Home prices
The cost of the median home in Richmond West is $311,000. It is about $56,280 (22%) higher compared to nearby areas.In comparison to the rest of the country it is about $93,500 (42%) higher, and compared to the city of Miami is roughly $6,700 (2%) lower.
Rents
Richmond West's median monthly rent is $1,878. This is approximately $351 (23%) higher compared to its surrounding areas.It is approximately $816 (76%) higher in comparison to the entire country, and is about $695 (58%) higher in comparison to the city of Miami.
Nearby places
Country Walk
Country Walk is Richmond West's neighbor to the north. Housing prices there are a little more expensive. The median home in Country Walk is valued at $337,100, which comes out to $26,100 (7%) higher than Richmond West. The rent there is a little more expensive. Country Walk's median rent is $2,069 per month, which is $191 (9%) higher than Richmond West.
Three Lakes
Three Lakes is Richmond West's neighbor to the northeast. Housing prices there are somewhat less expensive. Three Lakes's median home price is $294,100, which works out to $16,900 (5%) lower than Richmond West. Rents there are fairly similar. In Three Lakes the median rent is $1,836 a month, which works out to $42 (2%) lower than Richmond West.
South Miami Heights
South Miami Heights is Richmond West's neighbor to the southeast. Its housing prices are significantly less expensive. The median home in South Miami Heights is valued at $226,300, which is $84,700 (37%) lower than Richmond West. The rent there is significantly less expensive. The median monthly rent in South Miami Heights is $1,179, which works out to $699 (59%) lower than Richmond West.
West Perrine
West Perrine is about 3 miles east of Richmond West. The real estate prices there are significantly less expensive. The median home cost in West Perrine is $205,100, which is $105,900 (51%) lower than Richmond West. Rent there is significantly less expensive. In West Perrine the median monthly rent is $1,071, which comes out to $807 (75%) lower than Richmond West.
Richmond Heights
Richmond Heights is about 3 miles northeast from Richmond West. Real estate prices there are significantly less expensive. Richmond Heights's median home price is $211,000, which comes out to $100,000 (47%) lower than Richmond West. The rent there is a little less expensive. In Richmond Heights the median rent is $1,478 a month, which is $400 (27%) lower than Richmond West.
