| Miami Beach, FL | |
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| State | Florida |
| Population | 90,108 |
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Similar to the surrounding areas, it's substantially more expensive compared to the entire country. Compared to even the city of Miami, it's a lot more expensive.
Miami Beach's median home cost is $459,000. Compared to nearby areas it is is very similar.It is roughly $241,500 (111%) higher compared to the entire country, and compared to the city of Miami it is roughly $141,300 (44%) higher.
In Miami Beach the median monthly rent is $1,396. This is approximately $232 (14%) lower in comparison to nearby areas.Compared to the country as a whole it is about $334 (31%) higher, and it is about $213 (18%) higher compared to the city of Miami.
North Bay Village is Miami Beach's neighbor to the north. Its housing prices are significantly less expensive. The median home price in North Bay Village is $331,500, which works out to $127,500 (38%) lower than Miami Beach. Its rents are a little more expensive. In North Bay Village the median rent is $1,764 per month, which works out to $368 (20%) higher than Miami Beach.
Miami Shores is Miami Beach's neighbor to the northwest. Real estate prices there are a bit more expensive. The median home in Miami Shores is valued at $558,700, which is $99,700 (17%) higher than Miami Beach. The rent there is a little more expensive. In Miami Shores the median monthly rent is $1,523, which works out to $127 (8%) higher than Miami Beach.
Surfside is Miami Beach's neighbor to the north. Real estate prices there are a bit more expensive. The median home in Surfside is valued at $625,500, which works out to $166,500 (26%) higher than Miami Beach. Rents there are a little more expensive. In Surfside the median monthly rent is $1,977, which works out to $581 (29%) higher than Miami Beach.
El Portal is approximately 4 miles northwest of Miami Beach. The real estate prices there are somewhat less expensive. The median home in El Portal is valued at $396,400, which works out to $62,600 (15%) lower than Miami Beach. Its rents are a little less expensive. El Portal's median rent is $1,100 a month, which comes out to $296 (26%) lower than Miami Beach.
Bay Harbor Islands is roughly 5 miles north of Miami Beach. Housing prices there are somewhat less expensive. The median home in Bay Harbor Islands is valued at $362,300, which works out to $96,700 (26%) lower than Miami Beach. Rents there are a bit more expensive. The median rent in Bay Harbor Islands is $1,774 per month, which is $378 (21%) higher than Miami Beach.