The Most Affordable Neighborhoods in Mountain Brook, AL by Home Value

 

Mountain Brook, AL Map of Most Affordable Neighborhoods
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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 $887,576, higher than the Alabama average of $228,911.

The average cost of rent is $1,531/mo in Mountain Brook, primarily driven by the current value of real estate in the Mountain Brook area. In Mountain Brook, 14.77% of households rent, and 40.64% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mountain Brook is $15,106 per month. Households that rent pay about 10.14% of their income on rent here. Mountain Brook’s most expensive areas are in the western 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.


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