Home prices
The median home cost in Royal Palm Estates is $123,600. In comparison to its surrounding areas this is roughly $72,500 (36%) lower.It is about $93,900 (43%) lower compared to the entire nation, and it is approximately $194,100 (61%) lower compared to the city of Miami.
Rents
The median monthly rent in Royal Palm Estates is $1,244. It is about $167 (11%) lower compared to other places in this area.It is about $182 (17%) higher in comparison to the entire country, and is approximately $61 (5%) higher in comparison to the city of Miami.
Nearby places
Haverhill
Haverhill is Royal Palm Estates's neighbor to the north. The real estate prices there are a lot more expensive. The price of the median home in Haverhill is $214,200, which works out to $90,600 (42%) higher than Royal Palm Estates. Rent there is a bit more expensive. The median rent in Haverhill is $1,437 a month, which works out to $193 (13%) higher than Royal Palm Estates.
Lake Belvedere Estates
Lake Belvedere Estates is Royal Palm Estates's neighbor to the northwest. Real estate prices there are a lot more expensive. The median home price in Lake Belvedere Estates is $211,900, which is $88,300 (41%) higher than Royal Palm Estates. The rent there is somewhat more expensive. The median rent in Lake Belvedere Estates is $1,545 per month, which comes out to $301 (19%) higher than Royal Palm Estates.
Gun Club Estates
Gun Club Estates is roughly 1 mile southeast of Royal Palm Estates. The real estate prices there are substantially more expensive. The median home price in Gun Club Estates is $222,400, which comes out to $98,800 (44%) higher than Royal Palm Estates. Rent there is somewhat more expensive. In Gun Club Estates the median rent is $1,804 per month, which comes out to $560 (31%) higher than Royal Palm Estates.
Pine Air
Pine Air is approximately 2 miles southeast from Royal Palm Estates. Its housing prices are significantly more expensive. The median home in Pine Air is valued at $189,500, which is $65,900 (34%) higher than Royal Palm Estates. Rents there are a bit less expensive. In Pine Air the median rent is $1,144 a month, which is $100 (8%) lower than Royal Palm Estates.
Westgate
Westgate is roughly 2 miles northeast of Royal Palm Estates. Its housing prices are a little more expensive. The cost of the median home in Westgate is $142,500, which works out to $18,900 (13%) higher than Royal Palm Estates. Rent there is a little less expensive. The median monthly rent in Westgate is $1,127, which works out to $117 (10%) lower than Royal Palm Estates.
