Home prices
The median home in Melbourne Beach is valued at $368,000. This is about $111,120 (43%) higher compared to the surrounding areas.In comparison to the nation as a whole it is roughly $150,500 (69%) higher, and it is about $128,000 (53%) higher in comparison to the city of Orlando.
Rents
In Melbourne Beach the median rent is $1,968 a month. This is roughly $786 (66%) higher in comparison to the surrounding areas.Compared to the rest of the country it is approximately $906 (85%) higher, and in comparison to the city of Orlando it is about $772 (64%) higher.
Nearby places
Indialantic
Indialantic is Melbourne Beach's neighbor to the north. Its housing prices are pretty similar. The price of the median home in Indialantic is $374,500, which comes out to $6,500 (1%) higher than Melbourne Beach. Its rents are significantly less expensive. Indialantic's median rent is $1,220 per month, which works out to $748 (61%) lower than Melbourne Beach.
Melbourne Village
Melbourne Village is about 5 miles west of Melbourne Beach. The housing prices there are significantly less expensive. Melbourne Village's median home cost is $250,000, which is $118,000 (47%) lower than Melbourne Beach. Rent there is substantially less expensive. The median monthly rent in Melbourne Village is $950, which works out to $1,018 (107%) lower than Melbourne Beach.
Malabar
Malabar is approximately 6 miles south of Melbourne Beach. Real estate prices there are significantly less expensive. The median home in Malabar costs $266,500, which comes out to $101,500 (38%) lower than Melbourne Beach. The rent there is substantially less expensive. In Malabar the median rent is $1,362 per month, which is $606 (44%) lower than Melbourne Beach.
West Melbourne
West Melbourne is about 6 miles west of Melbourne Beach. Its housing prices are a lot less expensive. The median home in West Melbourne is valued at $224,400, which is $143,600 (63%) lower than Melbourne Beach. Its rents are substantially less expensive. The median monthly rent in West Melbourne is $1,349, which works out to $619 (45%) lower than Melbourne Beach.
Melbourne
Melbourne is approximately 6 miles northwest from Melbourne Beach. Real estate prices there are a lot less expensive. The median home in Melbourne costs $169,000, which works out to $199,000 (117%) lower than Melbourne Beach. Rent there is a lot less expensive. Melbourne's median rent is $1,030 per month, which works out to $938 (91%) lower than Melbourne Beach.
