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All about

Coral Gables, FL

Coral Gables, a small city in Florida, has a population of just under 51,000. Young adults (15-24) make up a higher percentage of the population here (17%) than nationally (14%), meaning they will find no shortage of activities, while young professionals appear in smaller numbers. Home ownership is more common than renting in the area, and 37% of residents rent. With an average rent of $1,597 per month, exceeding the state average by $444/month, relatively high rent costs could play a role in the higher levels of ownership.

Compared to the national average (7%), Coral Gables has a large number of residents over the age of 25 who have advanced degrees, as 14% possess a Master's or a Doctorate. In addition, 20% have earned a Bachelor's degree, which also outpaces the national average. Many Coral Gables residents work in one of four industries: scientific, education, retail, and healthcare. Together, these industries account for 27% of the city's labor force. Meanwhile, looking at job function, many of the city's workers are in management, as 11% of the city's population reports this as their field of work, the highest number of any field. Coral Gables workers earn an average annual income of almost $114,000, more than the state average. Coral Gables's average income also compares favorably to the national average ($73,345).

Coral Gables has an average commute time of about 27 minutes. Driving is the most common way to get to work, selected by 39% of residents, while public transit is not widely used. Few workers (2%) commute on foot, though the number exceeds the national average.

Average Rent in Coral Gables

Studio1 Bed2 Bed3 Bed
Jan 20$2,015$2,455$3,445$4,804
Dec 192,0152,4553,4194,807
Nov 191,0001,6253,1732,800
Oct 191,0001,3503,1782,800
Sep 191,0001,3503,3722,800
Aug 191,5932,6843,3464,615
Jul 191,5822,3933,1964,554
Jun 191,6822,4463,3424,458
May 191,6822,4293,3414,458
Apr 191,6072,4043,3344,283
Mar 191,6072,4043,3434,283
Feb 191,6072,3993,3434,283
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Frequently Asked Questions About Coral Gables

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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