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These days, finding an affordable place to live in the Brandon area can be challenging. Home prices in Brandon are now at a median cost of $341,180, lower than the Florida average of $396,783.
The average cost of rent is $1,839/mo in Brandon, primarily driven by the current value of real estate in the Brandon area. In Brandon, 42.35% of households rent, and 34.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brandon is $7,306 per month. Households that rent pay about 25.17% of their income on rent here. Brandon’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valrico, FL: higher priced homes
- Bloomingdale, FL: higher priced homes
- Palm River-Clair Mel, FL: less expensive homes
- Mango, FL: less expensive homes
- Seffner, FL: equally priced homes
- Dover, FL: equally priced homes
- Riverview, FL: higher priced homes
- East Lake-Orient Park, FL: less expensive homes
- Fish Hawk, FL: higher priced homes
- Durant, FL: equally priced homes
Cities with Similar Populations
- Bronx, NY: higher priced homes
- Brownsville, TX: less expensive homes
- Buckeye, AZ: higher priced homes
- Bowie, MD: higher priced homes
- Brighton, CO: higher priced homes
- Caguas, PR: less expensive homes
- Bridgeport, CT: higher priced homes
- Boston, MA: higher priced homes
- Buford, GA: higher priced homes
- Broomfield, CO: higher priced homes
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