Home Price Key
Affordable
Average
Expensive
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 $102,083, lower than the Maryland average of $357,815.
The average cost of rent is $1,017/mo in Brooklyn, primarily driven by the current value of real estate in the Brooklyn area. While nearly 42.67% of residents own their homes outright in Brooklyn, 69.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Brooklyn is $3,013 per month. Households that rent pay about 33.75% of their income on rent here. Brooklyn's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Brooklyn Park, MD: higher priced homes
- Baltimore Highlands, MD: higher priced homes
- Lansdowne, MD: higher priced homes
- Linthicum, MD: higher priced homes
- Ferndale, MD: higher priced homes
- Halethorpe, MD: higher priced homes
- Linthicum Heights, MD: higher priced homes
- Curtis Bay, MD: higher priced homes
- Arbutus, MD: higher priced homes
- Baltimore, MD: higher priced homes
Cities with Similar Populations
- Maryland City, MD: higher priced homes
- Newburyport, MA: higher priced homes
- Brookfield, CT: higher priced homes
- Barrington, RI: higher priced homes
- Barceloneta, PR: higher priced homes
- Baker, LA: higher priced homes
- North Vernon, IN: equally priced homes
- Mckinleyville, CA: higher priced homes
- Aurora, OH: higher priced homes
- White Oak, OH: higher priced homes
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