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Average Rent in Coral Gables, FL

Avg. RentAnnual Change
Coral Gables Studio - $2,976-3%
Coral Gables 1 Bed - $2,750-20%
Coral Gables 2 Beds - $4,334-7%
Last updated 6/23/2024

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Local Guide

See what Coral Gables, FL has to offer.

Local Reviews

I like to go for a run in a nearby park with my family and friends, then go to a bar and have a couple of beers and then go to a bar and have a late-night snack

Demographics

Education

High School

12%

Associate's

18%

Bachelor's

38%

Master's

27%

Doctorate

4%

Family Size

2 people

41%

3 people

19%

4 people

27%

5 people

12%

6+ people

1%

Household Income

0-50k

17%

50-100k

22%

100-150k

14%

150-200k

13%

200k+

34%

Age

0-10

9%

10-20

28%

20-45

34%

45-65

17%

65+

11%

Affordability

Percentage: 4/54/5

Renters gave this area a 4 out of 5 for affordability

Last updated 6/23/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Riviera, Coral Gables, FL

In Coral Gables, FL, as of 2024, the average rent for apartments ranges from $2,750 to $4,334. Specifically, the average rent for a studio apartment in Riviera, Coral Gables, FL is $2,976. For those seeking a 1-bedroom apartments, the average rent is $2,750. And for a 2-bedroom apartment, renters can expect to pay an average of $4,334.

Annual Rent Change Over the Past 12 Months

Studio

-3%

Changed from $3,068 to $2,976
1 Bed

-20%

Changed from $3,438 to $2,750
2 Beds

-7%

Changed from $4,660 to $4,334
Last updated 6/23/2024

Cost of Living

Compared to State Average

0.9%

Compared to National Average

1.7%

The cost of living in Riviera, Coral Gables, FL is 0.9% higher than the state average and 1.7% lower than the national average. Riviera, Coral Gables, FL housing is 3.2% less expensive than the U.S average, while utilities are about 0.1% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0.9% more in Riviera, Coral Gables, FL than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 8.1% less here compared to the U.S. average.
Cost of Living in Riviera, Coral Gables, FLCompared to State AverageCompared to National Average
Housing
4.6%
3.2%
Utilities
3.3%
0.1%
Food
1.4%
0.9%
Transportation
5.2%
1.8%
Healthcare
0.9%
8.1%

Compare Other Cities

CityStudio Avg RentAnnual Change
Coral Gables$2,976-3%
Miami$2,302-12%
Doral$2,120-7%
Boca Raton$2,092+5%
Fort Lauderdale$2,039-10%
Davie$2,009-7%
Plantation$1,905+14%
Pompano Beach$1,883-24%
Coconut Grove$1,800+3%
Miami Beach$1,795-9%
North Miami$1,650+2%
Hollywood$1,500-26%
Hialeah$1,400-11%
Deerfield Beach$1,3500%
Miramar$1,325--
Coral Springs$1,325--
Key Largo$1,300--
Pembroke Pines$1,250--
City1 Bed Avg RentAnnual Change
Miami$2,792-5%
Coral Gables$2,750-20%
Doral$2,507-2%
Miami Beach$2,498-6%
Weston$2,373-13%
Plantation$2,369-2%
Boca Raton$2,356-2%
Miramar$2,328-2%
Pembroke Pines$2,280+1%
Coral Springs$2,201+5%
Key Largo$2,200--
Coconut Grove$2,105--
Hollywood$2,091-21%
Fort Lauderdale$2,075-13%
Pompano Beach$2,000+6%
Hialeah$1,9810%
Davie$1,952-13%
Miami Gardens$1,950+15%
Deerfield Beach$1,750+6%
North Miami$1,700-6%
Margate$1,695-18%
Homestead$1,591+108%
City2 Beds Avg RentAnnual Change
Miami$3,474-9%
Coconut Grove$3,150--
Doral$3,110-1%
Boca Raton$2,992-5%
Fort Lauderdale$2,822-10%
Plantation$2,819+13%
Key Largo$2,799-30%
Miramar$2,782-3%
Pembroke Pines$2,756-4%
Miami Gardens$2,751+4%
Weston$2,750-3%
North Miami$2,730+14%
Pompano Beach$2,600+9%
Coral Springs$2,544-3%
Hollywood$2,446-21%
Hialeah$2,402-4%
Margate$2,402-3%
Davie$2,300-17%
Homestead$2,0000%

