Average Rent in Coral Way, Miami, FL

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Current Versus Historical Coral Way, Miami, FL Rents

Coral Way rentals average $1,798 for a studio rental to $6,500 for a 4-bedroom rental. The median price of all currently available listings is $2,995, or roughly $3 per square feet.
For the apartment units and housing in February 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $227 (-11.61%) year-over-year from $1,952 to $1,725. 1-bedroom rentals prices have decreased by $83 (-3.82%) year-over-year from $2,183 to $2,100. 2-bedroom rentals prices have decreased by $33 (-1.16%) year-over-year from $2,883 to $2,850. 3-bedroom rentals prices have decreased by $446 (-10.29%) year-over-year from $4,333 to $3,888. 4-bedroom rentals prices have increased by $475 (8.41%) year-over-year from $5,650 to $6,125. 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 0.98% this month. 1-bedroom rents have gone down by 1.56% this month. 2-bedroom rents have gone up by 0.02% this month. 3-bedroom rents have gone down by 15.03% this month. 4-bedroom rents have gone up by 15.75% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.00 $1,725 $1,952 (-11.61%) $1,585 (8.86%)
1 BR $3.35 $2,100 $2,183 (-3.82%) $1,897 (10.73%)
2 BR $3.00 $2,850 $2,883 (-1.16%) $2,567 (11.04%)
3 BR $2.83 $3,888 $4,333 (-10.29%) $3,790 (2.58%)
4+ BR $3.10 $6,125 $5,650 (8.41%) $5,892 (3.96%)

Historical Rents in Coral Way, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Coral Way

There are a total of 31 cities nearby Coral Way. The average rent in Coral Way is currently $2,850 per month. A total of 19 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $2,125, is the most affordable city nearby. In contrast, the most expensive city near Coral Way, Miami, FL is Pinecrest, FL. Monthly rents here are on average $9,500 per month.

Let's compare Coral Way, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Coral Way, Miami, FL is 17.94% more expensive than other cities nearby. One bedrooms are about 10.00% more expensive. Two bedrooms in Coral Way, Miami, FL are about 15.52% more expensive. Finally, rent for three bedrooms are about 16.67% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near Coral Way, Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
Fountainebleau, FL $1,475 $2,013 $2,450 $2,450
Glenvar Heights, FL $2,298 $1,850 $2,500 $2,498
West Little River, FL $1,395 $1,500 $2,300 $2,795
North Bay Village, FL $1,850 $2,250 $3,100 $3,000
Doral, FL $2,100 $2,250 $2,650 $3,250
Miami, FL $2,263 $2,950 $4,000 $3,500
Miami Beach, FL $2,200 $2,700 $4,925 $3,500
Coral Gables, FL $1,800 $2,500 $3,400 $3,650
Key Biscayne, FL N/A $3,250 $6,700 $7,500
Pinecrest, FL N/A $1,890 $2,400 $9,500

Top Neighborhoods Near Coral Way

There are a total of 41 neighborhoods in or near Coral Way. Some of these neighborhoods include Altos Del Mar South, Normandy Isles, and Flamingo - Lummus. We've included the top 30 neighborhoods out of 41 total neighborhoods in or near Coral Way, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Coral Way, Miami, FL is currently around $3,000 per month. A total of 19 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $3,000. Interestingly, the neighborhoods' average rent is higher than Coral Way's average rent, which is only $2,995. Out of all the neighborhoods in or near Coral Way, Altos Del Mar South has the most affordable average rent at $1,950 per month. Whereas, at $9,500 average rent per month, Pinecrest is the most expensive neighborhood in or near Coral Way. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,600 $1,900 $2,850 $1,950
Normandy Isles, Miami Beach, FL $1,600 $1,950 $2,500 $2,100
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $3,200 $2,175
Biscayne Beach, Miami Beach, FL N/A $2,000 $2,525 $2,200
Allapattah, Miami, FL $1,600 $1,850 $2,350 $2,200
East Little Havana, Miami, FL $1,525 $1,950 $2,400 $2,250
Flagami, Miami, FL $1,400 $1,995 $2,375 $2,300
Liberty City, Miami, FL $1,425 $1,600 $2,250 $2,313
West Little Havana, Miami, FL $1,525 $1,800 $2,500 $2,450
Upper East Side, Miami, FL $1,650 $2,050 $3,000 $2,475
Glenvar Heights, FL $2,298 $1,850 $2,500 $2,498
Little Haiti, Miami, FL $1,550 $2,000 $2,500 $2,650
West Little River, FL $1,395 $1,500 $2,275 $2,723
Treasure Island, North Bay Village, FL $1,850 $2,325 $3,000 $3,000
South Miami, FL $1,775 $1,900 $3,000 $3,000
Doral Isles, Doral, FL N/A $2,075 $2,645 $3,400
City Center, Miami Beach, FL $2,800 $3,500 $9,000 $3,500
West Avenue, Miami Beach, FL $2,650 $3,095 $4,950 $3,500
Media and Entertainment District, Miami, FL $2,400 $3,100 $4,268 $3,500
Downtown Miami, Miami, FL $2,400 $3,000 $4,200 $3,800
Wynwood, Miami, FL $2,473 $3,400 $4,500 $4,100
Brickell, Miami, FL $2,725 $3,400 $4,600 $4,200
Altos Del Mar, Surfside, FL $2,800 $2,950 $4,650 $4,500
Edgewater, Miami, FL $1,900 $3,200 $4,900 $4,775
Park West, Miami, FL $3,150 $4,200 $6,400 $5,150
Bayshore, Miami Beach, FL N/A $4,000 $5,250 $5,900
South Pointe, Miami Beach, FL $2,150 $3,950 $8,000 $6,625
Northeast Coconut Grove, Miami, FL $2,200 $3,200 $7,300 $7,500
Village of Key Biscayne, Key Biscayne, FL N/A $3,250 $6,700 $7,500
Pinecrest, FL N/A $1,890 $2,400 $9,500

