Recently, families requiring a three-bedroom single family home have been quite pricey, especially in Miami and South Florida, but the neighborhoods that have stood out as the most expensive are all in Southern California.
According to Bankrate, North Miami Beach ranks #1 on the “Top 10 Most Expensive Rental Markets,” making this suburban city out price San Francisco and New York. In North Miami Beach the median rent for a three-bedroom home is $4,489. #2 on the list is of course, La Jolla, California, with a median rent for $3,922.
However, Miami Beach makes the list at number six, with a price tag of $3,421, but surprisingly Washington D.C. and L.A. suburb Sherman Oaks finishes off the list, leaving Southern California to win the victory as the most expensive in high-rent neighborhoods in America.
Here are the 6 SoCal Cities that Made the List of 10 Most Expensive rental markets for a three- bedroom, single family houses in America:
La Jolla, California: $3,922 – This breath-taking seaside resort community is known as “the Jewel of San Diego,” because of its many luxury homes, upscale shopping and fine dining.
Santa Monica, California: $3,658 – One of the biggest tourist attractions in Southern California.
Newport Beach, California: $3,550 – The home of the Newport Harbour, where many come to the West Coast to enjoy fun in the sun.
Dana Point, California: $3,446 – The beautiful city located in southern Orange County, California between San Diego and Los Angeles.
Rancho Palos Verdes, California: $3,240 – A city in Los Angeles County, California
Sherman Oaks, California: $3,089 – A swanky district in the San Fernando Valley of the city of L.A. , California, that features the very best in apartments and condominiums.