The Housing Market in Brookhaven Today
Brookhaven, a thriving suburb northeast of Atlanta, has seen steady growth in recent years due to its strong job market, excellent schools, and convenient access to downtown Atlanta via I-85 and the MARTA Gold Line. Major employers like Children’s Healthcare of Atlanta and Oglethorpe University fuel demand for housing, while new mixed-use developments along Peachtree Road attract young professionals and families.
Compared to nearby suburbs like Chamblee and Doraville, Brookhaven’s housing market tends to be slightly more expensive, with a mix of established neighborhoods and newer construction. However, it remains more affordable than intown Atlanta neighborhoods like Virginia-Highland or Morningside. As Brookhaven continues to grow, housing costs are expected to rise, making it important for residents to understand the full picture of renting and owning.
Renting in Brookhaven: Typical Costs and Trends
As of 2025, the average rent for a 1-bedroom apartment in Brookhaven is around $1,500 per month, while a 2-bedroom typically goes for $1,900 or more. Rents can vary significantly by neighborhood, with newer apartments near Town Brookhaven and along Dresden Drive commanding higher prices than older units in more residential areas.
Brookhaven attracts a mix of renters, including young professionals working in Central Perimeter or Buckhead, families drawn to the strong public schools, and empty nesters seeking a walkable, low-maintenance lifestyle. Proximity to I-85 and the Brookhaven MARTA station can also influence rent prices, with apartments closer to these transportation options often costing more.
Owning a Home in Brookhaven: Prices, Taxes, and HOA Fees
The median home price in Brookhaven as of 2025 is around $600,000, with prices ranging from the high $300s for older townhomes to over $1 million for new construction or larger homes in sought-after neighborhoods like Historic Brookhaven. Brookhaven’s property tax rate is 44.12 mills, which equates to about $2,647 annually for a $600,000 home.
Many neighborhoods in Brookhaven, particularly newer developments, have homeowners associations (HOAs) that charge monthly or annual fees. These fees typically cover common area maintenance, trash service, and amenities like pools, fitness centers, and security. HOA fees in Brookhaven can range from $200 to over $1,000 per month, depending on the community and its amenities. It’s important for homebuyers to factor in these additional costs when budgeting for a home purchase.
Apartment vs House in Brookhaven: Side-by-Side Costs
| Monthly Expense | Apartment (2BR) | House (3BR) |
|---|---|---|
| Rent/Mortgage Payment | $1,900 | $3,200 |
| Property Tax | N/A | $441 |
| Utilities | $150 | $300 |
| Insurance | $20 (renters) | $150 (homeowners) |
| HOA Fees | N/A | $400 |
| Maintenance | N/A | $200 |
| Monthly Total | $2,070 | $4,691 |
Utility & Upkeep Differences
Utility costs can vary significantly between apartments and houses in Brookhaven due to differences in square footage, energy efficiency, and billing arrangements. In an apartment, utilities like water, trash, and sometimes even heating may be included in the rent, while house residents typically pay for these separately. Cooling costs also tend to be higher in houses given Atlanta’s hot summers.
Maintenance is another key difference, with homeowners solely responsible for repairs, yard work, and upkeep, while apartment residents can rely on their landlord or property manager to handle these tasks. Homeowners in Brookhaven should budget 1-2% of their home’s value annually for maintenance.
5-Year Rent vs Buy Outlook
Over a 5-year period, renting in Brookhaven tends to be cheaper than owning, assuming a 20% down payment and current interest rates around 4%. Even factoring in modest home price appreciation of 2-3% per year, the high upfront costs of buying, including closing costs and the down payment, make renting more affordable in the short term.
However, this equation changes beyond 5-7 years, as the forced savings and equity building of homeownership start to outweigh the flexibility and lower monthly costs of renting. For those planning to stay in Brookhaven long-term, buying can make financial sense, but renting remains attractive for those who value mobility or aren’t ready for the responsibilities of homeownership.
FAQs About Housing Costs in Brookhaven
- How much are HOA fees in Brookhaven? HOA fees vary widely but typically range from $200 to over $1,000 per month.
- What is the property tax rate in Brookhaven? The 2025 millage rate is 44.12, or about $2,647 annually per $100,000 of home value.
- Is renting cheaper than buying long-term in Brookhaven? Renting is often cheaper in the first 5-7 years, but buying can be more cost-effective long-term.
- Do houses have higher utility costs than apartments? Yes, houses typically have higher utility costs due to their larger size and separate metering.
- What’s the monthly cost difference between apartments and houses in Brookhaven? Owning a home costs about $2,600 more per month on average compared to renting a 2-bedroom apartment.
Making Smart Housing Choices in Brookhaven
Housing costs are a major factor in any decision to rent or buy, but Brookhaven residents must also consider their lifestyle priorities and long-term goals. Renting offers more flexibility and predictable monthly costs, which can be ideal for those new to the area or unsure of their long-term plans. Meanwhile, buying can provide a sense of stability, community engagement, and wealth-building potential for those ready to commit to Brookhaven.
Regardless of whether you choose to rent or buy, it’s essential to understand the full picture of housing costs and plan accordingly. Prospective renters can check out our guide to Sample Monthly Budgets for Brookhaven in 2025 to get a sense of typical expenses, while potential buyers may want to review our Cost of Living in Brookhaven, GA: Full 2025 Breakdown for a comprehensive look at homeownership costs.
For those considering a move to Brookhaven, working with experienced professionals can help ensure a smooth transition. Our Best Moving Companies Guide can connect you with vetted providers to assist with relocation logistics.
Ultimately, the decision to rent or buy in Brookhaven is a personal one that depends on your unique circumstances and priorities. By understanding the local market conditions, assessing your short- and long-term needs, and planning for the full range of housing costs, you can make an informed choice that sets you up for success in this vibrant Atlanta suburb.