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These days, finding an affordable place to live in the Brems area can be challenging. Home prices in Brems are now at a median cost of $171,765, lower than the Indiana average of $232,932.
The average cost of rent is $886/mo in Brems, primarily driven by the current value of real estate in the Brems area. In Brems, 13.84% of households rent, and 17.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brems is $8,379 per month. Households that rent pay about 10.58% of their income on rent here. Brems’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Knox, IN: equally priced homes
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- Bass Lake, IN: higher priced homes
- Grovertown, IN: equally priced homes
- English Lake, IN: equally priced homes
- Kingsford Heights, IN: less expensive homes
- Tracy, IN: equally priced homes
Cities with Similar Populations
- Fort Mc Kavett, TX: higher priced homes
- Gazette, MO: equally priced homes
- Gaylord, OR: higher priced homes
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- Gatesburg, PA: higher priced homes
- South Randolph, WI: higher priced homes
- Pyriton, AL: equally priced homes
- Galesburg, ND: equally priced homes
- Milton, CT: higher priced homes
- Fruit Hill, KY: higher priced homes
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