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These days, finding an affordable place to live in the Bromley area can be challenging. Home prices in Bromley are now at a median cost of $414,095, higher than the Alabama average of $228,911.
The average cost of rent is $1,284/mo in Bromley, primarily driven by the current value of real estate in the Bromley area. In Bromley, 8.78% of households rent, and 21.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bromley is $10,513 per month. Households that rent pay about 12.21% of their income on rent here. Bromley’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stapleton, AL: less expensive homes
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Cities with Similar Populations
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- West Chester, IA: less expensive homes
- Johnsville, TX: higher priced homes
- White Hall, VA: equally priced homes
- Whiteside, TN: equally priced homes
- Indianola, UT: equally priced homes
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