5 Most Gentrified Cities in the US

4. Miami

Gentrifying Percentage: 21.0%

Miami a coastal city in Florida, has experienced significant gentrification, driven in part by wealthy South American investors. The entertainment industry further fueled Miami’s transformation into a multicultural metropolis. However, the city’s real estate market faces two major challenges: the climate crisis and a growing population. As wealthier residents acquire more property throughout Miami, pressure on lower-income communities is increasing. Over half of Miami’s 2.6 million residents are expected to be impacted by “climate gentrification,” which poses a risk of displacement for many.