Blume Coral Gables
1501 SW 37th Ave,
Miami, FL 33145
$2,800 - $3,800 Total Monthly Price
Studio - 2 Beds
Rental Market Trends in Coral Gables, FL
What is the average rent in Coral Gables, FL?
$2,672/month
Average Rent
695 Sq Ft
Average Apartment Size
+2.8%
Increase in the Last Year
As of March 2026, the average rent in Coral Gables, FL is $2,672 per month. This is 64% higher than the national average rent price of $1,626/month, making Coral Gables one of the most expensive cities in the US. When you rent an apartment in Coral Gables, you can expect to pay about $2,216 per month for a studio, $2,672 for a one-bedroom apartment, and around $4,110 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $7,153 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 Coral Gables, FL?
In the past year, rent has increased by 2.8%, which averages out to $77 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Coral Gables, FL
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
6%
$700 - $1,000/month
26%
$1,001 - $1,500/month
18%
$1,501 - $2,000/month
46%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Coral Gables?
Based on current rent prices, Douglas, Granada and Upper Riviera are the most affordable neighborhoods in Coral Gables.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Coral Gables?
Based on current rent prices, Coconut Grove WH Center, Lower Riviera and Golden Gate are the most expensive neighborhoods in Coral Gables.
Neighborhood
Average Rent
Average Sq Ft
Which Coral Gables neighborhoods have the most rentals available?
The neighborhoods in Coral Gables with the most apartments available are Village of Merrick Park, Crafts and Coral Gables Section .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Coral Gables, FL?
Because the average rent in Coral Gables is $2,672, you’ll want to make about $8,906 per month or $106,872 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 Coral Gables, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Coral Gables, 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.
Studio
$1,304/month
-
One Bedroom
$1,537/month
-
Two Bedroom
$2,113/month
-
Three Bedroom
$4,546/month
-
Nearby City Rent Trends
Apartment communities in Coral Gables we think you'll love
Property Management Companies in Coral Gables, FL
Greystar
-
3,473
Communities
-
956,269
Units
-
895
Cities
7 Communities in Coral Gables
ZRS Management
-
346
Communities
-
102,973
Units
-
138
Cities
3 Communities in Coral Gables
Westdale
-
98
Communities
-
26,241
Units
-
46
Cities
3 Communities in Coral Gables
Gables Residential
-
84
Communities
-
21,699
Units
-
37
Cities
3 Communities in Coral Gables
AvalonBay
-
193
Communities
-
70,211
Units
-
133
Cities
2 Communities in Coral Gables
Highmark Residential
-
210
Communities
-
60,667
Units
-
116
Cities
2 Communities in Coral Gables
RKW Residential Management
-
78
Communities
-
22,670
Units
-
47
Cities
2 Communities in Coral Gables
Landmark Properties
-
45
Communities
-
8,900
Units
-
28
Cities
2 Communities in Coral Gables
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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 February 2026.
* Percentages may not total 100 due to rounding.