Much like its nearby areas, it's a bit more expensive compared to the entire country. Compared to the city of Orlando, it is a little more expensive.
Home prices
The median home in Vero Beach costs $259,800. It is approximately $5,080 (1%) lower compared to other places in this area.Compared to the entire nation it is roughly $42,300 (19%) higher, and compared to the city of Orlando it is approximately $19,800 (8%) higher.
Rents
The median monthly rent in Vero Beach is $890. Compared to nearby areas it is roughly $107 (10%) lower.In comparison to the entire country it is approximately $172 (16%) lower, and in comparison to the city of Orlando is about $306 (25%) lower.
Nearby places
Gifford
Gifford is Vero Beach's neighbor to the northwest. The housing prices there are a little less expensive. The median home in Gifford is valued at $231,100, which comes out to $28,700 (12%) lower than Vero Beach. The rent there is a little less expensive. The median monthly rent in Gifford is $789, which comes out to $101 (12%) lower than Vero Beach.
Vero Beach South
Vero Beach South is Vero Beach's neighbor to the southwest. Its real estate prices are substantially less expensive. The median home cost in Vero Beach South is $184,200, which works out to $75,600 (41%) lower than Vero Beach. Its rents are fairly similar. The median rent in Vero Beach South is $929 a month, which is $39 (4%) higher than Vero Beach.
Indian River Shores
Indian River Shores is Vero Beach's neighbor to the north. The housing prices there are a lot more expensive. The median home cost in Indian River Shores is $712,700, which is $452,900 (63%) higher than Vero Beach. The rent there is somewhat more expensive. In Indian River Shores the median monthly rent is $1,096, which is $206 (18%) higher than Vero Beach.
West Vero Corridor
West Vero Corridor is Vero Beach's neighbor to the west. Real estate prices there are a lot less expensive. The median home in West Vero Corridor is valued at $55,200, which is $204,600 (370%) lower than Vero Beach. Rent there is somewhat more expensive. The median rent in West Vero Corridor is $1,081 a month, which works out to $191 (17%) higher than Vero Beach.
Florida Ridge
Florida Ridge is approximately 5 miles south of Vero Beach. Its housing prices are substantially less expensive. The value of the median home in Florida Ridge is $141,200, which comes out to $118,600 (83%) lower than Vero Beach. Rent there is somewhat more expensive. Florida Ridge's median monthly rent is $1,089, which comes out to $199 (18%) higher than Vero Beach.
