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Affordable
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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 $208,793, lower than the Alabama average of $228,911.
The average cost of rent is $1,188/mo in Millbrook, primarily driven by the current value of real estate in the Millbrook area. In Millbrook, 29.39% of households rent, and 35.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millbrook is $5,535 per month. Households that rent pay about 21.46% of their income on rent here. Millbrook’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Coosada, AL: less expensive homes
- Elmore, AL: less expensive homes
- Pine Level, AL: equally priced homes
- Stoney Point, AL: higher priced homes
- Prattville, AL: higher priced homes
- North Elmore, AL: less expensive homes
- Deatsville, AL: higher priced homes
- Holtville, AL: higher priced homes
- Pine Flat, AL: higher priced homes
- Poseys Crossroads, AL: higher priced homes
Cities with Similar Populations
- Sterling, CO: higher priced homes
- Massapequa Park, NY: higher priced homes
- Monroe, OH: higher priced homes
- Monmouth Junction, NJ: higher priced homes
- Molalla, OR: higher priced homes
- Mission, KS: higher priced homes
- Minden, LA: less expensive homes
- Middlesex, NJ: higher priced homes
- Middleburg Heights, OH: higher priced homes
- Miami, OK: less expensive homes
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