Most Affordable Neighborhoods in Coral Gables, FL
Some of the cheapest neighborhoods in Coral Gables are Coral Groves, Flagler, and Douglas. These neighborhoods offer some of the lowest rent prices in Coral Gables, making them ideal for renters on a budget. As of March 2, 2025, the average rent in Coral Gables is $2,486, which is 0.3% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Coral Groves
Average Rent
$1,725/Month
TransitScore® Rating
9/100
Units Available
1 Rentals
Coral Groves is a charming neighborhood offering tree-lined streets and historic homes. Renters will enjoy the proximity to local shops, cafes, and the University of Miami.
Flagler
Average Rent
$2,125/Month
TransitScore® Rating
48/100
Units Available
3 Rentals
Flagler is an affordable neighborhood in Coral Gables with an average rent price of $2,125. Compare this to the city average of $2,486. Flagler provides easy access to Vizcaya Museum and Gardens, Brickell (Metromover), and The Barnacle Historic State Park. It’s a walkable neighborhood with a WalkScore® of 85.
Douglas
Average Rent
$2,346/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
44/100
Units Available
41 Rentals
Douglas is a centrally located neighborhood offering a mix of residential homes and commercial spaces. Renters will appreciate the walkability and access to Coral Gables' shopping and dining.
Granada
Average Rent
$2,392/Month
TransitScore® Rating
40/100
Units Available
28 Rentals
If you’re looking for a great, affordable neighborhood in Coral Gables, Granada might be the perfect place! It has an average rent price of $2,392, while the city’s average stands at $2,486. Granada is near The Barnacle Historic State Park, Caracas Shopping Center, and Third Street.
Lower Riviera
Average Rent
$2,449/Month
Year-Over-Year Rent Change
5.8%
TransitScore® Rating
49/100
Units Available
13 Rentals
Lower Riviera is a quiet residential neighborhood located near the University of Miami, offering a mix of historic homes and modern developments. Renters will appreciate the peaceful, tree-lined streets and proximity to local amenities.
Baker Homestead
Average Rent
$2,658/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
27/100
Units Available
13 Rentals
Baker Homestead is a well-established neighborhood offering spacious homes and a suburban feel. Renters will enjoy the proximity to parks, schools, and local shopping centers. The area provides a peaceful atmosphere while still being close to downtown Coral Gables.
Sunrise Point
Average Rent
$2,658/Month
TransitScore® Rating
27/100
Units Available
13 Rentals
Sunrise Point is a waterfront neighborhood offering beautiful views and easy access to outdoor activities like boating and fishing. Renters will appreciate the serene atmosphere and proximity to parks and local amenities. The neighborhood is ideal for those seeking a quiet, coastal lifestyle.
Country Club Section
Average Rent
$3,032/Month
TransitScore® Rating
41/100
Units Available
16 Rentals
Country Club Section is a prestigious neighborhood known for its elegant homes and proximity to the Coral Gables Country Club. Renters will enjoy the luxurious atmosphere and access to golf courses, parks, and fine dining.
Crafts
Average Rent
$3,048/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
45/100
Units Available
47 Rentals
Crafts is a charming downtown neighborhood filled with palm trees and Mediterranean-style architecture. The Miracle Mile, Coral Gable’s premier shopping, dining, and entertainment hub, is located on the north side of the neighborhood.
Upper Riviera
Average Rent
$3,208/Month
TransitScore® Rating
47/100
Units Available
42 Rentals
Wrapped around the University of Miami and home to the Riviera Country Club, Upper Riviera is a popular neighborhood near everything Coral Gables has to offer, including downtown shops, restaurants, and entertainment.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.