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Expensive
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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 $276,476, higher than the Michigan average of $250,415.
The average cost of rent is $1,303/mo in Brooklyn, primarily driven by the current value of real estate in the Brooklyn area. In Brooklyn, 10.33% of households rent, and 42.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brooklyn is $7,363 per month. Households that rent pay about 17.69% of their income on rent here. Brooklyn’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jefferson, MI: less expensive homes
- Cambridge Junction, MI: equally priced homes
- Oak Shade Park, MI: higher priced homes
- Cement City, MI: less expensive homes
- Napoleon, MI: equally priced homes
- Clarklake, MI: higher priced homes
- Norvell, MI: equally priced homes
- Onsted, MI: equally priced homes
- Liberty, MI: less expensive homes
- Somerset, MI: equally priced homes
Cities with Similar Populations
- Pismo Beach, CA: higher priced homes
- Litchfield, IL: less expensive homes
- Macedon, NY: less expensive homes
- Madisonville, TX: less expensive homes
- Mascoutah, IL: less expensive homes
- Micco, FL: less expensive homes
- Penitas, TX: less expensive homes
- Pilot Mountain, NC: less expensive homes
- Pine Grove, PA: less expensive homes
- Piney Flats, TN: higher priced homes
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