Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Coral Gables city, Florida?
City · Census ACS 5-Year estimates
The median gross rent in Coral Gables city, Florida is $2,373/month (±$209), based on Census ACS 5-Year estimates (2024). The median home value is $1,089,900 (±$74,639), and the median household income is $134,216/year. The unemployment rate in Miami-Dade County, Florida was 3.1% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Coral Gables city, Florida
| Metric | Value |
|---|---|
| Median Gross Rent | $2,373 |
| Median Home Value | $1,089,900 |
| Median Household Income | $134,216 |
| Total Housing Units | 19,210 |
| Renter-Occupied Units | 6,824 |
| Renter-Occupied Share | 36% |
| Households Paying 50%+ Income | 1,819 households |
| Unemployment Rate(April 2026) | 3.1% |
How does Coral Gables city, Florida compare?
Median gross rent ranked against all cities in Florida.
Higher rent than 93% of cities in Florida · 59th of 821
| # | City | Value |
|---|---|---|
| 1 | Siesta Key CDP | $3,501 |
| 1 | South Beach CDP | $3,501 |
| 1 | Key Biscayne village | $3,501 |
| … 55 more … | ||
| 59 | Coral Gables city(you are here) | $2,373 |
| … 759 more … | ||
| 819 | Lake Kerr CDP | $525 |
| 820 | Raleigh CDP | $482 |
| 821 | Inglis town | $344 |
More data for Coral Gables city, Florida
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Frequently asked questions
What is the average rent in Coral Gables city, Florida?
The median gross rent in Coral Gables city, Florida is $2,373/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Coral Gables city, Florida?
The median rent for a 2-bedroom in Coral Gables city, Florida is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Coral Gables city, Florida?
The median home value in Coral Gables city, Florida is $1,089,900 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Coral Gables city are rent-burdened?
In Coral Gables city, Florida, 1,819 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Coral Gables city, Florida?
The median household income in Coral Gables city, Florida is $134,216/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $2,373 has a margin of error of ±$209. In very small areas, MOEs can be large relative to the estimate.
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