The Most Affordable Neighborhoods in Brooklawn, NJ by Home Value

These days, finding an affordable place to live in the Brooklawn area can be challenging. Home prices in Brooklawn are now at a median cost of $160,309, lower than the New Jersey average of $496,577.

The average cost of rent is $1,439/mo in Brooklawn, primarily driven by the current value of real estate in the Brooklawn area. In Brooklawn, 18.44% of households rent, and 43.91% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Brooklawn is $4,961 per month. Households that rent pay about 29.00% of their income on rent here. Brooklawn’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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