The 10 Most Expensive Neighborhoods in Rochester
Is your address in one of these neighborhoods? If so, congratulations-- you live in some of the most expensive neighborhoods here in Rochester.
Rochester, fresh off being named as one of The 100 Best Places To Live again in 2020, is Minnesota's third-largest city behind Minneapolis and St. Paul and is the largest city outside the Twin Cities metro. Recent U.S. Census estimates put our population close to 118,000 citizens.
And, I was surprised to find out that Minnesota's Med City is home to 29 different neighborhoods-- who knew there were that many? Well, the crew over at Neighborhood Scout did, because they just ranked all of them according to how expensive property is in each neighborhood.
According to Neighborhood Scout, there are nearly 46,000 single-family homes and apartments in Rochester. 67% of our fellow Rochesterites own their home, while 32.9% rent. And, the average median home price in Rochester right now is $232,567-- thanks to the fact that home prices have appreciated by over 53% over the last 20 years.
So just WHERE are the most EXPENSIVE neighborhoods in Rochester? Take a look below... (and keep scrolling to see 5 Million Dollar Homes that are for sale here in Rah-Rah-Rochester as well!)