Home prices
The median home in Miami Lakes costs $386,900. It is approximately $154,760 (66%) higher compared to its nearby areas.It is approximately $169,400 (77%) higher in comparison to the rest of the nation, and compared to the city of Miami is about $69,200 (21%) higher.
Rents
The median monthly rent in Miami Lakes is $1,563. Compared to its surrounding areas this is approximately $89 (6%) higher.It is roughly $501 (47%) higher compared to the nation as a whole, and it is roughly $380 (32%) higher in comparison to the city of Miami.
Nearby places
Palm Springs North
Palm Springs North is Miami Lakes's neighbor to the north. The real estate prices there are a little less expensive. The median home in Palm Springs North is valued at $344,000, which works out to $42,900 (12%) lower than Miami Lakes. The rent there is a lot more expensive. Palm Springs North's median rent is $2,357 per month, which works out to $794 (33%) higher than Miami Lakes.
Country Club
Country Club is Miami Lakes's neighbor to the north. Housing prices there are substantially less expensive. The median home in Country Club costs $224,900, which comes out to $162,000 (72%) lower than Miami Lakes. Rent there is a little less expensive. The median rent in Country Club is $1,414 a month, which works out to $149 (10%) lower than Miami Lakes.
Hialeah
Hialeah is Miami Lakes's neighbor to the south. The housing prices there are a lot less expensive. Hialeah's median home value is $228,600, which comes out to $158,300 (69%) lower than Miami Lakes. Its rents are a lot less expensive. Hialeah's median monthly rent is $1,170, which is $393 (33%) lower than Miami Lakes.
Hialeah Gardens
Hialeah Gardens is roughly 2 miles southwest of Miami Lakes. Housing prices there are significantly less expensive. The cost of the median home in Hialeah Gardens is $208,900, which comes out to $178,000 (85%) lower than Miami Lakes. Rents there are similar. The median monthly rent in Hialeah Gardens is $1,523, which comes out to $40 (2%) lower than Miami Lakes.
Opa-locka
Opa-locka is about 3 miles east of Miami Lakes. Its housing prices are significantly less expensive. The median home in Opa-locka is valued at $154,300, which works out to $232,600 (150%) lower than Miami Lakes. Its rents are substantially less expensive. Opa-locka's median monthly rent is $904, which works out to $659 (72%) lower than Miami Lakes.