Home prices
The value of the median home in Lake Park is $201,400. In comparison to other places in this area it is about $81,820 (28%) lower.Compared to the nation as a whole it is roughly $16,100 (7%) lower, and is approximately $116,300 (36%) lower compared to the city of Miami.
Rents
The median rent in Lake Park is $1,140 per month. It is approximately $145 (11%) lower in comparison to nearby areas.It is about $78 (7%) higher in comparison to the entire nation, and compared to the city of Miami it is about $43 (3%) lower.
Nearby places
Riviera Beach
Riviera Beach is Lake Park's neighbor to the south. Housing prices there are a bit less expensive. The median home cost in Riviera Beach is $189,500, which is $11,900 (6%) lower than Lake Park. Its rents are similar. The median monthly rent in Riviera Beach is $1,177, which works out to $37 (3%) higher than Lake Park.
North Palm Beach
North Palm Beach is Lake Park's neighbor to the north. The housing prices there are substantially more expensive. The median home in North Palm Beach is valued at $328,100, which works out to $126,700 (38%) higher than Lake Park. Rents there are a bit more expensive. In North Palm Beach the median rent is $1,526 a month, which comes out to $386 (25%) higher than Lake Park.
Palm Beach Shores
Palm Beach Shores is roughly 2 miles southeast from Lake Park. The housing prices there are significantly more expensive. Palm Beach Shores's median home cost is $523,900, which comes out to $322,500 (61%) higher than Lake Park. Rents there are a little more expensive. Palm Beach Shores's median monthly rent is $1,344, which works out to $204 (15%) higher than Lake Park.
Mangonia Park
Mangonia Park is about 3 miles south from Lake Park. Its real estate prices are a lot less expensive. The cost of the median home in Mangonia Park is $125,700, which works out to $75,700 (60%) lower than Lake Park. Its rents are similar. The median rent in Mangonia Park is $1,188 per month, which works out to $48 (4%) higher than Lake Park.
Juno Ridge
Juno Ridge is roughly 3 miles north from Lake Park. The housing prices there are a bit more expensive. The median home in Juno Ridge costs $248,900, which works out to $47,500 (19%) higher than Lake Park. Rent there is fairly similar. Juno Ridge's median monthly rent is $1,188, which comes out to $48 (4%) higher than Lake Park.
