Royal Palm Acres, Broward County, FL

Median Home Price Price

$556,534 $556.5K

Median Monthly Rent Rent

$2,211 $2.2K

21.0x

Market Snapshot

Royal Palm Acres, Broward County, FL is a neighborhood market with a median home price of $556,534, a median monthly rent of $2,211, a GRM of 21.0x, and a price-to-rent ratio of 21.0.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price Similar rent
High confidence
Price $367.6K
Rent $2.3K
GRM 13.0x
Explore the data
Region Show
$509K $2.6K 16.0x
$599K $2.2K 23.0x
Harmony Estates
$699K $2.3K 25.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$478K $2.3K 18.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Royal Palm Acres

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Benchmark comparison

Rent in Royal Palm Acres, FL is 14.5% lower than Palm Aire Village (WEST), FL.

Royal Palm Acres, FL
Palm Aire Village (WEST), FL
Delta
Median rent
$2,211
$2,586
+$375
Median price
$556,534
$508,857
-$47,677
YoY change
-$8
-$7
+$1
Price-to-rent
21.0x
16.4x
-4.6x

Key takeaways

  • Royal Palm Acres, Broward County, FL has a higher-grm screening profile: At 21.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent is down about $8 year over year, so use alternatives to test whether the trend is market-specific.
  • Rent in Royal Palm Acres, FL is 14.5% lower than Palm Aire Village (WEST), FL.