Average Rent in Coral Gables, FL

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Current Versus Historical Coral Gables, FL Rents

Coral Gables rentals average $2,025 for a studio rental to $17,875 for a 4-bedroom rental. The median price of all currently available listings is $4,025, or roughly $3 per square feet.
For the apartment units and housing in March 2025, median rents have risen substantially over the last year. Studio rentals prices have decreased by $117 (-5.65%) year-over-year from $2,067 to $1,950. 1-bedroom rentals prices have increased by $423 (19.01%) year-over-year from $2,227 to $2,650. 2-bedroom rentals prices have increased by $352 (9.91%) year-over-year from $3,548 to $3,900. 3-bedroom rentals prices have decreased by $775 (-8.78%) year-over-year from $8,825 to $8,050. 4-bedroom rentals prices have increased by $8,342 (71.55%) year-over-year from $11,658 to $20,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.08% this month. 1-bedroom rents have gone up by 8.16% this month. 2-bedroom rents have gone down by 1.99% this month. 3-bedroom rents have gone down by 16.44% this month. 4-bedroom rents have gone up by 0.84% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.50 $1,950 $2,067 (-5.65%) $2,738 (-28.77%)
2 BR $2.77 $3,900 $3,548 (9.91%) $4,417 (-11.70%)
3 BR $2.53 $8,050 $8,825 (-8.78%) $10,433 (-22.84%)
4+ BR $5.92 $20,000 $11,658 (71.55%) $8,993 (122.39%)

Historical Rents in Coral Gables, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Coral Gables

There are a total of 23 cities nearby Coral Gables. The average rent in Coral Gables is currently $3,350 per month. A total of 18 cities nearby have an average rent lower than that. Our records show that North Miami, FL, with an average rent of $2,250, is the most affordable city nearby. In contrast, the most expensive city near Coral Gables, FL is Pinecrest, FL. Monthly rents here are on average $7,500 per month.

Let's compare Coral Gables, FL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Coral Gables, FL are about 32.47% more expensive. Finally, rent for three bedrooms are about 13.68% more expensive. Want more information? Check out the top 10 cities out of 23 total cities near Coral Gables, FL in the following chart.
City Studio 1 Bed 2 Bed All
Fountainebleau, FL N/A $2,000 $2,400 $2,487
Glenvar Heights, FL $1,800 $1,900 $2,695 $2,500
Kendall, FL N/A $2,000 $2,500 $2,800
South Miami, FL $1,800 $1,960 $2,800 $2,813
Tamiami, FL N/A $1,600 $2,400 $2,948
Doral, FL $2,000 $2,188 $2,700 $3,400
Miami, FL $2,270 $2,900 $3,993 $3,500
Coral Gables, FL $1,750 $2,395 $3,500 $3,600
Pinecrest, FL N/A $1,963 $2,400 $7,500
Key Biscayne, FL N/A $3,300 $6,500 $7,500

Top Neighborhoods Near Coral Gables

There are a total of 35 neighborhoods in or near Coral Gables. Some of these neighborhoods include Altos Del Mar South, Overtown, and Biscayne Beach. We've included the top 30 neighborhoods out of 35 total neighborhoods in or near Coral Gables, FL in the following chart.

The average rent for these 30 neighborhoods in or near Coral Gables, FL is currently around $3,300 per month. A total of 23 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,300. Out of all the neighborhoods in or near Coral Gables, Altos Del Mar South has the most affordable average rent at $1,960 per month. Whereas, at $8,850 average rent per month, Northeast Coconut Grove is the most expensive neighborhood in or near Coral Gables. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,650 $1,950 $4,100 $1,960
Overtown, Miami, FL $1,550 $1,713 $2,423 $1,963
Biscayne Beach, Miami Beach, FL N/A $1,800 $2,500 $2,100
East Little Havana, Miami, FL $1,688 $1,850 $2,450 $2,200
Flamingo - Lummus, Miami Beach, FL $1,799 $2,150 $3,300 $2,200
Flagami, Miami, FL $1,300 $1,995 $2,400 $2,250
Normandy Isles, Miami Beach, FL $1,675 $1,978 $2,500 $2,263
Allapattah, Miami, FL $1,800 $1,850 $2,400 $2,350
West Little Havana, Miami, FL $1,499 $1,750 $2,425 $2,400
Glenvar Heights, FL $1,800 $1,900 $2,695 $2,500
Little Haiti, Miami, FL $1,575 $1,950 $2,395 $2,500
Liberty City, Miami, FL N/A $1,598 $2,300 $2,500
Upper East Side, Miami, FL $1,600 $2,000 $2,900 $2,850
Coral Way, Miami, FL $1,700 $2,000 $2,900 $3,000
South Miami, FL $1,800 $1,960 $2,825 $3,000
Treasure Island, North Bay Village, FL $1,900 $2,323 $3,400 $3,300
City Center, Miami Beach, FL $2,750 $3,500 $5,850 $3,500
Media and Entertainment District, Miami, FL $2,275 $3,100 $4,500 $3,500
Downtown Miami, Miami, FL $2,525 $2,999 $4,247 $3,750
Wynwood, Miami, FL $1,800 $3,200 $5,000 $3,925
Brickell, Miami, FL $2,600 $3,300 $4,600 $4,100
West Avenue, Miami Beach, FL $2,625 $3,175 $5,400 $4,150
Edgewater, Miami, FL N/A $3,500 $5,000 $4,900
Bayshore, Miami Beach, FL $1,950 $2,950 $3,975 $5,000
Palmetto Bay, FL N/A $1,800 $2,500 $5,250
Park West, Miami, FL $3,100 $4,400 $6,500 $5,645
South Pointe, Miami Beach, FL $2,200 $4,125 $7,750 $6,500
Pinecrest, FL N/A $1,963 $2,400 $7,500
Village of Key Biscayne, Key Biscayne, FL N/A $3,300 $6,500 $7,500
Northeast Coconut Grove, Miami, FL $2,200 $3,200 $8,775 $8,850

