Best Affordable Neighborhoods in Coral Gables, FL
Some of the cheapest neighborhoods in Coral Gables are Granada, Douglas, and Upper Riviera. These neighborhoods offer some of the lowest rent prices in Coral Gables, making them ideal for renters on a budget. As of December 16, 2025, the average rent in Coral Gables is $2,662, which is 3.2% 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.
Granada
Average Rent
$2,235/Month
TransitScore® Rating
40/100
Units Available
33 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 $2,235, while the city’s average stands at $2,662. Granada is near Miami International, Miami Intl Airport Ground Level, and Miami Science Museum - Closed.
Douglas
Average Rent
$2,318/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
44/100
Units Available
60 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.
Upper Riviera
Average Rent
$3,001/Month
TransitScore® Rating
47/100
Units Available
59 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.
Golden Gate
Average Rent
$3,016/Month
TransitScore® Rating
53/100
Units Available
28 Rentals
Golden Gate is a top choice for budget-conscious renters for a variety of reasons. The average rent in Golden Gate is $3,016 while the city average is $2,662. Residents enjoy convenient access to The Kampong, Tenth Street/Promenade, and Cocowalk. The neighborhood is considered walkable with a WalkScore® of 84.
Crafts
Average Rent
$3,232/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
45/100
Units Available
61 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
$3,283/Month
Year-Over-Year Rent Change
6.4%
TransitScore® Rating
43/100
Units Available
58 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.
Lower Riviera
Average Rent
$3,377/Month
Year-Over-Year Rent Change
21.2%
TransitScore® Rating
49/100
Units Available
64 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.
Country Club Section
Average Rent
$3,422/Month
TransitScore® Rating
41/100
Units Available
12 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.
Village of Merrick Park
Average Rent
$3,431/Month
TransitScore® Rating
58/100
Units Available
137 Rentals
When you’re looking for a great Coral Gables neighborhood on a budget, check out Village of Merrick Park. The average rent is $3,431, compared to the city average of $2,662. Village of Merrick Park is convenient to Univ. of Miami, Uhealth, Airport Station, and Miami International. The community is walkable with a WalkScore® of 89.
Coconut Grove WH Center
Average Rent
$4,361/Month
TransitScore® Rating
58/100
Units Available
32 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.
Ready to make your move to Coral Gables? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.