Life Time Living at Gables Station
227 S Dixie Hwy,
Coral Gables, FL 33133
Studio - 3 Beds | $3,268 - $8,983
Rental Market Trends in Coral Gables, FL
Updated September 2026
The average rent in Coral Gables, FL is $2,704/month.
Rent in Coral Gables is 62% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.
$2,704/month
Average Rent
692 Sq Ft
Average Size
-0.8%
Change / Year
1,997
Available Apartments
Coral Gables rent varies by unit size and layout:
- Studio apartments in Coral Gables average $2,197 per month.
- One-bedroom apartments in Coral Gables average $2,704 per month.
- Two-bedroom apartments in Coral Gables average $4,184 per month.
- Three-bedroom apartments in Coral Gables average $8,064 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Coral Gables, FL?
In the past year, rent has decreased by 0.8%, which averages out to $20 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Coral Gables, FL
September 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
5%
$700 - $1,000/month
23%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
45%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Coral Gables?
Based on current rent prices, Granada, Douglas 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, Crafts and Coral Gables Section 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 Crafts, Coral Gables Section and Douglas .
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 $2,704, you’ll want to make about $9,013 per month or $108,156 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.
View the Coral Gables Area GuideStudio
$957/month
-
One Bedroom
$1,635/month
-
Two Bedroom
$2,527/month
-
Three Bedroom
-
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Coral Gables We Think You'll Love
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Frequently Asked Questions
What is the average rent in Coral Gables?
The average rent in Coral Gables is $2,704 per month, which is 62.5% higher than the national average of $1,664.
What is the average rent for a house in Coral Gables?
The average rent for a house in Coral Gables, FL is $6,829 per month.
What is the average rent for a townhome in Coral Gables?
The average rent for a townhome in Coral Gables, FL is $3,767 per month.
What is the average rent for a condo in Coral Gables?
The average rent for a condo in Coral Gables, FL is $2,540 per month.
Are rents going up or down in Coral Gables?
Rents in Coral Gables, FL are decreasing, with prices down 0.8% year-over-year and $20 less per month.
What rent range is most common in Coral Gables?
In Coral Gables, FL, 45% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.