Top Counties Near Coral Gables

There are a total of 35 counties located by Coral Gables, FL. Some of these counties include Hialeah, FL, Princeton-Goulds, FL, and North Westside, FL. The average rent for rentals in these counties is $3,150. That's roughly around $3 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is Hialeah, FL. It's average rent per month is $2,500. Vice versa, with an average rent of $7,500, Key Biscayne, FL is the most expensive county by Coral Gables, FL.

Typically, rent for studios in Coral Gables, FL is 14.84% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Coral Gables, FL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Coral Gables, FL is 33.90% more expensive than other counties nearby. We've listed the top 8 counties in the chart below.
County Studio 1 Bed 2 Bed All
Hialeah, FL $1,749 $1,850 $2,300 $2,500
Princeton-Goulds, FL $1,125 $1,600 $2,125 $2,800
North Westside, FL $2,000 $2,050 $2,500 $3,000
Kendall-Palmetto Bay, FL $1,700 $1,975 $2,500 $3,100
Miami, FL $2,000 $2,450 $3,400 $3,200
South Westside, FL N/A $1,825 $2,590 $3,700
Miami Beach, FL $2,200 $2,750 $5,000 $4,000
Key Biscayne, FL N/A $3,300 $6,500 $7,500

Top Zipcodes Near Coral Gables

There are a total of 5 zipcodes in or near Coral Gables, FL. The average rent for all of these zipcodes is $3,500. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33014, Hialeah, FL at $2,250 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 33137, Miami, FL.

Studios in these zipcodes have an average rent of $2,000. That's at least $1 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Coral Gables, FL is $2,325 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,770 per month. Which comes out to $3 per sqft. The following chart includes the top 5 zipcodes in Coral Gables, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33130, Miami, FL $2,300 $2,900 $3,929 $3,500
33137, Miami, FL $2,298 $3,210 $4,950 $4,500
33178, Doral, FL $2,000 $2,325 $2,770 $3,500
33157, Palmetto Bay, FL $1,275 $1,800 $2,400 $2,900
33014, Hialeah, FL N/A $1,875 $2,300 $2,250

Frequently Asked Questions - Coral Gables Average Rents

What is the average rent price in Coral Gables, FL?
The average monthly rental price for Coral Gables, FL apartments for rent is approximately $4,025. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Coral Gables, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Coral Gables, FL.
How much is a studio apartment in Coral Gables, FL?
The average monthly rental price for studio apartments is $2,025 and an average price per square feet of $4.50. There are a total of 2 studio apartment listings currently available for rent in Coral Gables.
How much is a one bedroom apartment in Coral Gables, FL?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Coral Gables.
How much is a two bedroom apartment in Coral Gables, FL?
The average monthly rental price for two bedroom apartments is $3,850 and an average price per square feet of $2.77. There are a total of 5 two bedroom apartment listings currently available for rent in Coral Gables.
How have rent prices in Coral Gables, FL changed this year?
Rent prices for rentals in Coral Gables, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.06%, one bedroom rental prices have changed by 0.19%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by -0.09% year-over-year.
What is a reasonable rent price in Coral Gables, FL?
A reasonable rent price in Coral Gables, FL is around $3,220/month. You can search for these reasonably priced rental listings on RentHop.
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