Coral Gables Apartments and Rentals

Coral Gables is a special community in South Florida with Mediterranean Revival architecture built to maintain harmony with the natural environment. New residents flock to Coral Gables from all over the world for best that South Florida living has to offer. People here enjoy the finer things in life, as Miami is home to pristine beaches, fine dining and exciting night life. Coral Gables has an open, inviting atmosphere with more than 47,000 energetic residents who bring international cultural flair into the city. Look for Coral Gables apartments for rent and find an exceptional quality of life in this beachside oasis.

George E. Merrick had a vision for the Coral Gables community. He wanted to create a peaceful, quiet residential community in Florida for people of moderate incomes rather than the wealthy free-spenders who typically relocated down south. Coral Gables was one of the first planned communities built during the Florida land boom of the 1920s, flaunting beautiful Spanish-inspired buildings and an exciting downtown commercial district. The city was officially incorporated in 1925, and in the first few years of existence, brought in millions of dollars in property sales.

World War II brought new life to the city as thousands of veterans moved south after serving overseas. The famous Miracle Mile was built in the 1950s and remains one of the most successful commercial developments to date. Today, Coral Cables is home to the University of Miami and thousands of energetic students that help the city maintain an exuberant atmosphere close to the famed South Beach nightlife. Coral Gables apartments are very popular with students and families looking for close proximity to the best attractions in South Florida.

The University of Miami is located in the heart of Coral Gables and joins a number of other schools to offer a great education in a unique environment. The metropolis of Miami is home to Miami-Dade College, Florida International University, Barry University, Miami International University of Art & Design, Johnson & Wales University, Touro College South, Florida Memorial University, Miami Christian University, Atlantis University, Carlos Albizu University and International Fine Arts College.

Miami has many job opportunities across different industries. The Fortune 500 companies of World Fuel Services and Ryder Systems have headquarters in the area and employ many Coral Gables residents. As the home of the University of Miami, more than 20 percent of residents work in university-related jobs. An additional 11 percent work in the real estate market as rental and leasing agents. Miami also has one of the largest entertainment and leisure industries in the world, creating many blue collar jobs for local residents who help support the booming tourism market in hotels, restaurants, night clubs and other services.

There are many enticing aspects of the Miami lifestyle, which unfortunately drives rent prices up in Coral Gables. United States Census Bureau statistics indicate that the standard apartment here costs $1,194 a month, which is $250 more than the Florida state average. Although rent prices are relatively expensive, Coral Gables received a cost of living index only slightly above that found in the average American city. Residents here enjoy beautiful weather and a high quality of life and see the pros of living in Coral Gables apartments as being a bargain.

The greater Coral Gables area is home to a number of exciting and diverse events, including the South Beach Wine & Food Festival, Art Basel Miami Beach, Sony Ericsson Open, Design Miami, Miami International Film Festival, Miami International Orchid Show, Winter Party Week, Carnaval Miami, International Mango Festival, Miami/Bahamas Goombay Festival, Junior Orange Bowl Festival, Miami Spice Restaurant Month, South Miami Art Festival, Miami Book Fair International, Harvest Festival and the White Party, among others.

To find a Coral Gables apartment or rental, check out our apartment listings. Rent.com® is happy to help you find your next home.