Home prices
The median home in West Melbourne costs $224,400. Compared to the surrounding areas it is about $48,820 (17%) lower.It is approximately $6,900 (3%) higher in comparison to the United States as a whole, and compared to the city of Orlando it is roughly $15,600 (6%) lower.
Rents
The median monthly rent in West Melbourne is $1,349. In comparison to its surrounding areas it is roughly $56 (4%) higher.In comparison to the country as a whole it is about $287 (27%) higher, and in comparison to the city of Orlando it is roughly $153 (12%) higher.
Nearby places
June Park
June Park is West Melbourne's neighbor to the west. Its real estate prices are a little less expensive. The value of the median home in June Park is $204,600, which is $19,800 (9%) lower than West Melbourne. The rent there is pretty similar. In June Park the median monthly rent is $1,295, which works out to $54 (4%) lower than West Melbourne.
Melbourne Village
Melbourne Village is West Melbourne's neighbor to the north. Its housing prices are a little more expensive. Melbourne Village's median home cost is $250,000, which works out to $25,600 (10%) higher than West Melbourne. Rent there is substantially less expensive. The median rent in Melbourne Village is $950 per month, which is $399 (41%) lower than West Melbourne.
Melbourne
Melbourne is West Melbourne's neighbor to the north. The housing prices there are significantly less expensive. The median home cost in Melbourne is $169,000, which comes out to $55,400 (32%) lower than West Melbourne. Rents there are a bit less expensive. Melbourne's median rent is $1,030 a month, which works out to $319 (30%) lower than West Melbourne.
Indialantic
Indialantic is about 5 miles east from West Melbourne. Its real estate prices are a lot more expensive. The median home in Indialantic is valued at $374,500, which works out to $150,100 (40%) higher than West Melbourne. The rent there is a little less expensive. The median monthly rent in Indialantic is $1,220, which works out to $129 (10%) lower than West Melbourne.
Melbourne Beach
Melbourne Beach is approximately 6 miles east from West Melbourne. Its real estate prices are a lot more expensive. The price of the median home in Melbourne Beach is $368,000, which works out to $143,600 (39%) higher than West Melbourne. Its rents are somewhat more expensive. Melbourne Beach's median monthly rent is $1,968, which works out to $619 (31%) higher than West Melbourne.
