Home prices
The median home value in South Palm Beach is $262,300. This is about $79,620 (43%) higher compared to nearby areas.Compared to the country as a whole it is about $44,800 (20%) higher, and compared to the city of Miami is roughly $55,400 (17%) lower.
Rents
In South Palm Beach the median monthly rent is $1,500. This is roughly $237 (18%) higher in comparison to other places in this area.It is approximately $438 (41%) higher in comparison to the nation as a whole, and is roughly $317 (26%) higher compared to the city of Miami.
Nearby places
Lantana
Lantana is South Palm Beach's neighbor to the southwest. Housing prices there are a bit less expensive. The median home in Lantana is valued at $225,600, which comes out to $36,700 (16%) lower than South Palm Beach. Rent there is significantly less expensive. Lantana's median rent is $1,130 per month, which is $370 (32%) lower than South Palm Beach.
Hypoluxo
Hypoluxo is roughly 2 miles south of South Palm Beach. Its real estate prices are a little less expensive. Hypoluxo's median home price is $229,600, which is $32,700 (14%) lower than South Palm Beach. Its rents are pretty similar. The median rent in Hypoluxo is $1,513 a month, which is very similar to South Palm Beach.
San Castle
San Castle is approximately 2 miles southwest of South Palm Beach. Real estate prices there are substantially less expensive. The median home in San Castle is valued at $121,700, which is $140,600 (115%) lower than South Palm Beach. Rent there is a little less expensive. The median rent in San Castle is $1,233 a month, which comes out to $267 (21%) lower than South Palm Beach.
Lake Worth
Lake Worth is roughly 2 miles northwest of South Palm Beach. Its housing prices are substantially less expensive. The median home in Lake Worth is valued at $194,300, which is $68,000 (34%) lower than South Palm Beach. Rents there are substantially less expensive. The median monthly rent in Lake Worth is $1,126, which comes out to $374 (33%) lower than South Palm Beach.
Seminole Manor
Seminole Manor is approximately 3 miles west from South Palm Beach. Housing prices there are a lot less expensive. The median home in Seminole Manor is valued at $142,200, which comes out to $120,100 (84%) lower than South Palm Beach. Rents there are a bit less expensive. Seminole Manor's median rent is $1,315 per month, which comes out to $185 (14%) lower than South Palm Beach.