Gables Columbus Center
60 Minorca Ave,
Coral Gables, FL 33134
Studio - 3 Beds | $2,997 - $10,357
Rental Market Trends in Coral Gables, FL
What is the average rent in Coral Gables, FL?
$2,528/month
Average Rent
690 Sq Ft
Average Apartment Size
+1.3%
Increase in the Last Year
As of January 2025, the average rent in Coral Gables, FL is $2,528 per month. This is 63% higher than the national average rent price of $1,554/month, making Coral Gables one of the most expensive cities in the US. When you rent an apartment in Coral Gables, you can expect to pay about $2,348 per month for a studio, $2,528 for a one-bedroom apartment, and around $3,760 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $6,343 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 Coral Gables, FL?
In the past year, rent has increased by 1.3%, which averages out to $34 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Coral Gables, FL
Last Updated January 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
7%
$700 - $1,000/month
30%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
41%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Coral Gables?
Based on current rent prices, Coral Groves, Flagler and Granada are the most affordable neighborhoods in Coral Gables.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Coral Gables?
Based on current rent prices, Coconut Grove WH Center, Country Club Section and Coral Gables Section are the most expensive neighborhoods in Coral Gables.
Neighborhood
Average Rent
Average Sq Ft
Which Coral Gables neighborhoods have the most rentals available?
The neighborhoods in Coral Gables with the most apartments available are Coral Gables Section, Upper Riviera and Crafts .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Coral Gables, FL?
Because the average rent in Coral Gables is $2,528, you’ll want to make about $8,426 per month or $101,112 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 Coral Gables, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Coral Gables, 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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
Apartment communities in Coral Gables we think you'll love
Property Management Companies in Coral Gables, FL
Legacy Residential Group
-
27
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4,648
Units
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13
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4 Communities in Coral Gables
Greystar
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3,229
Communities
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892,662
Units
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828
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Westdale
-
103
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27,069
Units
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48
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Gables Residential
-
95
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25,432
Units
-
42
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3 Communities in Coral Gables
Highmark Residential
-
223
Communities
-
63,537
Units
-
120
Cities
2 Communities in Coral Gables
ZRS Management
-
283
Communities
-
83,878
Units
-
118
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2 Communities in Coral Gables
Grand Peaks
-
38
Communities
-
10,685
Units
-
25
Cities
2 Communities in Coral Gables
RKW Residential Management
-
54
Communities
-
13,576
Units
-
24
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2 Communities in Coral Gables
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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.