Home prices
The median home cost in Sweetwater is $178,700. This is about $126,840 (41%) lower in comparison to other places in this area.It is about $38,800 (17%) lower compared to the rest of the nation, and is roughly $139,000 (43%) lower compared to the city of Miami.
Rents
The median monthly rent in Sweetwater is $1,330. This is about $255 (16%) lower compared to its nearby areas.It is roughly $268 (25%) higher in comparison to the US as a whole, and it is roughly $147 (12%) higher in comparison to the city of Miami.
Nearby places
Fountainebleau
Fountainebleau is Sweetwater's neighbor to the east. Its housing prices are a bit more expensive. Fountainebleau's median home cost is $190,300, which comes out to $11,600 (6%) higher than Sweetwater. Rent there is a bit more expensive. The median monthly rent in Fountainebleau is $1,586, which is $256 (16%) higher than Sweetwater.
University Park
University Park is Sweetwater's neighbor to the south. The real estate prices there are significantly more expensive. The value of the median home in University Park is $312,200, which works out to $133,500 (42%) higher than Sweetwater. Rents there are fairly similar. University Park's median monthly rent is $1,350, which is $20 (1%) higher than Sweetwater.
Doral
Doral is Sweetwater's neighbor to the north. The housing prices there are significantly more expensive. The median home in Doral is valued at $394,900, which is $216,200 (54%) higher than Sweetwater. Its rents are a lot more expensive. In Doral the median monthly rent is $1,991, which is $661 (33%) higher than Sweetwater.
Tamiami
Tamiami is about 2 miles southwest of Sweetwater. The real estate prices there are substantially more expensive. The median home in Tamiami costs $297,700, which works out to $119,000 (39%) higher than Sweetwater. Its rents are a bit more expensive. In Tamiami the median rent is $1,614 a month, which works out to $284 (17%) higher than Sweetwater.
Westchester
Westchester is approximately 3 miles southeast from Sweetwater. The real estate prices there are significantly more expensive. The price of the median home in Westchester is $332,600, which comes out to $153,900 (46%) higher than Sweetwater. The rent there is pretty similar. Westchester's median monthly rent is $1,383, which comes out to $53 (3%) higher than Sweetwater.