Most Affordable Neighborhoods in Coral Gables, FL
Some of the cheapest neighborhoods in Coral Gables are Flagler, Granada, 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 25, 2025, the average rent in Coral Gables is $2,626, which is 1.9% 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.
Flagler
Average Rent
$2,106/Month
TransitScore® Rating
48/100
Units Available
4 Rentals
Flagler is a top choice for budget-conscious renters for a variety of reasons. The average rent in Flagler is $2,106 while the city average is $2,626. Residents enjoy convenient access to Miami International, The Kampong, and Miami Dade College, Medical. The neighborhood is considered walkable with a WalkScore® of 85.
Granada
Average Rent
$2,265/Month
TransitScore® Rating
40/100
Units Available
19 Rentals
When you’re looking for a great Coral Gables neighborhood on a budget, check out Granada. The average rent is $2,265, compared to the city average of $2,626. Granada is convenient to Flagler Plaza, Caracas Shopping Center, and The Kampong. The community is walkable with a WalkScore® of 71.
Douglas
Average Rent
$2,337/Month
Year-Over-Year Rent Change
0.5%
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.
Lower Riviera
Average Rent
$2,350/Month
Year-Over-Year Rent Change
10.6%
TransitScore® Rating
49/100
Units Available
18 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.
Sunrise Point
Average Rent
$2,487/Month
TransitScore® Rating
27/100
Units Available
15 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.
Baker Homestead
Average Rent
$2,510/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
27/100
Units Available
19 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.
Crafts
Average Rent
$2,846/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
45/100
Units Available
48 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
$3,283/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
$3,398/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
43/100
Units Available
63 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.
Upper Riviera
Average Rent
$3,527/Month
TransitScore® Rating
47/100
Units Available
65 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.