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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 $138,218, lower than the Kentucky average of $219,615.
The average cost of rent is $916/mo in Brooklyn, primarily driven by the current value of real estate in the Brooklyn area. In Brooklyn, 23.61% of households rent, and 51.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brooklyn is $5,206 per month. Households that rent pay about 17.59% 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
- Woodbury, KY: less expensive homes
- Morgantown, KY: less expensive homes
- Mining City, KY: less expensive homes
- Youngtown, KY: higher priced homes
- Leetown, KY: less expensive homes
- Dunbar, KY: equally priced homes
- Provo, KY: less expensive homes
- Sugar Grove, KY: equally priced homes
- Guy, KY: higher priced homes
- Aberdeen, KY: less expensive homes
Cities with Similar Populations
- Eldred, MN: higher priced homes
- Fenwick, MS: less expensive homes
- Rockhill, OH: less expensive homes
- Rocky Branch, TX: higher priced homes
- Rodeo, NM: higher priced homes
- Erwin, AR: less expensive homes
- Erin Springs, OK: higher priced homes
- Elon, IA: higher priced homes
- Elmwood, WV: equally priced homes
- Elk Valley, TN: equally priced homes
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