Similar to nearby areas, it is substantially more expensive compared to the country as a whole. Compared to even the city of Miami, it is significantly more expensive.
Home prices
The price of the median home in Lauderdale-by-the-Sea is $441,000. In comparison to nearby areas it is roughly $10,340 (2%) lower.It is about $223,500 (102%) higher in comparison to the nation as a whole, and compared to the city of Miami it is approximately $123,300 (38%) higher.
Rents
The median monthly rent in Lauderdale-by-the-Sea is $1,422. This is about $248 (14%) lower in comparison to its nearby areas.It is about $360 (33%) higher in comparison to the US as a whole, and compared to the city of Miami is about $239 (20%) higher.
Nearby places
Sea Ranch Lakes
Sea Ranch Lakes is Lauderdale-by-the-Sea's neighbor to the north. Its real estate prices are substantially more expensive. The median home in Sea Ranch Lakes costs $1,167,800, which is $726,800 (62%) higher than Lauderdale-by-the-Sea. The rent there is significantly more expensive. Sea Ranch Lakes's median monthly rent is $3,150, which works out to $1,728 (54%) higher than Lauderdale-by-the-Sea.
Pompano Beach
Pompano Beach is Lauderdale-by-the-Sea's neighbor to the northwest. The housing prices there are significantly less expensive. The median home in Pompano Beach is valued at $213,700, which is $227,300 (106%) lower than Lauderdale-by-the-Sea. Rents there are a little less expensive. In Pompano Beach the median monthly rent is $1,265, which comes out to $157 (12%) lower than Lauderdale-by-the-Sea.
Fort Lauderdale
Fort Lauderdale is Lauderdale-by-the-Sea's neighbor to the southwest. Its housing prices are substantially less expensive. The median home in Fort Lauderdale costs $334,000, which is $107,000 (32%) lower than Lauderdale-by-the-Sea. Rent there is a little less expensive. Fort Lauderdale's median monthly rent is $1,293, which comes out to $129 (9%) lower than Lauderdale-by-the-Sea.
Oakland Park
Oakland Park is roughly 3 miles southwest of Lauderdale-by-the-Sea. Its housing prices are substantially less expensive. The median home in Oakland Park costs $214,600, which is $226,400 (105%) lower than Lauderdale-by-the-Sea. Its rents are a little less expensive. Oakland Park's median rent is $1,224 per month, which comes out to $198 (16%) lower than Lauderdale-by-the-Sea.
Wilton Manors
Wilton Manors is about 3 miles southwest from Lauderdale-by-the-Sea. The real estate prices there are a lot less expensive. The median home in Wilton Manors costs $326,600, which works out to $114,400 (35%) lower than Lauderdale-by-the-Sea. Its rents are fairly similar. Wilton Manors's median monthly rent is $1,420, which is very similar to Lauderdale-by-the-Sea.
