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These days, finding an affordable place to live in the Brainerd area can be challenging. Home prices in Brainerd are now at a median cost of $211,724, lower than the Chicago average of $351,773.
The average cost of rent is $1,064/mo in Brainerd, primarily driven by the current value of real estate in the Brainerd area. In Brainerd, 43.81% of households rent, and 37.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brainerd is $4,959 per month. Households that rent pay about 21.45% of their income on rent here. Brainerd’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Auburn Gresham, Chicago, IL: less expensive homes
- South Englewood, Chicago, IL: equally priced homes
- Chester Highlands, Chicago, IL: less expensive homes
- Washington Heights, Chicago, IL: less expensive homes
- Auburn Park, Chicago, IL: equally priced homes
- Beverly, Chicago, IL: higher priced homes
- Chatham, Chicago, IL: equally priced homes
- Becks Park, Chicago, IL: less expensive homes
- West Englewood, Chicago, IL: less expensive homes
- Roseland, Chicago, IL: less expensive homes
Neighborhoods with Similar Populations
- Pocono Country Place, Tobyhanna, PA: equally priced homes
- Guide Meridian, Bellingham, WA: higher priced homes
- Hartford, Providence, RI: higher priced homes
- Black Rock, Bridgeport, CT: higher priced homes
- Brighton Heights, Pittsburgh, PA: equally priced homes
- Central Santa Cruz, Santa Cruz, CA: higher priced homes
- Prescott, Oakland, CA: higher priced homes
- Downtown Ontario, Ontario, CA: higher priced homes
- Downtown Harbor-Post Road South, Milford, CT: higher priced homes
- Deep Creek West, Chesapeake, VA: higher priced homes
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