Average Rent in Coral Gables, FL

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Current Versus Historical Coral Gables, FL Rents

Coral Gables rentals average $1,975 for a studio rental to $19,000 for a 4-bedroom rental. The median price of all currently available listings is $4,050, or roughly $3 per square feet.
For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $250 (13.51%) year-over-year from $1,850 to $2,100. 1-bedroom rentals prices have decreased by $17 (-0.66%) year-over-year from $2,517 to $2,500. 2-bedroom rentals prices have increased by $239 (6.14%) year-over-year from $3,898 to $4,138. 3-bedroom rentals prices have increased by $7,383 (86.69%) year-over-year from $8,517 to $15,900. 4-bedroom rentals prices have increased by $8,542 (81.67%) year-over-year from $10,458 to $19,000. 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 up by 5.88% this month. 1-bedroom rents have gone up by 1.35% this month. 2-bedroom rents have gone down by 22.84% this month. 3-bedroom rents have gone up by 66.49% this month. 4-bedroom rents have gone up by 72.73% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.39 $2,100 $1,850 (13.51%) $1,567 (34.04%)
1 BR $3.27 $2,500 $2,517 (-0.66%) $1,967 (27.12%)
2 BR $2.95 $4,138 $3,898 (6.14%) $2,800 (47.77%)
4+ BR $4.66 $19,000 $10,458 (81.67%) $12,000 (58.33%)

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 21 cities nearby Coral Gables. The average rent in Coral Gables is currently $2,900 per month. A total of 17 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $2,100, 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 $9,250 per month.

Let's compare Coral Gables, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Coral Gables, FL is 13.92% more expensive than other cities nearby. One bedrooms are about 20.00% more expensive. Two bedrooms in Coral Gables, FL are about 40.48% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 21 total cities near Coral Gables, FL in the following chart.
City Studio 1 Bed 2 Bed All
Glenvar Heights, FL $2,686 $1,800 $2,500 $2,488
Fountainebleau, FL N/A $2,025 $2,450 $2,500
West Little River, FL $1,323 $1,600 $2,350 $2,500
Hialeah, FL $1,765 $1,800 $2,300 $2,500
Kendall, FL $2,100 $2,000 $2,500 $2,600
Doral, FL $2,100 $2,150 $2,650 $3,300
Miami, FL $2,300 $2,950 $4,000 $3,500
Coral Gables, FL $1,825 $2,400 $3,500 $3,650
Key Biscayne, FL N/A $3,750 $6,950 $8,000
Pinecrest, FL N/A $1,950 $2,450 $9,250

Top Neighborhoods Near Coral Gables

There are a total of 37 neighborhoods in or near Coral Gables. Some of these neighborhoods include Altos Del Mar South, Normandy Isles, and Flamingo - Lummus. We've included the top 30 neighborhoods out of 37 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 $3,000 per month. A total of 26 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $3,000. Out of all the neighborhoods in or near Coral Gables, Altos Del Mar South has the most affordable average rent at $1,875 per month. Whereas, at $9,250 average rent per month, Pinecrest 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 $1,900 $2,875 $1,875
Normandy Isles, Miami Beach, FL $1,600 $1,950 $2,500 $2,050
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $3,200 $2,200
East Little Havana, Miami, FL $1,650 $1,950 $2,325 $2,200
Biscayne Beach, Miami Beach, FL N/A $2,100 $2,500 $2,250
Flagami, Miami, FL $1,450 $1,988 $2,400 $2,300
Allapattah, Miami, FL N/A $1,800 $2,400 $2,350
West Little Havana, Miami, FL $1,500 $1,800 $2,500 $2,400
Upper East Side, Miami, FL $1,745 $1,963 $2,950 $2,400
Liberty City, Miami, FL N/A $1,600 $2,250 $2,438
Glenvar Heights, FL $2,686 $1,800 $2,500 $2,488
West Little River, FL $1,323 $1,600 $2,350 $2,500
Little Haiti, Miami, FL $1,545 $2,000 $2,425 $2,575
South Miami, FL $1,725 $1,983 $3,000 $2,800
Coral Way, Miami, FL $1,950 $2,085 $2,900 $3,000
Treasure Island, North Bay Village, FL $1,838 $2,175 $3,100 $3,000
West Avenue, Miami Beach, FL $2,300 $3,000 $4,922 $3,300
Doral Isles, Doral, FL N/A $2,075 $2,600 $3,400
City Center, Miami Beach, FL $2,800 $3,500 $15,000 $3,500
Media and Entertainment District, Miami, FL $2,365 $3,041 $4,300 $3,500
Downtown Miami, Miami, FL $2,600 $3,000 $4,214 $3,800
Wynwood, Miami, FL $2,600 $3,350 $4,800 $4,100
Brickell, Miami, FL $2,675 $3,300 $4,700 $4,250
Edgewater, Miami, FL $2,100 $3,300 $5,100 $4,950
Park West, Miami, FL $3,360 $4,250 $6,500 $5,200
Bayshore, Miami Beach, FL N/A $4,200 $5,400 $5,700
South Pointe, Miami Beach, FL $1,925 $3,900 $8,250 $6,900
Northeast Coconut Grove, Miami, FL $2,200 $3,300 $8,000 $7,500
Village of Key Biscayne, Key Biscayne, FL N/A $3,750 $6,950 $8,000
Pinecrest, FL N/A $1,950 $2,450 $9,250

Top Counties Near Coral Gables

There are a total of 37 counties located by Coral Gables, FL. Some of these counties include Hialeah, FL, Princeton-Goulds, FL, and Kendall-Palmetto Bay, FL. The average rent for rentals in these counties is $3,100. 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 $2,550. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Coral Gables, FL.

Typically, rent for studios in Coral Gables, FL is 11.39% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Coral Gables, FL is 18.75% more expensive than other counties nearby. Finally, rent for two bedrooms in Coral Gables, FL is 38.93% 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 $1,450 $1,800 $2,300 $2,550
Princeton-Goulds, FL $1,300 $1,575 $2,200 $2,800
Kendall-Palmetto Bay, FL $2,150 $1,963 $2,500 $3,000
North Westside, FL $2,050 $2,100 $2,550 $3,000
Miami, FL $2,200 $2,450 $3,309 $3,200
South Westside, FL $1,350 $1,750 $2,580 $3,550
Miami Beach, FL $2,100 $2,700 $4,950 $3,900
Key Biscayne, FL N/A $3,750 $6,950 $8,000

Top Zipcodes Near Coral Gables

There are a total of 4 zipcodes in or near Coral Gables, FL. The average rent for all of these zipcodes is $3,448. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33157, Palmetto Bay, FL at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $4,498 per month is 33137, Miami, FL.

Studios in these zipcodes have an average rent of $2,200. That's at least $4 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 $2,613 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,325 per month. Which comes out to $3 per sqft. The following chart includes the top 4 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 $2,950 $3,900 $3,495
33137, Miami, FL $2,450 $3,200 $5,000 $4,498
33178, Doral, FL $2,100 $2,275 $2,750 $3,400
33157, Palmetto Bay, FL N/A $1,725 $2,300 $3,000

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 $4,050. 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 $1,975 and an average price per square feet of $4.39. 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 $2,500 and an average price per square feet of $3.27. There are a total of 5 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 $4,200 and an average price per square feet of $2.95. There are a total of 9 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 0.14%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.87% year-over-year.
What is a reasonable rent price in Coral Gables, FL?
A reasonable rent price in Coral Gables, FL is around $3,240/month. You can search for these reasonably priced rental listings on RentHop.
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