• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Aventura Apartments For Rent
    • Coral Gables Apartments For Rent
    • Fort Lauderdale Apartments For Rent
    • Hallandale Beach Apartments For Rent
    • Hollywood Apartments For Rent
    • Kendall Apartments For Rent
    • Miami Apartments For Rent
    • Miami Beach Apartments For Rent
    • North Miami Apartments For Rent
    • North Miami Beach Apartments For Rent
  • Houses For Rent
    • Coral Gables Houses For Rent
    • Davie Houses For Rent
    • Fort Lauderdale Houses For Rent
    • Hollywood Houses For Rent
    • Homestead Houses For Rent
    • Kendall Houses For Rent
    • Miami Houses For Rent
    • Pembroke Pines Houses For Rent
    • Pompano Beach Houses For Rent
    • Quail Heights Houses For Rent
  • Condos For Rent
    • Aventura Condos For Rent
    • Fort Lauderdale Condos For Rent
    • Hallandale Beach Condos For Rent
    • Hollywood Condos For Rent
    • Miami Beach Condos For Rent
    • Miami Condos For Rent
    • North Miami Beach Condos For Rent
    • North Miami Condos For Rent
    • Pompano Beach Condos For Rent
    • Sunny Isles Beach Condos For Rent
  • Townhomes For Rent
    • Florida City Townhomes For Rent
    • Fort Lauderdale Townhomes For Rent
    • Hollywood Townhomes For Rent
    • Homestead Townhomes For Rent
    • Kendall Townhomes For Rent
    • Miami Townhomes For Rent
    • Miramar Townhomes For Rent
    • Pembroke Pines Townhomes For Rent
    • Princeton Townhomes For Rent
    • Quail Heights Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Coral Gables, FL

What is the average rent in Coral Gables, FL?

$2,586/month

Average Rent

687 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of September 2025, the average rent in Coral Gables, FL is $2,586 per month. This is 58% higher than the national average rent price of $1,639/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 $2,221 per month for a studio, $2,586 for a one-bedroom apartment, and around $3,909 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $7,036 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,221/month
491 Sq Ft
One Bedroom
$2,586/month
687 Sq Ft
Two Bedroom
$3,909/month
1,095 Sq Ft
Three Bedroom
$7,036/month
1,842 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,622/month
934 Sq Ft
Two Bedroom
$3,929/month
1,278 Sq Ft
Three Bedroom
$6,292/month
1,751 Sq Ft
Four Bedroom
$16,231/month
3,311 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,516/month
964 Sq Ft
Two Bedroom
$4,191/month
1,021 Sq Ft
Three Bedroom
$11,226/month
1,937 Sq Ft
Four Bedroom
$25,092/month
3,107 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,794/month
1,076 Sq Ft
Three Bedroom
$7,243/month
2,114 Sq Ft
Four Bedroom
$11,169/month
2,832 Sq Ft

How much has average rent changed in Coral Gables, FL?

In the past year, rent has increased by 0.9%, which averages out to $25 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 September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Coral Gables?

Based on current rent prices, Granada, Coconut One and Douglas are the most affordable neighborhoods in Coral Gables.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Granada
$2,245/month
802 Sq Ft
Coconut One
$2,273/month
719 Sq Ft
Douglas
$2,375/month
807 Sq Ft
Crafts
$2,741/month
726 Sq Ft
Lower Riviera
$3,295/month
786 Sq Ft
Coral Gables Section
$3,298/month
783 Sq Ft
Upper Riviera
$3,531/month
790 Sq Ft
Village of Merrick Park
$3,600/month
769 Sq Ft
Coconut Grove WH Center
$3,975/month
757 Sq Ft
Golden Gate
$4,182/month
850 Sq Ft

What are the most expensive neighborhoods in Coral Gables?

