especially if you’re residing on your own. Studio apartments have smaller spaces than a one-bedroom unit because it typically combines the bedroom, kitchen, and living room. As a result, most areas will have lower prices so students or young professionals can afford to rent.
Their prices will differ depending on which Brooklyn neighborhood you’re in, but their current average rent is around $3,245-3,950 per month. This would be perfect as a first apartment, or if you prefer to have more privacy without breaking the bank.
1-bedroom apartment
If you prefer to have separate rooms for your apartment, a one-bedroom unit may be ideal for your needs. Since they’re usually designed for a single person or a couple, privacy still won’t be an issue. It would also be fitting if you like to entertain guests often because there’s a designated space for a living room and kitchen.
A single-bedroom apartment in Brooklyn currently has an average cost of $3,990-4,495 a month. Although a bit pricier, it’s still a better upgrade from a studio apartment because you’ll have more room for your furniture and some extra space for storage.
2-bedroom apartment
Whether you’re living with roommates or have a growing family, a 2-bedroom apartment would be perfect to accommodate everyone. Similar to a one-bedroom unit, you’ll have your own space for a kitchen, dining, and living area. Depending on the size of the apartment, some will also have additional space for closets and storage so you won’t have to worry about tossing out a lot of your things away when you move in.
The average cost of a 2-bedroom apartment in Brooklyn can cost somewhere between $4,850-7,050 a month. But you can split the cost with your roommates or partner to make it fit your budget easier.
3-bedroom apartment
A 3-bedroom apartment would be more spacious compared to other units, and you’ll also have enough room for more roommates or a big family. Otherwise, you can convert one room into a cozy guest room or a functional home office. But if you want to get creative, you can even turn it into a home gym or an artist’s studio so you can work peacefully from the comfort of your own home.
A 3-bedroom apartment in Brooklyn can typically cost between $3,150-6,495 a month depending on the area you’d like to live in.
4-bedroom apartment
A 4-bedroom apartment would be a complete luxury no matter what area you are in. Since it can be rare to find a 4-bedroom unit in Brooklyn, rent can start at an average of $3,850-6,995 a month.
But the space would be ideal for giving your kids their own separate bedrooms or having one as an extra space for guests. Similar to a 3-bedroom apartment, you can also turn one into a home office or hobby room. Depending on the apartment size you’ll get, you’ll also have enough room for a separate kitchen, dining, and living room to entertain your guests.
Are you looking for a professional painting contractor?
Sometimes the new apartment you move into may need a little bit of touching up, but there’s nothing a few coats of paint won’t do to easily make it look good as new.
If you’re looking for a reliable painting contractor in Brooklyn, Soho Painters has a team of experts that provides high-quality results.
Whether you’re planning on refreshing the paint on your apartment’s interior or adding some wallpaper to accent the place, they’ll guarantee to make your apartment feel like home. If you want to know more about their services, you can contact them today to get a free estimate.
Is Brooklyn cheaper than NYC?
This is a question that many people ask when considering whether to move to the city or stay in Brooklyn. The answer is not as straightforward as it may seem.
When compared to Manhattan, Brooklyn can often be cheaper in terms of housing costs. Rent prices tend to be lower in the outer boroughs, making living costs more manageable for those who are on a budget. Additionally, Brooklyn offers access to many of the same attractions and amenities one might find in Manhattan, but without the same price tag.
However, when compared to other parts of NYC outside of Manhattan, the cost of living can vary widely. Some neighborhoods or areas may be more expensive than others due to their proximity to certain attractions or job opportunities. In addition, Brooklyn is becoming increasingly popular as a destination for tourists, so there may be some costs associated with that as well.
In the end, the decision of whether Brooklyn is cheaper than NYC depends on the individual’s needs and preferences. There are many factors to consider such as cost of living, transportation options, job opportunities, and quality of life. While Brooklyn may be cheaper than Manhattan in some instances, it is important to weigh all the pros and cons before making a decision. It is also helpful to get advice from people who already live in the area or research online resources to help compare costs.
Are apartments in Brooklyn cheaper?
This is a common question for those looking for a place to live in the city. The answer depends largely on what part of Brooklyn you’re looking at and your budget. Generally, apartments in Brooklyn tend to be more affordable than many other boroughs of New York City, but there are certainly exceptions.
For instance, if you’re looking for a studio apartment in the heart of Brooklyn, such as Downtown Brooklyn or Williamsburg, prices can be quite high. However, if you’re willing to look further out and away from the most popular neighborhoods, there are often much more affordable options. This is especially true in outlying areas of Brooklyn like Canarsie, Dyker Heights and Sunset Park.
Brooklyn is a large and diverse borough with many different types of apartments, so it’s important to do your research and compare prices before you make any decisions. You may find that Brooklyn offers more reasonably priced options than other NYC neighborhoods if you’re willing to look around.
