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These days, finding an affordable place to live in the Brookline area can be challenging. Home prices in Brookline are now at a median cost of $1,258,932, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,825/mo in Brookline, primarily driven by the current value of real estate in the Brookline area. In Brookline, 56.84% of households rent, and 44.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brookline is $12,623 per month. Households that rent pay about 22.38% of their income on rent here. Brookline’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
- Allston, MA: less expensive homes
- Brighton, MA: less expensive homes
- Jamaica Plain, MA: less expensive homes
- Chestnut Hill, MA: higher priced homes
- Cambridge, MA: equally priced homes
- Boston, MA: less expensive homes
- Watertown, MA: less expensive homes
- Newton Center, MA: higher priced homes
- Watertown Town, MA: less expensive homes
- Somerville, MA: less expensive homes
Cities with Similar Populations
- Asheboro, NC: less expensive homes
- Morgan Hill, CA: equally priced homes
- Blacksburg, VA: less expensive homes
- Canovanas, PR: less expensive homes
- Collierville, TN: less expensive homes
- West Chester, OH: less expensive homes
- Methuen Town, MA: less expensive homes
- Delaware, OH: less expensive homes
- Downers Grove, IL: less expensive homes
- Hoffman Estates, IL: less expensive homes
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