Home prices
North Miami's median home cost is $202,600. This is roughly $299,960 (59%) lower compared to nearby areas.In comparison to the rest of the nation it is about $14,900 (6%) lower, and compared to the city of Miami is roughly $115,100 (36%) lower.
Rents
In North Miami the median monthly rent is $1,172. It is approximately $294 (20%) lower compared to its surrounding areas.It is about $110 (10%) higher in comparison to the entire country, and it is is very similar compared to the city of Miami.
Nearby places
Biscayne Park
Biscayne Park is North Miami's neighbor to the southwest. Its housing prices are substantially more expensive. The median home in Biscayne Park is valued at $457,300, which is $254,700 (55%) higher than North Miami. The rent there is somewhat more expensive. In Biscayne Park the median monthly rent is $1,389, which comes out to $217 (15%) higher than North Miami.
Golden Glades
Golden Glades is North Miami's neighbor to the northwest. Its real estate prices are a bit more expensive. The median home in Golden Glades costs $231,300, which comes out to $28,700 (12%) higher than North Miami. Rents there are pretty similar. In Golden Glades the median monthly rent is $1,127, which works out to $45 (3%) lower than North Miami.
North Miami Beach
North Miami Beach is North Miami's neighbor to the north. Housing prices there are fairly similar. The median home value in North Miami Beach is $194,300, which is $8,300 (4%) lower than North Miami. Rents there are similar. North Miami Beach's median rent is $1,195 per month, which works out to $23 (1%) higher than North Miami.
Bay Harbor Islands
Bay Harbor Islands is about 2 miles southeast of North Miami. The real estate prices there are substantially more expensive. The median home in Bay Harbor Islands is valued at $362,300, which works out to $159,700 (44%) higher than North Miami. Rent there is a lot more expensive. In Bay Harbor Islands the median monthly rent is $1,774, which is $602 (33%) higher than North Miami.
Bal Harbour
Bal Harbour is roughly 2 miles east from North Miami. Its housing prices are significantly more expensive. The median home cost in Bal Harbour is $1,267,600, which comes out to $1,065,000 (84%) higher than North Miami. Its rents are a lot more expensive. In Bal Harbour the median monthly rent is $1,845, which works out to $673 (36%) higher than North Miami.
