Home prices
The median home value in Ocean Ridge is $993,200. It is roughly $448,560 (82%) higher in comparison to nearby areas.It is about $775,700 (356%) higher compared to the entire nation, and compared to the city of Miami it is about $675,500 (212%) higher.
Rents
In Ocean Ridge the median rent is $1,467 a month. It is about $124 (7%) lower compared to its surrounding areas.It is about $405 (38%) higher compared to the rest of the country, and in comparison to the city of Miami is about $284 (24%) higher.
Nearby places
Briny Breezes
Briny Breezes is Ocean Ridge's neighbor to the south. Housing prices there are substantially less expensive. The median home cost in Briny Breezes is $164,400, which comes out to $828,800 (504%) lower than Ocean Ridge. Rent there is a little more expensive. In Briny Breezes the median rent is $1,574 a month, which is $107 (6%) higher than Ocean Ridge.
Boynton Beach
Boynton Beach is Ocean Ridge's neighbor to the west. The housing prices there are substantially less expensive. Boynton Beach's median home value is $207,500, which is $785,700 (378%) lower than Ocean Ridge. Rents there are similar. The median rent in Boynton Beach is $1,501 per month, which comes out to $34 (2%) higher than Ocean Ridge.
Hypoluxo
Hypoluxo is roughly 2 miles north of Ocean Ridge. Its housing prices are substantially less expensive. The median home in Hypoluxo is valued at $229,600, which comes out to $763,600 (332%) lower than Ocean Ridge. Rents there are pretty similar. In Hypoluxo the median rent is $1,513 a month, which is $46 (3%) higher than Ocean Ridge.
San Castle
San Castle is roughly 2 miles north of Ocean Ridge. Its housing prices are substantially less expensive. San Castle's median home cost is $121,700, which works out to $871,500 (716%) lower than Ocean Ridge. Its rents are a little less expensive. San Castle's median monthly rent is $1,233, which is $234 (18%) lower than Ocean Ridge.
Gulf Stream
Gulf Stream is approximately 3 miles south of Ocean Ridge. The real estate prices there are significantly more expensive. Gulf Stream's median home cost is $2,000,001, which is $1,006,801 (50%) higher than Ocean Ridge. The rent there is a bit more expensive. Gulf Stream's median rent is $2,135 a month, which comes out to $668 (31%) higher than Ocean Ridge.
