Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Brook Park

Learn about the people, housing, costs and businesses in Brook Park, Ohio

Median Home$169,267
Median Rent$1,218/month
Population18,284
Leading IndustriesFinance & Insurance · Transportation · Information & Media9% finance & insurance
Home Value Growth⬆⬆+15.3% over 2 years
Retirees21% of residentsnear the national average
Homeowners83% of occupied units
NotableAmenity Score69/100 · highly walkable area
Brook Park
OH

Frequently Asked Questions

What are today's mortgage rates in Brook Park?

As of today, the 30-year fixed mortgage rate for Brook Park is approximately 7.021% (7.065% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Brook Park
What is the median home price in Brook Park?

The median home value in Brook Park is $169k. The median monthly rent is $1,218. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brook Park?

Home values in Brook Park have increased 15.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Brook Park?

Based on a typical all-in ownership cost of $1,032/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brook Park is $71k/year.

Calculate your buying power
What industries drive the economy in Brook Park?

The largest employment sectors in Brook Park are public administration (22%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.