Can anyone relate ?

My boyfriend and I have been talking about having a baby a lot lately and weighing out the pros and cons of if we're ready both financially and emotionally . We both realize that nobody is ever fully ready to have kids but we want to try and be as prepared as possible . I will be 25 in December and he's 27 we make about 5500 a month give or take between the both of us we both have stable jobs but we live in a one bedroom apartment is it unrealistic to try and have a baby since we don't live in a two bedroom or in a house ?