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These days, finding an affordable place to live in the Brookfield area can be challenging. Home prices in Brookfield are now at a median cost of $336,635, higher than the Illinois average of $300,242.
The average cost of rent is $1,376/mo in Brookfield, primarily driven by the current value of real estate in the Brookfield area. In Brookfield, 18.20% of households rent, and 35.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brookfield is $9,373 per month. Households that rent pay about 14.68% of their income on rent here. Brookfield’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
- La Grange Park, IL: higher priced homes
- Lyons, IL: less expensive homes
- McCook, IL: less expensive homes
- La Grange, IL: higher priced homes
- North Riverside, IL: less expensive homes
- Riverside, IL: higher priced homes
- Broadview, IL: less expensive homes
- Hines, IL: less expensive homes
- Westchester, IL: equally priced homes
- Western Springs, IL: higher priced homes
Cities with Similar Populations
- Metuchen, NJ: higher priced homes
- Bethel, CT: higher priced homes
- Big Lake, MN: equally priced homes
- Blairsville, GA: equally priced homes
- Blythe, CA: less expensive homes
- Bon Air, VA: equally priced homes
- Brewster, NY: higher priced homes
- Brigham City, UT: higher priced homes
- Newton, IA: less expensive homes
- Cantonment, FL: less expensive homes
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