Most Expensive Neighborhoods in Miami
Ever wondered where the rich live in Miami? Curious what are the most expensive places to live in Miami? We’ve got you covered. If you're planning to move or looking to buy a property in this area, knowing how much you are expected to shell out will definitely help. To find out the most expensive neighborhood in Miami, we've taken into account the median home prices as well as the price per sq.ft. Some of the results did surprise us!
Check Out The Top 10 Most Expensive Neighborhoods To Live In Miami:
1. Venetian Islands
With a median home price of $1,100,202 and a median rent of $2,182, Venetian Islands is the most expensive neighborhood on our list. Based on the growth in home prices in Venetian Islands over the last 3 years, it ranks No.1 among all the neighborhoods in Miami.
  Learn more about the housing market in Venetian Islands
Must Know:
Venetian Islands scores below average in terms of transportation. Almost all errands require a car.
Is Venetian Islands a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Venetian Islands.
Most Expensive Home in Venetian Islands
2. Coconut Grove
The next neighborhood on the list is Coconut Grove with a median home price of $1,373,681 and a median rent of $1,544.
  Learn more about the housing market in Coconut Grove
Must Know:
Coconut Grove scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Coconut Grove a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Coconut Grove.
Most Expensive Home in Coconut Grove
3. Wynwood
Following the first two most expensive neighborhoods to live in Miami is Wynwood with a median home price of $614,770 and a median rent of $1,702.
  Learn more about the housing market in Wynwood
Must Know:
Wynwood scores really well in terms of transportation. Daily errands do not require a car.
Is Wynwood a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Wynwood.
Most Expensive Home in Wynwood
4. Brickell
With a median home price of $709,988 and a median rent of $1,924, Brickell is 4th on our list.
  Learn more about the housing market in Brickell
Must Know:
Brickell scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Brickell a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Brickell.
Most Expensive Home in Brickell
5. Edgewater
Next up is Edgewater with a median home price of $675,362 and a median rent of $1,712.
  Learn more about the housing market in Edgewater
Must Know:
Edgewater scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Edgewater a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Edgewater.
Most Expensive Home in Edgewater
6. Downtown
The next neighborhood on the list of most expensive neighborhoods to live in Miami is Downtown with a median home price of $545,252 and a median rent of $1,493.
  Learn more about the housing market in Downtown
Must Know:
Downtown scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Downtown a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Downtown.
Most Expensive Home in Downtown
7. Upper East Side
Next on the list is Upper East Side with a median home price of $575,505 and a median rent of $1,213.
  Learn more about the housing market in Upper East Side
Must Know:
Upper East Side scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Upper East Side a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Upper East Side.
Most Expensive Home in Upper East Side
8. Central Downtown
With a median home price of $595,409 and a median rent of $812, Central Downtown is 8th on our list.
  Learn more about the housing market in Central Downtown
Must Know:
Central Downtown scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Central Downtown a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Central Downtown.
Most Expensive Home in Central Downtown
9. Douglas Park
Second to the last is Douglas Park with a median home price of $719,998 and a median rent of $1,599.
  Learn more about the housing market in Douglas Park
Must Know:
Douglas Park scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Douglas Park a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Douglas Park.
Most Expensive Home in Douglas Park
10. Shenandoah
Rounding up our list of top 10 cheapest neighborhoods to live in Miami is Shenandoah with a median home price of $595,409 and a median rent of $1,318.
  Learn more about the housing market in Shenandoah
Must Know:
Shenandoah scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Shenandoah a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Shenandoah.
