Is Moving to Brooklyn the Right Choice for You?
While relocating to New York City can be thrilling, diving in without sufficient research and planning can lead to avoidable mistakes. If you’re considering a move to Brooklyn, it’s important to evaluate whether now is the right time for you both financially and personally. Keep reading to see if a move to Brooklyn aligns with your current situation.
Although the idea of starting fresh in Brooklyn might seem exciting and full of promise, it’s crucial to assess whether it’s the right decision for your lifestyle and financial health. In some cases, postponing your move to build up more savings could be the wiser route.
Here’s a breakdown of key considerations when thinking about relocating to Brooklyn.
Key Things to Think About Before Moving to Brooklyn:
- Your Income
- Your Financial Cushion
- The Apartment Search Process
- The Timing of Your Move
- Neighborhoods in Brooklyn
- Evaluating Your Income
When asking yourself, “Should I move to Brooklyn?” your income is one of the most critical factors. Do you earn enough to support the city lifestyle? Can your current salary comfortably cover the high cost of living in New York?
Experts suggest a single individual needs to make between $65,000 and $120,000 annually to live reasonably well in the city. Just because your income falls within this range doesn’t necessarily mean a move makes sense particularly if you’re earning at the lower end. Lower income may force you to compromise on convenience, such as living farther from public transit or work, which increases commute times.
- Assessing Your Savings Your savings play a big role in the feasibility of a move. Ideally, you should have a minimum of $20,000 saved to cover your initial relocation and living expenses.
With average one-bedroom rentals around $3,000 per month, upfront costs can quickly add up especially when factoring in broker fees and deposits. In Brooklyn, broker fees are quite common and typically range from 8% to 15% of your annual rent. That means for a $3,000/month apartment, the fee could be anywhere from $3,000 to $5,400 on top of your first month’s rent and security deposit.
These fees are often unavoidable and non-negotiable, and if you’re unprepared, they can be a harsh reality check. While they help sustain the real estate market, they also present a significant barrier for many prospective renters.
- Navigating the Apartment Hunt
Finding a place to live in Brooklyn isn’t easy and often requires weeks or even months of diligent searching. Listings can be competitive, and some realtors may use misleading photos, making in-person visits essential.
Unlike other cities where newer buildings and central AC are standard, some Brooklyn rentals may be outdated or in poor condition. Give yourself plenty of time to explore the market, attend viewings, and avoid the pressure of signing a lease in haste. A rushed decision can lead to regrets and difficult living situations.
Once you’ve mapped out your apartment search, it’s also smart to start thinking about the actual move. Coordinating logistics early can save you time and frustration later. Working with local movers in Brooklyn like those who know the borough well, such as Movers Not Shakers can help you avoid common pitfalls, especially when navigating tight staircases or dealing with buildings without elevators.
- Timing Matters
The time of year you choose to move can significantly impact your experience. Summer is a peak season for rentals, especially with college graduates and other new arrivals flooding the market. This can drive up both competition and rental prices, particularly between June and September.
If possible, consider moving during the off-season to increase your chances of finding a better deal. Patience and smart timing can make a big difference in securing a place that fits your budget and lifestyle without unnecessary stress.
- Neighborhoods in Brooklyn
Once you’ve assessed your budget and timeline, the next step is choosing the right neighborhood. Brooklyn is incredibly diverse, offering something for almost every lifestyle—from family-friendly communities to artsy enclaves.
Here’s a quick guide to some of Brooklyn’s most popular neighborhoods:
Park Slope
- Tree-lined streets and classic brownstones
- Close to Prospect Park—ideal for families and nature lovers
- Strong local community, shops, and restaurants
Williamsburg
- A vibrant hub for young professionals and creatives
- Trendy bars, cafes, and boutiques line its streets
- Waterfront views and access to Domino Park
Boerum Hill
- A blend of historic charm and modern living
- Near Barclays Center and full of cozy cafes and independent shops
- Excellent subway access to Manhattan
Crown Heights
- Known for its cultural diversity and food scene
- Family-friendly with attractions like the Brooklyn Children’s Museum
- Offers a mix of pre-war buildings and new developments
Fort Greene
- Anchored by Fort Greene Park, great for families and outdoor activities
- Rich in history and artistic expression
- A favorite for those who want both tranquility and urban energy
Final Thoughts: Should You Move to Brooklyn?
Ultimately, making the move to Brooklyn or any part of New York City requires more than just excitement and ambition. Financial readiness is key. Between high rental costs, required deposits, and broker fees, having a solid savings cushion is essential.
With thoughtful planning, honest financial assessment, and strategic timing, you can increase your chances of a smooth transition. Brooklyn has much to offer but only if the move aligns with your personal goals, income, and ability to manage the initial costs.
By carefully weighing factors like savings, income, apartment availability, and timing, you’ll be in a much better position to decide whether moving to Brooklyn is the right step forward for you.