Similar to nearby areas, it's a lot less expensive compared to the entire nation. Compared to the city of West Palm Beach, it's substantially less expensive.
Home prices
The median home in Okeechobee is valued at $113,700. This is roughly $2,660 (2%) higher compared to other places in this area.Compared to the rest of the nation it is roughly $103,800 (47%) lower, and is approximately $138,000 (54%) lower compared to the city of West Palm Beach.
Rents
Okeechobee's median rent is $775 a month. This is approximately $209 (21%) lower in comparison to other places in this area.It is roughly $287 (27%) lower in comparison to the United States as a whole, and it is roughly $528 (40%) lower compared to the city of West Palm Beach.
Nearby places
Cypress Quarters
Cypress Quarters is Okeechobee's neighbor to the northeast. The housing prices there are significantly less expensive. The median home in Cypress Quarters is valued at $72,800, which works out to $40,900 (56%) lower than Okeechobee. Its rents are similar. In Cypress Quarters the median monthly rent is $759, which works out to $16 (2%) lower than Okeechobee.
Taylor Creek
Taylor Creek is about 2 miles southeast from Okeechobee. Real estate prices there are significantly less expensive. The median home price in Taylor Creek is $85,200, which comes out to $28,500 (33%) lower than Okeechobee. Rents there are similar. Taylor Creek's median monthly rent is $788, which is $13 (1%) higher than Okeechobee.
Buckhead Ridge
Buckhead Ridge is about 9 miles south of Okeechobee. Real estate prices there are a bit less expensive. The value of the median home in Buckhead Ridge is $106,800, which works out to $6,900 (6%) lower than Okeechobee. Rents there are a bit more expensive. Buckhead Ridge's median monthly rent is $1,109, which comes out to $334 (30%) higher than Okeechobee.
Indiantown
Indiantown is approximately 24 miles southeast from Okeechobee. Its real estate prices are significantly less expensive. The median home in Indiantown is valued at $83,200, which works out to $30,500 (36%) lower than Okeechobee. Rents there are somewhat more expensive. In Indiantown the median rent is $849 per month, which works out to $74 (8%) higher than Okeechobee.
Port St. Lucie
Port St. Lucie is approximately 24 miles east of Okeechobee. The real estate prices there are a lot more expensive. The price of the median home in Port St. Lucie is $207,200, which works out to $93,500 (45%) higher than Okeechobee. Rent there is significantly more expensive. Port St. Lucie's median rent is $1,417 a month, which comes out to $642 (45%) higher than Okeechobee.
