Home prices
The median home in Bay Harbor Islands costs $362,300. It is about $260,040 (41%) lower in comparison to its nearby areas.It is about $144,800 (66%) higher compared to the United States as a whole, and it is roughly $44,600 (14%) higher in comparison to the city of Miami.
Rents
Bay Harbor Islands's median rent is $1,774 a month. This is about $193 (12%) higher in comparison to its nearby areas.It is roughly $712 (67%) higher in comparison to the entire nation, and compared to the city of Miami is roughly $591 (49%) higher.
Nearby places
Bal Harbour
Bal Harbour is about 0.6 miles northeast from Bay Harbor Islands. Real estate prices there are substantially more expensive. The value of the median home in Bal Harbour is $1,267,600, which comes out to $905,300 (71%) higher than Bay Harbor Islands. Rent there is pretty similar. Bal Harbour's median rent is $1,845 per month, which works out to $71 (3%) higher than Bay Harbor Islands.
Surfside
Surfside is about 0.9 miles southeast of Bay Harbor Islands. Housing prices there are significantly more expensive. The median home in Surfside costs $625,500, which is $263,200 (42%) higher than Bay Harbor Islands. Rents there are somewhat more expensive. The median rent in Surfside is $1,977 per month, which works out to $203 (10%) higher than Bay Harbor Islands.
North Miami
North Miami is about 2 miles northwest from Bay Harbor Islands. Its housing prices are a lot less expensive. The value of the median home in North Miami is $202,600, which comes out to $159,700 (78%) lower than Bay Harbor Islands. Rent there is significantly less expensive. North Miami's median rent is $1,172 per month, which is $602 (51%) lower than Bay Harbor Islands.
Biscayne Park
Biscayne Park is roughly 2 miles west of Bay Harbor Islands. Housing prices there are a little more expensive. The median home cost in Biscayne Park is $457,300, which is $95,000 (20%) higher than Bay Harbor Islands. Rent there is somewhat less expensive. Biscayne Park's median monthly rent is $1,389, which works out to $385 (27%) lower than Bay Harbor Islands.
Miami Shores
Miami Shores is approximately 3 miles southwest of Bay Harbor Islands. Housing prices there are a lot more expensive. The median home in Miami Shores costs $558,700, which works out to $196,400 (35%) higher than Bay Harbor Islands. Its rents are a bit less expensive. In Miami Shores the median rent is $1,523 per month, which is $251 (16%) lower than Bay Harbor Islands.
