The Most Affordable Neighborhoods in Millbrook, AL by Home Value

 

Millbrook, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Millbrook area can be challenging. Home prices in Millbrook are now at a median cost of $140,793, lower than the Alabama average of $185,232.

The average cost of rent is $1,010/mo in Millbrook, primarily driven by the current value of real estate in the Millbrook area. While nearly 32.12% of residents own their homes outright in Millbrook, 28.92% rent.

Housing affordability isn’t just about home prices, though. The average household income in Millbrook is $4,761 per month. Households that rent pay about 21.22% of their income on rent here. Millbrook's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.


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