Affordable
Expensive
Expensive
Colorblind friendly
off
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 $297,186, higher than the Grand Rapids average of $295,462.
The average cost of rent is $1,262/mo in Millbrook, primarily driven by the current value of real estate in the Millbrook area. In Millbrook, 41.90% of households rent, and 35.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millbrook is $6,165 per month. Households that rent pay about 20.47% of their income on rent here. Millbrook’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Alger Heights, Grand Rapids, MI: less expensive homes
- South East End, Grand Rapids, MI: less expensive homes
- Garfield Park, Grand Rapids, MI: less expensive homes
- Fuller Avenue, Grand Rapids, MI: less expensive homes
- Madison Area, Grand Rapids, MI: less expensive homes
- South East Community, Grand Rapids, MI: less expensive homes
- Eastown, Grand Rapids, MI: higher priced homes
- Roosevelt Park, Grand Rapids, MI: less expensive homes
- East Hills, Grand Rapids, MI: equally priced homes
- Heritage Hill, Grand Rapids, MI: higher priced homes
Neighborhoods with Similar Populations
- South Tabor, Portland, OR: higher priced homes
- Foothills, Henderson, NV: higher priced homes
- Franklin Heights, Milwaukee, WI: less expensive homes
- Grandmont-Rosedale, Detroit, MI: less expensive homes
- Gross Point, Wilmette, IL: higher priced homes
- Hillcrest-Bakersfield, Bakersfield, CA: less expensive homes
- Homaker Park, Bakersfield, CA: less expensive homes
- Idlewild South, Charlotte, NC: less expensive homes
- Inglewood-Riverwood, Nashville, TN: higher priced homes
- Inverness, Hoover, AL: higher priced homes
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