Top Counties Near Coral Way

There are a total of 41 counties located by Coral Way, Miami, FL. Some of these counties include Hialeah, FL, Kendale Lakes-Tamiami, FL, and Miami Gardens, FL. The average rent for rentals in these counties is $2,975. That's roughly around $3 per sqft. A total of 5 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 Way, Miami, FL.

Typically, rent for studios in Coral Way, Miami, FL is 13.91% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Coral Way, Miami, FL is 2.38% more expensive than other counties nearby. Finally, rent for two bedrooms in Coral Way, Miami, FL is 11.21% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Hialeah, FL $1,500 $1,850 $2,300 $2,500
Kendale Lakes-Tamiami, FL $1,450 $1,850 $2,400 $2,800
Miami Gardens, FL $1,300 $1,500 $2,200 $2,800
Hallandale Beach, FL $1,595 $2,100 $3,000 $2,850
North Westside, FL $2,000 $2,100 $2,500 $2,950
Kendall-Palmetto Bay, FL $2,075 $2,000 $2,500 $3,000
Miami, FL $2,100 $2,500 $3,300 $3,200
South Westside, FL $1,300 $1,750 $2,650 $3,500
Miami Beach, FL $2,150 $2,700 $4,999 $3,900
Key Biscayne, FL N/A $3,250 $6,700 $7,500

Top Zipcodes Near Coral Way

There are a total of 10 zipcodes in or near Coral Way, Miami, FL. The average rent for all of these zipcodes is $2,925. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33179, Ives Estates, FL at $2,300 per month. In comparison, the zipcode with the most expensive average rent of $4,393 per month is 33137, Miami, FL.

Studios in these zipcodes have an average rent of $1,563. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Coral Way, Miami, FL is $2,000 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,613 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Coral Way, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33130, Miami, FL $2,500 $2,950 $4,000 $3,495
33137, Miami, FL $2,275 $3,150 $4,800 $4,393
33178, Doral, FL $2,050 $2,275 $2,750 $3,300
33014, Hialeah, FL N/A $1,895 $2,375 $2,388
33157, Palmetto Bay, FL N/A $1,700 $2,475 $3,000
33015, Country Club, FL N/A $1,850 $2,300 $2,350
33179, Ives Estates, FL $1,550 $1,780 $2,300 $2,300
33180, Aventura, FL $2,338 $2,400 $3,400 $3,500
33025, Miramar, FL N/A $1,900 $2,300 $2,412
33009, Hallandale Beach, FL $1,575 $2,100 $3,000 $2,850

Frequently Asked Questions - Coral Way Average Rents

What is the average rent price in Coral Way, Miami, FL?
The average monthly rental price for Coral Way, Miami, FL apartments for rent is approximately $2,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Coral Way, Miami, 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 Way, Miami, FL.
How much is a studio apartment in Coral Way, Miami, FL?
The average monthly rental price for studio apartments is $1,798 and an average price per square feet of $4.00. There are a total of 14 studio apartment listings currently available for rent in Coral Way.
How much is a one bedroom apartment in Coral Way, Miami, FL?
The average monthly rental price for one bedroom apartments is $2,100 and an average price per square feet of $3.35. There are a total of 63 one bedroom apartment listings currently available for rent in Coral Way.
How much is a two bedroom apartment in Coral Way, Miami, FL?
The average monthly rental price for two bedroom apartments is $2,900 and an average price per square feet of $3.00. There are a total of 87 two bedroom apartment listings currently available for rent in Coral Way.
How have rent prices in Coral Way, Miami, FL changed this year?
Rent prices for rentals in Coral Way, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.12%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by -0.10% year-over-year.
What is a reasonable rent price in Coral Way, Miami, FL?
A reasonable rent price in Coral Way, Miami, FL is around $2,396/month. You can search for these reasonably priced rental listings on RentHop.
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