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 April 2, 2025, the average rent in Coral Gables is $2,501, which is 0.2% higher 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

$2,000/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

$2,133/Month

TransitScore® Rating

48/100

Units Available

3 Rentals

Flagler is an affordable neighborhood in Coral Gables with an average rent price of $2,133. Compare this to the city average of $2,501. Flagler provides easy access to The Shops At Flagler & Douglas, Miami International, and Miami Science Museum - Closed. It’s a walkable neighborhood with a WalkScore® of 85.

Douglas

Average Rent

$2,312/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

44/100

Units Available

40 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

$2,384/Month

TransitScore® Rating

40/100

Units Available

30 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 $2,384, while the city’s average stands at $2,501. Granada is near Univ. of Miami, Uhealth, The Barnacle Historic State Park, and Caracas Shopping Center.

Baker Homestead

Average Rent

$2,494/Month

Year-Over-Year Rent Change

1.4%

TransitScore® Rating

27/100

Units Available

17 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

$2,494/Month

TransitScore® Rating

27/100

Units Available

17 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.

Lower Riviera

Average Rent

$2,709/Month

Year-Over-Year Rent Change

2.8%

TransitScore® Rating

49/100

Units Available

12 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.

Crafts

Average Rent

$2,965/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

45/100

Units Available

43 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.

Country Club Section

Average Rent

$3,107/Month

TransitScore® Rating

41/100

Units Available

15 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.

Coral Gables Section

Average Rent

$3,187/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

43/100

Units Available

54 Rentals

Coral Gables Section is one of the most popular neighborhoods in the city, known for its beautiful homes and historic charm. Renters will enjoy the proximity to downtown Coral Gables, with its shopping, dining, and cultural attractions.

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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.