Brookfield Village renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Brookfield Village is about $1,608 per month. This puts it in the 29th percentile compared to the city average cost of rent, which is $1,837. Households in Brookfield Village have a median income of $6,507 per month so the average renter in Brookfield Village is spending roughly 25% of their earnings on housing.
Nationally, and in Brookfield Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in Brookfield Village is $457,978 right now, which is lower than nearby neighborhoods, meaning that rents in Brookfield Village also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Brookfield Village while lower rent rates are often available in southeastern areas.
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