Coral Gables, FL Rental Market Trends
The average rent for an apartment in Coral Gables is $2,168, a change amounting to approximately 0% compared to the previous year.
Average Rent in Coral Gables, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,168||0%||886 sq. ft.|
The average size for a Coral Gables, FL apartment is 886 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Coral Gables, FL Apartment Rent Ranges
- > $2,00053%
Coral Gables, FL Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
6,609 or 37% of the households in Coral Gables, FL are renter-occupied while 11,211 or 62% are owner-occupied.
Coral Gables, FL Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Jan / 2020|
Average Rent in Coral Gables, FL By Neighborhood
|Snapper Creek Oaks||$1,752|
|Snapper Creek Lakes||$1,752|
|Pine Bay Estates||$1,752|
|Old Cutler Bay||$1,752|
|Journeys End Estates||$1,752|
|Hammock Oaks Harbor||$1,752|
|Gables By The Sea - Coral Bay||$1,752|
|Fairchild Manors - Hammock Heights||$1,752|
|Coral Ridge Acre Estates||$1,752|
|Weeling Estates - Snapper Creek Village||$2,183|
|Sunset Acre Estates - Ponce Road Estates||$2,183|
|San Juan Heights - University Place||$2,183|
|Kingsleys - Stonegate||$2,183|
|High Land Estates - Stewart Acres||$2,183|
|Granada Park - High Crest||$2,183|
|Dill Manor - Ponce De Leon Heights||$2,183|
|College Groves - Southern Pines||$2,183|
|Coral Gables Crafts||$2,400|
|Coral Gables Country Club||$2,487|
The most affordable neighborhoods in Coral Gables are Snapper Creek, where the average rent goes for $1,635/month, Sunrise Harbour, where renters pay $1,715/mo on average, and Coral Ridge Acre Estates, where the average rent goes for $1,752/mo. If you’re looking for other great deals, check out the listings from Deering Bay ($1,752), Fairchild Manors - Hammock Heights ($1,752), and Gables By The Sea - Coral Bay ($1,752), where the asking prices are below the average Coral Gables rent of $2,168/mo.
The most expensive neighborhoods in Coral Gables are Granada ($2,400), Coral Gables Country Club ($2,487) and Riviera ($2,534).
The most popular neighborhood in Coral Gables is Coconut Grove, where there are 3 verified RENTCafé listings with an average rent of $2,277. Next up is Coral Gables Crafts, where apartments go for $2,400/month, followed by Riviera with $2,534 If you’re looking to rent in Coral Gables’s most popular neighborhoods, make sure to also check out Biltmore, where renters pay $2,400 on average, and Biscayne Bay, where the average monthly rent is $2,183.
Coral Gables | Rent Comparison by Neighborhood
Rent in Biltmore is 10% higher than in Biscayne Bay
Biltmore rent is 11% higher than Coral Gables average
Biscayne Bay rent is 1% higher than Coral Gables average
How Coral Gables Compares to Other Cities
|Average Rent||Y-o-Y Change|
|South Miami Heights||$1,340||n/a|
For more information about the Coral Gables rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!