Rentometer, Inc. | Data as of 12/04/2025
Coral Gables, often celebrated for its Mediterranean‑style architecture and lush, tree‑lined avenues, offers a sophisticated rental landscape that attracts professionals, families, and university students alike. The city’s blend of historic charm and modern amenities creates a desirable living environment, with easy access to upscale dining on Miracle Miracle Lane, the vibrant University of Miami campus, and cultural attractions such as the Venetian Pool and Biltmore Hotel. This unique mix of elegance and convenience makes Coral Gables a standout choice for renters seeking both style and substance.
The rental market in Coral Gables is diverse, featuring a balanced mix of apartments and single‑family homes. Apartment studios typically sit in the $2600 range, while one‑bedroom units often fall within the $2800 to $3000 bracket. Two‑bedroom apartments approach $3900, and three‑bedroom options generally range from $5800 to $6300, with luxury four‑plus‑bedroom units commanding $8000 and above. For those preferring houses, a one‑bedroom home averages around $2100, two‑bedroom homes hover near $4500, three‑bedroom residences are commonly in the $7000 range, and expansive four‑plus‑bedroom properties exceed $13 000, reflecting the upscale nature of the area.
Neighborhoods such as Coconut Grove, Old Coral Gables, and the historic Mediterrean Village each offer distinctive rental experiences, from charming bungalow streets to high‑rise condo living with views of the Biltmore’s iconic towers. Proximity to parks, top‑rated schools, and a walkable downtown ensures residents enjoy an active, community‑focused lifestyle while remaining close to the vibrancy of Miami. Whether you’re searching for a stylish apartment near the arts scene or a spacious house within a family‑friendly enclave, Coral Gables provides a rental market that balances luxury, convenience, and cultural richness.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,587 | $2,711 | $1,500 - $5,240 | $1,750 - $2,915 |
| Apartment | 1 Bedroom | $2,826 | $2,975 | $1,100 - $4,450 | $1,909 - $3,499 |
| Apartment | 2 Bedroom | $3,867 | $3,692 | $1,900 - $8,200 | $3,000 - $4,250 |
| Apartment | 3 Bedroom | $6,084 | $5,629 | $1,999 - $14,553 | $4,650 - $7,000 |
| House | 1 Bedroom | $1,917 | $1,600 | $800 - $3,650 | $1,175 - $3,100 |
| House | 2 Bedroom | $4,387 | $4,495 | $1,350 - $8,000 | $3,495 - $5,000 |
| House | 3 Bedroom | $7,034 | $6,800 | $3,200 - $15,500 | $5,000 - $8,350 |
| House | 4+ Bedroom | $14,475 | $13,000 | $2,000 - $40,000 | $8,950 - $17,750 |
In the current period, the average rent in Coral Gables was $2,510 for Studio, $2,729 for 1 Bedroom, $4,020 for 2 Bedroom, $6,793 for 3 Bedroom, and $11,108 for 4+ Bedroom.
Data provided by Rentometer, Inc.