A typical Brooklyn home is worth roughly $38,000
What kind of housing town is Brooklyn?
Read from the numbers below. The page puts what stands out first.
A typical home costs 1.2 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Brooklyn home, with $67K to spare.
A two-bedroom rents for about $990 a month here, $730 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $990
Renters already here pay a median of $904.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (St. Louis, MO-IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
45% of Brooklyn households own their home
Half of Brooklyn’s homes were built before 1964.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Brooklyn vs. its neighbors
Brooklyn is the least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Brooklyn | $38K* | — | $990 | — | $30,673 |
| Madison | $56K | −8.6% | $1,060 | 0 | $49,326 |
| Fairmont City | $67K | −2.4% | $1,010 | — | $48,147 |
| Venice | $54K* | — | $1,010 | 1 | $32,066 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Brooklyn buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.