Compare Neighborhoods

Flagler

$1,800

1 Bed Avg. Rent

Riviera

$1,900

1 Bed Avg. Rent

Country Club Section

$1,950

1 Bed Avg. Rent

What are the most affordable neighborhoods in Coral Gables, FL?

For renters in Coral Gables seeking more affordable options, the neighborhoods to watch are Flagler, Riviera, and Country Club Section, where average rents for 1-bedroom apartments stand at $1,800, $1,900, and $1,950 respectively. Additional areas offering value are Douglas and Granada, where the rents are $1,980 and $2,200, a favorable comparison to Coral Gables's overall 1-bedroom average of $2,750.

What are the most expensive neighborhoods in Coral Gables, FL?

In Coral Gables, the neighborhoods commanding the highest rents are Village of Merrick Park, Central Gables, and Granada. A 1-bedroom apartment in Village of Merrick Park averages at $3,565, in Central Gables it averages $2,400, and in Granada, the average is $2,200. For additional high-end living options, Douglas offers 1-bedroom apartments at $1,980, and Country Club Section at $1,950. These rates compare to the overall average rent of $2,750 for a 1-bedroom apartment in Coral Gables, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Coral Gables, FL?

In Coral Gables, the most sought-after neighborhoods for renters include Flagler, Douglas, and Central Gables. In Flagler, the average rent for a 1-bedroom apartment is $1,800. Douglas sees average rents of $1,980 for a 1-bedroom unit. Central Gables offers similar appeal with 1-bedroom apartments averaging $2,400. For those seeking other popular areas, Granada presents 1-bedroom apartments at $2,200, and Village of Merrick Park at $3,565. These prices are set against the backdrop of the city-wide average of $2,750 for a 1-bedroom apartment in Coral Gables, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Village of Merrick Park$3,0930%
Central Gables$2,332-22%
Granada$1,880--
Douglas$1,880+4%
Neighborhood1 Bed Avg RentAnnual Change
Central Gables$2,400-32%
Granada$2,200-8%
Douglas$1,980-17%
Country Club Section$1,950-7%
Riviera$1,900-5%
Flagler$1,800--
Neighborhood2 Beds Avg RentAnnual Change
Village of Merrick Park$4,898+2%
Central Gables$4,802+1%
Country Club Section$2,850+19%
Riviera$2,650--
Granada$2,6320%
Douglas$2,500-11%

Transportation

Commute Time

0-15 Mins

32%

15-30 Mins

39%

30-40 Mins

16%

40-60 Mins

10%

60+ Mins

2%

Transportation Scores

Percentage: 6262

Walk Score®

Percentage: 6767

Bike Score®

Percentage: 4545

Transit Score®

They Are Located Near Public Transportation

Yes

Say 1 of 1 renters

Need A Car

Yes

Say 1 of 1 renters

Area Amenities

Top Score

Hospitals

4.5/5 stars based on undefined reviews

Plenty of I.V. league hospitals around here.

  1. A high number of hospitals per resident
  2. 98% more hospitals than average
  3. 76% more hospitals than areas of a similar size

Theaters

3.5/5 stars based on undefined reviews

Riviera Coral Gables is shaping up to be a big star in the theater scene.

