Rental market snapshot for Coral Gables, Florida

Coral Gables, Florida Rental Property Market Overview

Coral Gables, Florida is a vibrant city located in Miami-Dade County. As of 2021, the population of Coral Gables is estimated to be 48,375, according to the US Census. The city is known for its Mediterranean-style architecture, lush parks, and tree-lined streets. It is home to the University of Miami, the Fairchild Tropical Botanic Garden, and the iconic Venetian Pool. Coral Gables is also a popular destination for shopping, dining, and entertainment. With its vibrant culture, beautiful scenery, and diverse population, Coral Gables is a great place to live and visit.

The average rent for an apartment in Coral Gables is $4,307. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Coral Gables Florida | Cost of Living

  • The most expensive ZIP code in Coral Gables is 33158 with an average price of $5,551.
  • The cheapest ZIP code in Coral Gables is 33143 with an average price of $3,099.

Coral Gables ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent

Live near Coral Gables, Florida's Top Sights and Attractions

Old Cutler Bike Path is a scenic, 12-mile long paved trail that winds through lush tropical foliage and along the shore of Biscayne Bay. It is a popular spot for cyclists, joggers, and walkers, as well as birdwatchers, who can spot a variety of species along the way. The path is lined with benches and picnic tables, making it a great spot for a leisurely stroll or a picnic lunch. The path also offers stunning views of the bay and the Miami skyline.

Matheson Hammock Park is a beautiful outdoor oasis located in South Florida. It features a man-made atoll pool, a beach, and a marina. Visitors can enjoy a variety of activities such as swimming, kayaking, fishing, and picnicking. The park also has a playground, a nature trail, and a boardwalk that winds through the mangroves. The park is surrounded by lush vegetation and is a great spot for bird watching.

Gifford Arboretum is a lush, tropical oasis located in South Florida. It features over 500 species of tropical and subtropical plants, including palms, cycads, and bromeliads. Visitors can explore winding pathways, a butterfly garden, and a lake with a boardwalk. The Arboretum also offers educational programs, guided tours, and special events throughout the year.

The Coral Gables Youth Center War Memorial is a memorial dedicated to the men and women who served in the armed forces. It features a large granite monument with a bronze plaque inscribed with the names of those who served in World War I, World War II, the Korean War, and the Vietnam War. The memorial also includes a flagpole, benches, and a fountain. The memorial is surrounded by lush gardens and is a popular spot for visitors to take in the beauty of the area.

Fairchild Tropical Botanic Garden is a lush, 83-acre oasis located in South Florida. It features a wide variety of tropical plants, including palms, cycads, flowering trees, and vines. Visitors can explore the winding paths and trails, take a guided tour, or attend a special event. The garden also features a butterfly garden, a rainforest, and a lake with a boardwalk. There are also educational programs, classes, and workshops available.

Venetian Pool is a historic public swimming pool located in Coral Gables, Florida. It is a Mediterranean-style pool with a unique design that features two waterfalls, grottos, caves, and a bridge. The pool is filled with spring water from an underground aquifer and is surrounded by lush tropical foliage. It is a popular destination for swimming, sunbathing, and relaxation.

Salvadore Park is a lush, green oasis in the heart of a bustling urban area. It features a large lake, walking trails, and plenty of open space for picnicking and outdoor activities. The park also has a playground, tennis courts, and a basketball court. There are plenty of trees and benches for relaxing, and the lake is a popular spot for fishing and boating. The park is a great place to spend a day with family and friends, and it's a great spot to take in the beauty of nature.

R Hardy Matheson Preserve is a lush, natural oasis located in South Florida. It is a popular destination for hikers, bird watchers, and nature lovers alike. The preserve is home to a variety of wildlife, including alligators, turtles, and a variety of birds. There are also several trails that wind through the preserve, allowing visitors to explore the area and take in its natural beauty. The preserve also features a boardwalk, which provides a great view of the wetlands and the surrounding area.

The Lowe Art Museum is an art museum located in Coral Gables, Florida. It is home to a large collection of art from around the world, including works from the Renaissance, Baroque, and Modern periods. The museum also features a variety of special exhibitions, educational programs, and events. Visitors can explore the museum's permanent collection, which includes paintings, sculptures, prints, photographs, and other works of art. The museum also offers a variety of educational programs and activities for children and adults.

The South Florida National Parks Trust is a non-profit organization dedicated to preserving and protecting the natural beauty of the area. Located in Coral Gables, Florida, the Trust offers a variety of activities and programs to help visitors explore and appreciate the unique environment of South Florida. Visitors can take guided tours of the Everglades, kayak through the mangroves, or take a boat tour of the Ten Thousand Islands. The Trust also offers educational programs, such as lectures and workshops, to help visitors learn more about the area's history and ecology. With its commitment to conservation and education, the South Florida National Parks Trust is a great way to experience the beauty of South Florida.

Coral Gables, Florida area median rent change by ZIP code map

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How does Coral Gables compare to other cities in Florida?

citymedian price
Biscayne Park$3,163
Winter Garden$2,435
Florida City$2,250
Orange Park$1,865
Lake Wales$1,835
Atlantic Beach$1,730

Average household income in Coral Gables area graph - US Census

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The median household income in Coral Gables in 2021 was $113,623. This represents a 33.4% change from 2011 when the median was $85,183.

0Less than $10,0006.1%
1$10,000 to $14,9993.5%
2$15,000 to $19,9992.2%
3$20,000 to $24,9992.6%
4$25,000 to $29,9992.6%
5$30,000 to $34,9991.9%
6$35,000 to $39,9991.9%
7$40,000 to $44,9992.6%
8$45,000 to $49,9991.5%
9$50,000 to $59,9994.0%
10$60,000 to $74,9998.4%
11$75,000 to $99,9999.8%
12$100,000 to $124,9999.3%
13$125,000 to $149,9996.0%
14$150,000 to $199,99910.5%
15$200,000 or more26.9%

Neighborhoods in Coral Gables

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Coral Gables is $4,307.
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