Home prices
The value of the median home in Florida Ridge is $141,200. Compared to other places in this area this is roughly $54,860 (27%) lower.It is about $76,300 (35%) lower compared to the entire nation, and it is roughly $98,800 (41%) lower compared to the city of Orlando.
Rents
Florida Ridge's median rent is $1,089 per month. It is roughly $141 (14%) higher in comparison to nearby areas.It is roughly $27 (2%) higher in comparison to the United States as a whole, and is approximately $107 (8%) lower in comparison to the city of Orlando.
Nearby places
Vero Beach South
Vero Beach South is Florida Ridge's neighbor to the northwest. Its real estate prices are somewhat more expensive. The median home in Vero Beach South costs $184,200, which is $43,000 (23%) higher than Florida Ridge. Rents there are a bit less expensive. In Vero Beach South the median rent is $929 per month, which is $160 (17%) lower than Florida Ridge.
Lakewood Park
Lakewood Park is Florida Ridge's neighbor to the south. Real estate prices there are a bit less expensive. The median home price in Lakewood Park is $131,100, which works out to $10,100 (7%) lower than Florida Ridge. Rent there is a little less expensive. Lakewood Park's median monthly rent is $975, which works out to $114 (11%) lower than Florida Ridge.
Vero Beach
Vero Beach is approximately 5 miles north from Florida Ridge. Housing prices there are substantially more expensive. The median home cost in Vero Beach is $259,800, which works out to $118,600 (45%) higher than Florida Ridge. Rents there are somewhat less expensive. In Vero Beach the median monthly rent is $890, which comes out to $199 (22%) lower than Florida Ridge.
St. Lucie Village
St. Lucie Village is roughly 6 miles south from Florida Ridge. The housing prices there are substantially more expensive. The cost of the median home in St. Lucie Village is $350,000, which is $208,800 (59%) higher than Florida Ridge. Rent there is a bit less expensive. The median monthly rent in St. Lucie Village is $865, which comes out to $224 (25%) lower than Florida Ridge.
West Vero Corridor
West Vero Corridor is roughly 7 miles northwest from Florida Ridge. Its real estate prices are substantially less expensive. The median home price in West Vero Corridor is $55,200, which is $86,000 (155%) lower than Florida Ridge. Rent there is pretty similar. West Vero Corridor's median monthly rent is $1,081, which is very similar to Florida Ridge.