Much like other places in this area, it is somewhat more expensive compared to the entire nation. However compared to the city of Miami, it's somewhat less expensive.
Home prices
Royal Palm Beach's median home value is $273,900. Compared to other places in this area it is roughly $10,300 (3%) higher.Compared to the entire nation it is roughly $56,400 (25%) higher, and is roughly $43,800 (13%) lower in comparison to the city of Miami.
Rents
The median monthly rent in Royal Palm Beach is $1,743. In comparison to its surrounding areas this is roughly $244 (16%) higher.In comparison to the entire country it is about $681 (64%) higher, and compared to the city of Miami is approximately $560 (47%) higher.
Nearby places
Loxahatchee Groves
Loxahatchee Groves is Royal Palm Beach's neighbor to the west. The real estate prices there are somewhat more expensive. Loxahatchee Groves's median home price is $386,300, which comes out to $112,400 (29%) higher than Royal Palm Beach. The rent there is somewhat less expensive. Loxahatchee Groves's median rent is $1,401 a month, which is $342 (24%) lower than Royal Palm Beach.
Wellington
Wellington is Royal Palm Beach's neighbor to the southwest. The housing prices there are a bit more expensive. Wellington's median home price is $382,000, which works out to $108,100 (28%) higher than Royal Palm Beach. Rents there are a bit more expensive. The median rent in Wellington is $1,867 per month, which is $124 (6%) higher than Royal Palm Beach.
Lake Belvedere Estates
Lake Belvedere Estates is roughly 5 miles east of Royal Palm Beach. Its housing prices are a little less expensive. The median home price in Lake Belvedere Estates is $211,900, which comes out to $62,000 (29%) lower than Royal Palm Beach. Rents there are a bit less expensive. The median monthly rent in Lake Belvedere Estates is $1,545, which works out to $198 (12%) lower than Royal Palm Beach.
Royal Palm Estates
Royal Palm Estates is approximately 5 miles east of Royal Palm Beach. Housing prices there are significantly less expensive. The median home cost in Royal Palm Estates is $123,600, which works out to $150,300 (121%) lower than Royal Palm Beach. Rents there are a lot less expensive. Royal Palm Estates's median monthly rent is $1,244, which works out to $499 (40%) lower than Royal Palm Beach.
Haverhill
Haverhill is about 5 miles east from Royal Palm Beach. The real estate prices there are a little less expensive. The median home in Haverhill is valued at $214,200, which is $59,700 (27%) lower than Royal Palm Beach. Its rents are somewhat less expensive. Haverhill's median monthly rent is $1,437, which is $306 (21%) lower than Royal Palm Beach.
