Home prices
The median home in Southgate costs $256,200. It is approximately $23,060 (8%) lower compared to its nearby areas.It is approximately $38,700 (17%) higher in comparison to the US as a whole, and compared to the city of Tampa it is approximately $17,300 (7%) higher.
Rents
The median monthly rent in Southgate is $1,396. This is about $157 (12%) higher in comparison to its nearby areas.It is about $334 (31%) higher compared to the US as a whole, and is about $265 (23%) higher in comparison to the city of Tampa.
Nearby places
Ridge Wood Heights
Ridge Wood Heights is Southgate's neighbor to the south. Real estate prices there are a bit less expensive. The median home price in Ridge Wood Heights is $221,600, which works out to $34,600 (15%) lower than Southgate. The rent there is a little less expensive. In Ridge Wood Heights the median monthly rent is $1,135, which works out to $261 (22%) lower than Southgate.
Sarasota Springs
Sarasota Springs is Southgate's neighbor to the east. Housing prices there are a bit less expensive. Sarasota Springs's median home price is $207,300, which works out to $48,900 (23%) lower than Southgate. Its rents are fairly similar. In Sarasota Springs the median rent is $1,396 a month, which is very similar to Southgate.
South Gate Ridge
South Gate Ridge is Southgate's neighbor to the south. Its housing prices are similar. The cost of the median home in South Gate Ridge is $247,200, which is $9,000 (3%) lower than Southgate. Its rents are a little less expensive. The median rent in South Gate Ridge is $1,232 a month, which is $164 (13%) lower than Southgate.
South Sarasota
South Sarasota is Southgate's neighbor to the southwest. Its housing prices are a lot more expensive. The median home in South Sarasota costs $474,600, which is $218,400 (46%) higher than Southgate. Its rents are a lot less expensive. The median rent in South Sarasota is $1,037 per month, which comes out to $359 (34%) lower than Southgate.
Bee Ridge
Bee Ridge is approximately 2 miles southeast from Southgate. Real estate prices there are fairly similar. The median home in Bee Ridge is valued at $245,600, which works out to $10,600 (4%) lower than Southgate. Its rents are similar. In Bee Ridge the median monthly rent is $1,394, which is very similar to Southgate.
