- Florida
- Coral Gables
- Renter Market Trends
Rental market trends in Coral Gables, FL
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Average Apartment Cost in Coral Gables, FL
Apartment Rent Ranges in Coral Gables, FL
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 0% | 1% | 15% | 84% |
Neighborhood Apartment Rent Trends in Coral Gables, FL
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Riviera | $3,735 | -- |
| Village of Merrick Park | $2,911 | 0% |
| Central Gables | $2,351 | -19% |
| Granada | $1,995 | -- |
| Douglas | $1,780 | +19% |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Riviera | $4,271 | +119% |
| Village of Merrick Park | $3,402 | +10% |
| Central Gables | $3,077 | +18% |
| Granada | $2,200 | -2% |
| Douglas | $1,930 | -3% |
| Country Club Section | $1,850 | -5% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Village of Merrick Park | $4,457 | 0% |
| Central Gables | $4,171 | +5% |
| Riviera | $3,499 | +17% |
| Douglas | $2,800 | +4% |
| Granada | $2,632 | 0% |
| Country Club Section | $2,200 | -10% |
How Other Cities Compare to Coral Gables, FL
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Boca Raton | $2,549 | +20% |
| Miami | $2,431 | +7% |
| Sunny Isles Beach | $2,250 | +13% |
| Fort Lauderdale | $2,238 | +10% |
| Davie | $2,210 | +29% |
| Doral | $2,160 | -7% |
| Coconut Grove | $2,100 | +17% |
| Hollywood | $1,859 | +33% |
| Plantation | $1,825 | -5% |
| Pompano Beach | $1,775 | +7% |
| Miami Beach | $1,750 | -3% |
| Hallandale Beach | $1,300 | -19% |
| Miramar | $1,275 | -- |
| Pembroke Pines | $1,195 | -- |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Boca Raton | $2,713 | +20% |
| Miami | $2,625 | -2% |
| Doral | $2,503 | 0% |
| Sunny Isles Beach | $2,500 | -9% |
| Plantation | $2,324 | 0% |
| Weston | $2,256 | -10% |
| Miramar | $2,222 | +2% |
| Coconut Creek | $2,150 | +14% |
| Davie | $2,149 | +1% |
| Fort Lauderdale | $2,142 | +3% |
| Pompano Beach | $2,117 | +6% |
| Miami Beach | $2,100 | -2% |
| Pembroke Pines | $2,069 | -2% |
| Coral Springs | $2,066 | -4% |
| Coconut Grove | $1,980 | -8% |
| Hallandale Beach | $1,800 | -10% |
| Hollywood | $1,750 | -4% |
| Miami Gardens | $1,700 | -17% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Miami | $3,355 | -6% |
| Boca Raton | $3,277 | +5% |
| Hallandale Beach | $3,200 | +27% |
| Doral | $3,164 | +8% |
| Coconut Grove | $3,100 | -2% |
| Miami Beach | $3,100 | -11% |
| Fort Lauderdale | $2,860 | +2% |
| Miramar | $2,797 | +7% |
| Davie | $2,669 | +4% |
| Plantation | $2,657 | -1% |
| Hollywood | $2,557 | +10% |
| Coconut Creek | $2,555 | +9% |
| Pompano Beach | $2,499 | +9% |
| Weston | $2,463 | -15% |
| Pembroke Pines | $2,416 | -1% |
| Coral Springs | $2,364 | -2% |
| Miami Gardens | $2,264 | -17% |
Coral Gables, FL Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 |
| $2752 | $2710 | $2182 | $2182 | $2343 | $2978 | $2912 | $1850 | $1800 | $3041 | $2916 | $1995 | $2050 |
| $2100 | $2200 | $2147 | $2300 | $2400 | $3117 | $3269 | $2750 | $3596 | $3335 | $3292 | $3091 | $2861 |
| $3830 | $3862 | $4086 | $4358 | $4124 | $4342 | $4284 | $4225 | $4325 | $4119 | $4233 | $4148 | $4137 |
| $4950 | $4900 | $4850 | $5580 | $5400 | $5400 | $4950 | $4500 | $5764 | $5257 | $5257 | $5532 | $5695 |
Neighborhood Information for Coral Gables, FL
What are the most affordable neighborhoods in Coral Gables, FL?
The most affordable neighborhoods in Coral Gables are Country Club Section, where the average 1-bedroom apartment rent goes for $1,850, Douglas, where renters pay $1,930 on average for a 1-bedroom apartment, and Granada, where the average 1-bedroom apartment rent goes for $2,200. If you're looking for other great deals, check out the listings in Central Gables ($3,077 for a 1-bedroom apartment) or Village of Merrick Park ($3,402 for a 1-bedroom apartment), compared to the $2,971 average for an Coral Gables 1-bedroom apartment.
What are the most expensive neighborhoods in Coral Gables, FL?
The most expensive neighborhoods in Coral Gables are Riviera, where the average rent for a 1-bedroom apartment is just $4,271. offering similar apartments at an average of Village of Merrick Park, $3,402, and Central Gables, $3,077. For additional value-for-money options, consider Granada ($2,200 for a 1-bedroom apartment) or Douglas ($1,930 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Coral Gables average for a 1-bedroom apartment, which stands at $2,971.
What are the most popular neighborhoods in Coral Gables, FL?
The most popular neighborhoods in Coral Gables are Douglas, where the average 1-bedroom apartment rent goes for $1,930, Central Gables, where renters pay $3,077 on average for a 1-bedroom apartment, and Village of Merrick Park, where the average 1-bedroom apartment rent goes for $3,402. If you're looking for other popular neighborhoods, check out the listings in Granada ($2,200 for a 1-bedroom apartment) or Country Club Section ($1,850 for a 1-bedroom apartment), compared to the $2,971 average for an Coral Gables 1-bedroom apartment.
