The Most Affordable Neighborhoods in Brereton, IL by Home Value

 

Brereton, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Brereton area can be challenging. Home prices in Brereton are now at a median cost of $118,802, lower than the Illinois average of $242,002.

The average cost of rent is $718/mo in Brereton, primarily driven by the current value of real estate in the Brereton area. While nearly 46.48% of residents own their homes outright in Brereton, 6.02% rent.

Housing affordability isn’t just about home prices, though. The average household income in Brereton is $4,526 per month. Households that rent pay about 15.86% of their income on rent here. Brereton's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.


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