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These days, finding an affordable place to live in the Millbrae area can be challenging. Home prices in Millbrae are now at a median cost of $1,729,494, higher than the California average of $812,006.
The average cost of rent is $3,142/mo in Millbrae, primarily driven by the current value of real estate in the Millbrae area. In Millbrae, 38.82% of households rent, and 38.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millbrae is $13,765 per month. Households that rent pay about 22.82% of their income on rent here. Millbrae’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- San Bruno, CA: less expensive homes
- Burlingame, CA: higher priced homes
- Millbrae Meadows, CA: less expensive homes
- Hillsborough, CA: higher priced homes
- South San Francisco, CA: less expensive homes
- Pedro Valley, CA: less expensive homes
- Pacifica, CA: less expensive homes
- Highlands-Baywood Park, CA: higher priced homes
- San Mateo, CA: less expensive homes
- Brisbane, CA: less expensive homes
Cities with Similar Populations
- Alexandria, MN: less expensive homes
- Washington, MI: less expensive homes
- Allston, MA: less expensive homes
- Alvarado, TX: less expensive homes
- American Canyon, CA: less expensive homes
- Amsterdam, NY: less expensive homes
- Antioch, IL: less expensive homes
- Waverly, MI: less expensive homes
- Augusta, ME: less expensive homes
- Athens, TN: less expensive homes
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