Average Rent in Coral Gables, FL

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Current Versus Historical Coral Gables, FL Rents

Coral Gables rentals average $9,255 for a 2-bedroom rental to $9,255 for a 2-bedroom rental. The median price of all currently available listings is $9,255, or roughly $6 per square feet.
For the apartment units and housing in May 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $26 (-1.11%) year-over-year from $2,350 to $2,324. 1-bedroom rentals prices have decreased by $377 (-15.52%) year-over-year from $2,427 to $2,050. 2-bedroom rentals prices have decreased by $225 (-5.33%) year-over-year from $4,225 to $4,000. 3-bedroom rentals prices have decreased by $3,042 (-42.59%) year-over-year from $7,142 to $4,100. 4-bedroom rentals prices have decreased by $2,697 (-16.65%) year-over-year from $16,192 to $13,495. 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 12.02% this month. 1-bedroom rents have gone down by 10.87% this month. 2-bedroom rents have gone up by 0.84% this month. 3-bedroom rents have gone down by 46.41% this month. 4-bedroom rents have gone down by 18.61% this month.
Beds
Price / Sqft
May 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $5.50 $4,000 $4,225 (-5.33%) $4,483 (-10.78%)

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 3 cities nearby Coral Gables. The average rent in Coral Gables is currently $2,995 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that South Miami, FL, with an average rent of $2,995, is the most affordable city nearby. In contrast, the most expensive city near Coral Gables, FL is Miami, FL. Monthly rents here are on average $3,500 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 inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Coral Gables, FL are about 60.42% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 3 cities near Coral Gables, FL in the following chart.
City Studio 1 Bed 2 Bed All
South Miami, FL $1,700 $2,100 $3,100 $2,995
Miami Beach, FL $1,725 $2,651 $3,664 $2,995
Miami, FL $2,300 $2,775 $4,000 $3,500

Top Neighborhoods Near Coral Gables

There are a total of 1 neighborhoods in or near Coral Gables. We've included all of these top 1 neighborhoods in or near Coral Gables, FL in the following chart.

The average rent for these 1 neighborhoods in or near Coral Gables, FL is currently around $5,500 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Coral Gables, Bayshore has the most affordable average rent at $5,500 per month. Whereas, at $5,500 average rent per month, Bayshore is the most expensive neighborhood in or near Coral Gables. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bayshore, Miami Beach, FL $2,050 $2,450 $2,995 $5,500

Top Counties Near Coral Gables

There are a total of 1 counties located by Coral Gables, FL. The average rent for rentals in these counties is $3,150. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Miami, FL. It's average rent per month is $3,000. Vice versa, with an average rent of $3,300, Miami Beach, FL is the most expensive county by Coral Gables, FL.

Typically, rent for studios in Coral Gables, FL is inf% more affordable 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 62.99% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Miami, FL $1,663 $2,000 $3,050 $3,000
Miami Beach, FL $1,750 $2,600 $3,800 $3,300

Top Zipcodes Near Coral Gables



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

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 $9,255. 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 $0 and an average price per square feet of $0.00. There are a total of 0 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 0 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 $9,255 and an average price per square feet of $5.50. There are a total of 3 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 -0.01%, one bedroom rental prices have changed by -0.16%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by -0.43% year-over-year.
What is a reasonable rent price in Coral Gables, FL?
A reasonable rent price in Coral Gables, FL is around $7,404/month. You can search for these reasonably priced rental listings on RentHop.
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