Coral Gables, FL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Coral Gables is $4,034, a 1.71% decrease compared to the previous year, when the average rent was $4,105.
Studio Apartments at $2,648 offer the most budget-friendly option with 539 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 759 square feet for $3,285, balancing privacy and affordability.
Two-beedroom units at $4,431 offer 1,113 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,505 sq ft) for $6,409, suitable for larger households.
Average rent in Coral Gables, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $4,034 | 967 sq. ft. |
| Studio | $2,648 | 539 sq. ft. |
| 1 Bed | $3,285 | 759 sq. ft. |
| 2 Beds | $4,431 | 1,113 sq. ft. |
| 3 Beds | $6,409 | 1,505 sq. ft. |
Coral Gables, FL rent trends
Rental prices in Coral Gables, FL have decreased by 1.71% over the past year. The average rent moved from $4,105 to $4,034.
What's the typical rent budget in Coral Gables, FL?
The largest share of rentals in Coral Gables, FL (85%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Coral Gables, FL?
6,840 or 36% of the households in Coral Gables, FL are renter-occupied while 12,101 or 64% are owner-occupied.
Average Rent in Coral Gables, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Coconut Grove | $4,120 |
| Coral Gables Crafts | $4,024 |
Coral Gables | Rent Comparison by Neighborhood
Rent in Coconut Grove is 2% higher than in Coral Gables Crafts
Coconut Grove rent is 2% higher than Coral Gables average
Coral Gables Crafts rent is 1% lower than Coral Gables average
How Coral Gables Compares to Other Cities
| City | Average Rent |
|---|---|
| Coral Gables | $4,034 |
| Miami | $2,698 |
| Jacksonville | $1,505 |
| Tampa | $2,003 |
| Fort Lauderdale | $2,721 |
| West Palm Beach | $2,365 |
| Kissimmee | $1,823 |
| Cape Coral | $1,758 |
| Orlando | $1,822 |
| St. Petersburg | $2,040 |
| Fort Myers | $1,791 |
| Miami Beach | $3,244 |
| Hialeah | $2,190 |
| Doral | $2,841 |
| Hollywood, FL | $2,225 |
| Miami Gardens, FL | $1,966 |
| Miramar, FL | $2,659 |
| Hallandale Beach, FL | $3,313 |
| North Miami, FL | $2,273 |
| Plantation, FL | $2,508 |
| Pembroke Pines, FL | $2,357 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Coral Gables apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.