1. Florida
  2. Coral Gables
  3. Renter Market Trends

Rental market trends in Coral Gables, FL

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Average Rent in Coral Gables, FL

Average Rent in Coral Gables, FL

Avg. RentAnnual Change
Studio - $1,995-31%
1 Bed - $2,971+32%
2 Beds - $4,168+9%
Last updated 12/6/2024

Average Apartment Cost in Coral Gables, FL

The average rent for apartments in Coral Gables, FL, is between $1,995 and $4,168 in 2024. For a studio apartment in Coral Gables, FL, the average rent is $1,995. When it comes to 1-bedroom apartments, the average rent in Coral Gables, FL, is $2,971. For a 2-bedroom apartment, the average rent is $4,168.

Apartment Rent Ranges in Coral Gables, FL

Apartment PricesProportion
0%
0%
1%
15%
84%

Neighborhood Apartment Rent Trends in Coral Gables, FL

NeighborhoodStudio Avg RentAnnual Change
Riviera$3,735--
Village of Merrick Park$2,9110%
Central Gables$2,351-19%
Granada$1,995--
Douglas$1,780+19%
Neighborhood1 Bed Avg RentAnnual 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%
Neighborhood2 Beds Avg RentAnnual Change
Village of Merrick Park$4,4570%
Central Gables$4,171+5%
Riviera$3,499+17%
Douglas$2,800+4%
Granada$2,6320%
Country Club Section$2,200-10%

How Other Cities Compare to Coral Gables, FL

CityStudio Avg RentAnnual 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--
City1 Bed Avg RentAnnual Change
Boca Raton$2,713+20%
Miami$2,625-2%
Doral$2,5030%
Sunny Isles Beach$2,500-9%
Plantation$2,3240%
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%
City2 Beds Avg RentAnnual 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

Studio1 Bed2 Beds
Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 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.

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