Home prices
Rehoboth Beach's median home value is $1,017,100. This is about $638,340 (168%) higher compared to nearby areas.It is roughly $799,600 (367%) higher in comparison to the rest of the nation, and is roughly $854,100 (523%) higher in comparison to the city of Philadelphia.
Rents
The median rent in Rehoboth Beach is $1,261 per month. In comparison to its nearby areas it is is very similar.It is about $199 (18%) higher in comparison to the rest of the country, and compared to the city of Philadelphia it is about $219 (21%) higher.
Nearby places
Dewey Beach
Dewey Beach is approximately 1 mile south of Rehoboth Beach. Housing prices there are significantly less expensive. Dewey Beach's median home value is $615,400, which comes out to $401,700 (65%) lower than Rehoboth Beach. Rents there are fairly similar. The median monthly rent in Dewey Beach is $1,292, which comes out to $31 (2%) higher than Rehoboth Beach.
Lewes
Lewes is approximately 5 miles northwest of Rehoboth Beach. The real estate prices there are significantly less expensive. Lewes's median home price is $558,200, which comes out to $458,900 (82%) lower than Rehoboth Beach. The rent there is somewhat less expensive. The median rent in Lewes is $1,065 a month, which is $196 (18%) lower than Rehoboth Beach.
Long Neck
Long Neck is roughly 7 miles southwest of Rehoboth Beach. The real estate prices there are substantially less expensive. Long Neck's median home price is $72,900, which is $944,200 (1295%) lower than Rehoboth Beach. Its rents are a little more expensive. In Long Neck the median monthly rent is $1,365, which is $104 (7%) higher than Rehoboth Beach.
Milton
Milton is about 11 miles west from Rehoboth Beach. Housing prices there are substantially less expensive. Milton's median home cost is $300,900, which comes out to $716,200 (238%) lower than Rehoboth Beach. Its rents are substantially less expensive. Milton's median monthly rent is $944, which works out to $317 (33%) lower than Rehoboth Beach.
Ocean View
Ocean View is about 12 miles south from Rehoboth Beach. The housing prices there are substantially less expensive. Ocean View's median home cost is $346,400, which works out to $670,700 (193%) lower than Rehoboth Beach. The rent there is a bit more expensive. In Ocean View the median rent is $1,645 per month, which comes out to $384 (23%) higher than Rehoboth Beach.