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These days, finding an affordable place to live in the Brainard area can be challenging. Home prices in Brainard are now at a median cost of $338,360, lower than the New York average of $610,895.
The average cost of rent is $1,102/mo in Brainard, primarily driven by the current value of real estate in the Brainard area. In Brainard, 11.56% of households rent, and 48.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brainard is $8,042 per month. Households that rent pay about 13.71% of their income on rent here. Brainard’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Lebanon, NY: less expensive homes
- Malden Bridge, NY: higher priced homes
- East Nassau, NY: less expensive homes
- Old Chatham, NY: higher priced homes
- East Chatham, NY: higher priced homes
- North Chatham, NY: equally priced homes
- Morey Park, NY: less expensive homes
- Nassau, NY: less expensive homes
- Hoag Corners, NY: less expensive homes
- New Lebanon, NY: less expensive homes
Cities with Similar Populations
- Oak Ridge, NY: less expensive homes
- West Bottom, VA: equally priced homes
- Concord, PA: less expensive homes
- Concord, TN: less expensive homes
- Wesleyville, KY: less expensive homes
- Weskan, KS: less expensive homes
- Cord, AR: less expensive homes
- Corley, TX: less expensive homes
- Lake Pleasant, NY: less expensive homes
- Oldtown, KY: less expensive homes
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