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These days, finding an affordable place to live in the Brooklyn area can be challenging. Home prices in Brooklyn are now at a median cost of $194,281, lower than the Alabama average of $228,911.
The average cost of rent is $832/mo in Brooklyn, primarily driven by the current value of real estate in the Brooklyn area. In Brooklyn, 22.68% of households rent, and 62.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brooklyn is $3,301 per month. Households that rent pay about 25.21% of their income on rent here. Brooklyn’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Nichburg, AL: equally priced homes
- China, AL: less expensive homes
- Evergreen, AL: less expensive homes
- Lenox, AL: less expensive homes
- London, AL: less expensive homes
- Castleberry, AL: less expensive homes
- Owassa, AL: less expensive homes
- Brownville, AL: less expensive homes
- Repton, AL: less expensive homes
- Nymph, AL: less expensive homes
Cities with Similar Populations
- Ricker Mills, VT: higher priced homes
- Glentana, MT: less expensive homes
- Ringling, MT: higher priced homes
- Rinard Mills, OH: less expensive homes
- Gogebic, MI: higher priced homes
- Riggston, IL: less expensive homes
- Mountain Grove, VA: higher priced homes
- Goodnews Bay, AK: less expensive homes
- Ridgeway, MT: higher priced homes
- Glensboro, KY: higher priced homes
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