Most Affordable Neighborhoods in Coral Gables, FL

Some of the cheapest neighborhoods in Coral Gables are Flagler, Douglas, and Baker Homestead. These neighborhoods offer some of the lowest rent prices in Coral Gables, making them ideal for renters on a budget. As of November 26, 2024, the average rent in Coral Gables is $2,450, which is 0.2% 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.

Flagler

Average Rent

$2,300/Month

TransitScore® Rating

48/100

Units Available

1 Rentals

Flagler is an affordable neighborhood in Coral Gables with an average rent price of $2,300. Compare this to the city average of $2,450. Flagler provides easy access to Arena/State Plaza, Miami Intl Airport Ground Level, and USAHS. It’s a walkable neighborhood with a WalkScore® of 85.

Douglas

Average Rent

$2,342/Month

Year-Over-Year Rent Change

3.1%

TransitScore® Rating

44/100

Units Available

14 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.

Baker Homestead

Average Rent

$2,730/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

27/100

Units Available

15 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

$2,730/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.

Crafts

Average Rent

$2,944/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

45/100

Units Available

32 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.

Coral Gables Section

Average Rent

$3,186/Month

Year-Over-Year Rent Change

4.8%

TransitScore® Rating

43/100

Units Available

52 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.

Country Club Section

Average Rent

$3,445/Month

TransitScore® Rating

41/100

Units Available

20 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.

Upper Riviera

Average Rent

$3,527/Month

TransitScore® Rating

47/100

Units Available

41 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.

Lower Riviera

Average Rent

$3,785/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

49/100

Units Available

10 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.

Coconut Grove WH Center

Average Rent

$4,183/Month

TransitScore® Rating

58/100

Units Available

23 Rentals

Coconut Grove WH Center is a lively neighborhood offering a mix of shopping, dining, and cultural attractions. Renters will enjoy the walkable streets and proximity to Coconut Grove’s waterfront parks. The area is perfect for those seeking an energetic, friendly community with coastal charm.

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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.