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Affordable
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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 $450,848, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,947/mo in Brookfield, primarily driven by the current value of real estate in the Brookfield area. In Brookfield, 21.40% of households rent, and 40.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brookfield is $10,988 per month. Households that rent pay about 17.72% of their income on rent here. Brookfield’s most expensive areas are in the southwestern 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
- Elm Grove, WI: higher priced homes
- Duplainville, WI: higher priced homes
- Butler, WI: less expensive homes
- Wauwatosa, WI: less expensive homes
- New Berlin, WI: less expensive homes
- Menomonee Falls, WI: less expensive homes
- West Allis, WI: less expensive homes
- Lannon, WI: less expensive homes
- Pewaukee, WI: equally priced homes
- Waukesha, WI: less expensive homes
Cities with Similar Populations
- Leawood, KS: higher priced homes
- Coral Gables, FL: higher priced homes
- Strongsville, OH: less expensive homes
- Englishtown, NJ: higher priced homes
- Seguin, TX: less expensive homes
- Prairieville, LA: less expensive homes
- Granbury, TX: less expensive homes
- Powell, OH: higher priced homes
- Lake Ridge, VA: higher priced homes
- Eagle Pass, TX: less expensive homes
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