Platform 3750
3750 S Dixie Hwy,
Coconut Grove, FL 33133
Studio - 2 Beds | $2,555 - $4,358
Rental Market Trends in Coconut Grove, FL
What is the average rent in Coconut Grove, FL?
$2,344/month
Average Rent
612 Sq Ft
Average Apartment Size
-1.8%
Decrease in the Last Year
As of July 2025, the average rent in Coconut Grove, FL is $2,344 per month. This is 43% higher than the national average rent price of $1,637/month, making Coconut Grove one of the most expensive cities in the US. When you rent an apartment in Coconut Grove, you can expect to pay about $2,383 per month for a studio, $2,344 for a one-bedroom apartment, and around $3,443 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Coconut Grove, FL?
In the past year, rent has decreased by 1.8%, which averages out to $42 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Coconut Grove, FL
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
33%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
67%
Above $2,000/month
What salary do I need to live comfortably in Coconut Grove, FL?
Because the average rent in Coconut Grove is $2,344, you’ll want to make about $7,813 per month or $93,756 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Coconut Grove, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Coconut Grove, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Property Management Companies in Coconut Grove, FL
RKW Residential Management
-
59
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15,105
Units
-
26
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2 Communities in Coconut Grove
LeFrak
-
10
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14,332
Units
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6
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2 Communities in Coconut Grove
Greystar
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3,269
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909,788
Units
-
845
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1 Community in Coconut Grove
AvalonBay
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237
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79,919
Units
-
154
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1 Community in Coconut Grove
ZRS Management
-
324
Communities
-
95,743
Units
-
136
Cities
1 Community in Coconut Grove
Berkshire
-
102
Communities
-
34,717
Units
-
61
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1 Community in Coconut Grove
Mill Creek Residential
-
91
Communities
-
27,859
Units
-
53
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1 Community in Coconut Grove
Gables Residential
-
90
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-
23,814
Units
-
41
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1 Community in Coconut Grove
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.