  1. A high number of theaters per resident
  2. 95% more theaters than average
  3. 65% more theaters than areas of a similar size

Coffee

3/5 stars based on undefined reviews

Things are heating up. Riviera Coral Gables gets a solid score for coffee.

  1. A high number of coffee shops per resident
  2. 94% more coffee shops than average
  3. 46% more coffee shops than areas of a similar size

Nightlife

3/5 stars based on undefined reviews

Happy hour starts at six around here.

  1. A high number of bars and clubs per resident
  2. 90% more bars and clubs than average
  3. 29% more bars and clubs than areas of a similar size

Retail Shops

3/5 stars based on undefined reviews

If you love to shop, Riviera Coral Gables is a good fit.

  1. Few shops per resident
  2. An average number of shops
  3. A standard number of shops compared to areas of a similar size

Health and Fitness

3/5 stars based on undefined reviews

We'd be gym buddies with Riviera Coral Gables.

  1. Few gyms per resident
  2. An average number of gyms
  3. A standard number of gyms compared to areas of a similar size

Medical Care

3/5 stars based on undefined reviews

More of a gem than germ, this Riviera Coral Gables is not too bad for medical care.

  1. A high number of medical facilities per resident
  2. 89% more medical facilities than average
  3. A standard number of medical facilities compared to areas of a similar size

Grocery Stores

2.5/5 stars based on undefined reviews

Not bad on the supermarket score. Riviera Coral Gables gets an average rating.

  1. A high number of grocery stores per resident
  2. 91% more grocery stores than average
  3. 30% more grocery stores than areas of a similar size

Restaurants

2.5/5 stars based on undefined reviews

An average foodie scene: not too cold and not too hot.

  1. Few restaurants per resident
  2. 84% more restaurants than average
  3. 40% fewer restaurants than areas of a similar size

Pet Services

2.5/5 stars based on undefined reviews

Who's an ok boy? Riviera Coral Gables doesn't deserve many treats.

  1. A high number of pet facilities per resident
  2. 81% more pet facilities than average
  3. 17% fewer pet facilities than areas of a similar size

Fine Arts

2.5/5 stars based on undefined reviews

It's just about fine for fine art. An average score.

  1. A high number of fine art centers per resident
  2. 91% more fine art centers than average
  3. 53% more fine art centers than areas of a similar size

Amusement Parks

2.5/5 stars based on undefined reviews

Not exactly a Tilt-a-Whirl, but there's fun to be had.

  1. A high number of amusement parks per resident
  2. 89% more amusement parks than average
  3. 13% more amusement parks than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in Riviera Coral Gables.

  1. Few gas stations per resident
  2. 40% more gas stations than average
  3. Far fewer gas stations than areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in Riviera Coral Gables.

  1. A high number of parks per resident
  2. 80% more parks than average
  3. 13% more parks than areas of a similar size

Childcare

2/5 stars based on undefined reviews

Riviera Coral Gables is low on childcare options so get on the waiting list early.

  1. Few daycares per resident
  2. 60% more daycares than average
  3. Far fewer daycares than areas of a similar size

Schools

Percentage: 5/55/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Riviera Coral Gables

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Houses in Nearby Cities

City1 Bed Price2 Beds Price
Coral Gables, FL 0.4 miles$2,750$4,334
Miami, FL 6.3 miles$2,792$3,474
Coconut Grove, FL 1 miles$2,105$3,150
Ludlam, FL 2.1 miles------
Fort Lauderdale, FL 29.1 miles$2,075$2,822
South Miami, FL 1.5 miles$2,497$3,229
Miami Beach, FL 10.2 miles$2,498$4,034
Kendall, FL 3.8 miles$1,850---
Hollywood, FL 21.7 miles$2,091$2,446
Dade North, FL 8.2 miles------

Find Houses in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Riviera$1,900$2,650
Southwest Coconut Grove 1.3 miles$1,800$3,497
Country Club Section 1.5 miles$1,950$2,850
Cocoplum 1.6 miles------