Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Riviera area can be challenging. Home prices in Riviera are now at a median cost of $1,303,576, higher than the Coral Gables average of $1,055,735.
The average cost of rent is $2,827/mo in Riviera, primarily driven by the current value of real estate in the Riviera area. In Riviera, 29.57% of households rent, and 42.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riviera is $11,491 per month. Households that rent pay about 24.60% of their income on rent here. Riviera’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Italian Village, Coral Gables, FL: less expensive homes
- South Coconut Grove, Miami, FL: equally priced homes
- North Coconut Grove, Miami, FL: equally priced homes
- Coral Way, Miami, FL: less expensive homes
- West Flagler, Miami, FL: less expensive homes
- Flagami, Miami, FL: less expensive homes
- Little Havana, Miami, FL: less expensive homes
- Olympia Heights, Miami, FL: less expensive homes
- Allapattah, Miami, FL: less expensive homes
- Overtown, Miami, FL: less expensive homes
Neighborhoods with Similar Populations
- City Hall Monument District, New Britain, CT: less expensive homes
- Corwith, Chicago, IL: less expensive homes
- Desert Hills, Las Vegas, NV: less expensive homes
- Donelson, Nashville, TN: less expensive homes
- Downtown Columbus, Columbus, OH: less expensive homes
- Downtown Hampton, Hampton, VA: less expensive homes
- Kenfield, Buffalo, NY: less expensive homes
- Hatchville, East Falmouth, MA: less expensive homes
- Holly, Everett, WA: less expensive homes
- Jewell Heights-Hoffman Heights, Aurora, CO: less expensive homes
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