Cheapest Neighborhoods in Coral Gables, FL
Some of the cheapest neighborhoods in Coral Gables are Douglas, Granada, 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 September 14, 2026, the average rent in Coral Gables is $2,735, which is 0.4% 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.
Douglas
Average Rent
$2,425/Month
Year-Over-Year Rent Change
1.5%
Units Available
47 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
$2,545/Month
Units Available
34 Rentals
Granada is an affordable neighborhood in Coral Gables with an average rent price of $2,545. Compare this to the city average of $2,735.
Baker Homestead
Average Rent
$2,740/Month
Year-Over-Year Rent Change
1.3%
Units Available
10 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.
Lower Riviera
Average Rent
$2,897/Month
Year-Over-Year Rent Change
3.6%
Units Available
37 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.
Upper Riviera
Average Rent
$2,979/Month
Units Available
53 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
$2,993/Month
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Coral Gables, Golden Gate might be the perfect place! It has an average rent price of $2,993, while the city’s average stands at $2,735. Golden Gate is near Miami Dade Coll., InterAm., Vizcaya Museum and Gardens, and The Kampong.
Coral Gables Section
Average Rent
$3,225/Month
Year-Over-Year Rent Change
2.4%
Units Available
62 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.
Crafts
Average Rent
$3,240/Month
Units Available
66 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
$3,332/Month
Units Available
18 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.
Coconut Grove WH Center
Average Rent
$4,934/Month
Units Available
11 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.