Platform 3750
3750 S Dixie Hwy,
Coconut Grove, FL 33133
Studio - 2 Beds | $2,803 - $3,710
Rental Market Trends in Coconut Grove, FL
What is the average rent in Coconut Grove, FL?
$2,227/month
Average Rent
612 Sq Ft
Average Apartment Size
-2%
Decrease in the Last Year
As of December 2024, the average rent in Coconut Grove, FL is $2,227 per month. This is 43% higher than the national average rent price of $1,560/month, making Coconut Grove one of the most expensive cities in the US. When you rent an apartment in Coconut Grove, you can expect to pay about $2,316 per month for a studio, $2,227 for a one-bedroom apartment, and around $3,386 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Coconut Grove, FL?
In the past year, rent has decreased by 2%, which averages out to $44 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Coconut Grove, FL
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
33%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
33%
Above $2,000/month
What salary do I need to live comfortably in Coconut Grove, FL?
Because the average rent in Coconut Grove is $2,227, you’ll want to make about $7,423 per month or $89,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Coconut Grove, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Coconut Grove, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Apartment communities in Coconut Grove we think you'll love
Property Management Companies in Coconut Grove, FL
RKW Residential Management
-
53
Communities
-
13,310
Units
-
24
Cities
2 Communities in Coconut Grove
LeFrak
-
11
Communities
-
14,717
Units
-
6
Cities
2 Communities in Coconut Grove
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
1 Community in Coconut Grove
AvalonBay
-
185
Communities
-
65,758
Units
-
124
Cities
1 Community in Coconut Grove
ZRS Management
-
277
Communities
-
82,212
Units
-
114
Cities
1 Community in Coconut Grove
Berkshire
-
77
Communities
-
26,767
Units
-
52
Cities
1 Community in Coconut Grove
Mill Creek Residential
-
68
Communities
-
20,593
Units
-
46
Cities
1 Community in Coconut Grove
Gables Residential
-
95
Communities
-
25,432
Units
-
42
Cities
1 Community in Coconut Grove
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.