Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bal Harbour area can be challenging. Home prices in Bal Harbour are now at a median cost of $1,420,900, higher than the Florida average of $278,762.
The average cost of rent is $2,224/mo in Bal Harbour, primarily driven by the current value of real estate in the Bal Harbour area. While nearly 67.87% of residents own their homes outright in Bal Harbour, 20.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bal Harbour is $6,435 per month. Households that rent pay about 34.56% of their income on rent here. Bal Harbour's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bay Harbor Islands, FL: less expensive homes
- Surfside, FL: less expensive homes
- Indian Creek, FL: less expensive homes
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- Sunny Isles Beach, FL: less expensive homes
- North Miami Beach, FL: less expensive homes
- North Miami, FL: less expensive homes
- Biscayne Park, FL: less expensive homes
- Aventura, FL: less expensive homes
- Miami Shores, FL: less expensive homes
Cities with Similar Populations
- Sands Point, NY: higher priced homes
- Carson, WA: less expensive homes
- Crownpoint, NM: less expensive homes
- Whitmire, SC: less expensive homes
- Southern Shores, NC: less expensive homes
- Summit Hill, PA: less expensive homes
- Middlefield, CT: less expensive homes
- Moss Beach, CA: less expensive homes
- Julian, NC: less expensive homes
- Haskell, OK: less expensive homes
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