Much like nearby areas, it is somewhat less expensive compared to the United States as a whole. However it is significantly less expensive compared to the city of Miami.
Home prices
The median home in Ives Estates costs $195,700. It is about $9,440 (4%) lower compared to the surrounding areas.In comparison to the rest of the country it is roughly $21,800 (10%) lower, and it is about $122,000 (38%) lower compared to the city of Miami.
Rents
In Ives Estates the median monthly rent is $1,488. It is roughly $108 (7%) higher compared to its nearby areas.In comparison to the rest of the nation it is approximately $426 (40%) higher, and compared to the city of Miami it is about $305 (25%) higher.
Nearby places
Ojus
Ojus is Ives Estates's neighbor to the southeast. The housing prices there are a bit more expensive. The value of the median home in Ojus is $217,000, which comes out to $21,300 (9%) higher than Ives Estates. Its rents are a little less expensive. Ojus's median rent is $1,209 per month, which is $279 (23%) lower than Ives Estates.
West Park
West Park is Ives Estates's neighbor to the north. Its real estate prices are a little less expensive. The median home in West Park is valued at $174,800, which comes out to $20,900 (11%) lower than Ives Estates. Rent there is fairly similar. The median rent in West Park is $1,426 per month, which comes out to $62 (4%) lower than Ives Estates.
Pembroke Park
Pembroke Park is Ives Estates's neighbor to the north. Its real estate prices are substantially less expensive. The median home in Pembroke Park is valued at $84,400, which comes out to $111,300 (131%) lower than Ives Estates. The rent there is a little less expensive. In Pembroke Park the median monthly rent is $1,188, which is $300 (25%) lower than Ives Estates.
North Miami Beach
North Miami Beach is Ives Estates's neighbor to the south. Housing prices there are similar. The median home in North Miami Beach is valued at $194,300, which is very similar to Ives Estates. Rents there are a little less expensive. In North Miami Beach the median monthly rent is $1,195, which is $293 (24%) lower than Ives Estates.
Aventura
Aventura is about 2 miles east of Ives Estates. The housing prices there are significantly more expensive. Aventura's median home value is $355,200, which is $159,500 (44%) higher than Ives Estates. Rent there is somewhat more expensive. Aventura's median rent is $1,880 per month, which is $392 (20%) higher than Ives Estates.