Based on current rent prices, Golden Gate, Coconut Grove WH Center and Village of Merrick Park are the most expensive neighborhoods in Coral Gables.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Golden Gate
$4,182/month
850 Sq Ft
Coconut Grove WH Center
$3,975/month
757 Sq Ft
Village of Merrick Park
$3,600/month
769 Sq Ft
Upper Riviera
$3,531/month
790 Sq Ft
Coral Gables Section
$3,298/month
783 Sq Ft
Lower Riviera
$3,295/month
786 Sq Ft
Crafts
$2,741/month
726 Sq Ft
Douglas
$2,375/month
807 Sq Ft
Coconut One
$2,273/month
719 Sq Ft
Granada
$2,245/month
802 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, Coral Gables Section and Douglas .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Village of Merrick Park
$3,600/month
769 Sq Ft
Coral Gables Section
$3,298/month
783 Sq Ft
Douglas
$2,375/month
807 Sq Ft
Upper Riviera
$3,531/month
790 Sq Ft
Crafts
$2,741/month
726 Sq Ft
Lower Riviera
$3,295/month
786 Sq Ft
Granada
$2,245/month
802 Sq Ft
Golden Gate
$4,182/month
850 Sq Ft
Coconut Grove WH Center
$3,975/month
757 Sq Ft
Coconut One
$2,273/month
719 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Coral Gables, FL?

Because the average rent in Coral Gables is $2,586, you’ll want to make about $8,620 per month or $103,440 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.

City

Coral Gables, FL

3,386 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Coral Gables, FL

Apartment Averages

Granada

Coral Gables, FL

Golden Gate

Coral Gables, FL

Studio
$950/month
-
One Bedroom
$1,552/month
-
Two Bedroom
$2,500/month
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • South Miami Average Rent
  • Pinecrest Average Rent
  • Coconut Grove Average Rent
  • West Miami Average Rent

Apartment communities in Coral Gables we think you'll love

Douglas Enclave

Douglas Enclave

61 NW 37th Ave,
Miami, FL 33125

$2,070 - $2,975

Studio - 2 Beds

Platform 3750

Platform 3750

3750 S Dixie Hwy,
Coconut Grove, FL 33133

$2,555 - $4,358

Studio - 2 Beds

The Trail Lofts

The Trail Lofts

1150 SW 70th Ave,
Miami, FL 33144

$2,350 - $2,950

1-2 Beds

Residences at Somi Parc

Residences at Somi Parc

5961 SW 68th St,
South Miami, FL 33143

$2,075 - $3,675

Studio - 3 Beds

Property Management Companies in Coral Gables, FL

Greystar
Greystar
  • 3,350

    Communities

  • 933,666

    Units

  • 859

    Cities

6 Communities in Coral Gables
ZRS Management
ZRS Management
  • 325

    Communities

  • 96,792

    Units

  • 130

    Cities

3 Communities in Coral Gables
Westdale
Westdale
  • 101

    Communities

  • 26,802

    Units

  • 48

    Cities

3 Communities in Coral Gables
Gables Residential
Gables Residential
  • 90

    Communities

  • 23,814

    Units

  • 41

    Cities

3 Communities in Coral Gables
AvalonBay
AvalonBay
  • 236

    Communities

  • 79,539

    Units

  • 154

    Cities

2 Communities in Coral Gables
Highmark Residential
Highmark Residential
  • 218

    Communities

  • 62,788

    Units

  • 118

    Cities

2 Communities in Coral Gables
RKW Residential Management
RKW Residential Management
  • 87

    Communities

  • 24,115

    Units

  • 49

    Cities

2 Communities in Coral Gables
Landmark Properties
Landmark Properties
  • 30

    Communities

  • 6,094

    Units

  • 20

    Cities

2 Communities in Coral Gables

Learn More with Helpful Articles

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

Everything You Need To Know About Self-Guided Apartment Tours

Explore great finds on your own time.

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Florida Coral Gables Rental Trends

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 September 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Long Island Apartments
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity