Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mountain Brook area can be challenging. Home prices in Mountain Brook are now at a median cost of $666,362, higher than the Alabama average of $185,232.
The average cost of rent is $1,720/mo in Mountain Brook, primarily driven by the current value of real estate in the Mountain Brook area. While nearly 40.60% of residents own their homes outright in Mountain Brook, 13.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mountain Brook is $12,764 per month. Households that rent pay about 13.48% of their income on rent here. Mountain Brook's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Birmingham, AL: less expensive homes
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- Meadowbrook, AL: less expensive homes
- Hoover, AL: less expensive homes
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- Simmsville, AL: less expensive homes
- Fairfield, AL: less expensive homes
Cities with Similar Populations
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- King George, VA: less expensive homes
- Lemont, IL: less expensive homes
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- Lynden, WA: less expensive homes
- Machesney Park, IL: less expensive homes
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