What percentage of people rent in Coral Gables, FL?
35.5% (±2.8 points) of the occupied homes in Coral Gables, FL are rented (2020–2024 American Community Survey).
That is 6,824 renting households against 12,386 that own their home.
In Coral Gables, the share of households that rent went from 36.5% in 2015–2019 to 35.5% in 2020–2024 (−1.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 35.5% (±2.8 points)
- Renting households
- 6,824 (±608)
- Median renter income
- $80,000 (±$16,137)
Who rents and who owns in Coral Gables
| Coral Gables | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 35.5% (±2.8 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 6,824 (±608) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 12,386 (±636) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.0 (±0.1) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.1) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $80,000 (±$16,137) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $180,601 (±$20,293) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In Coral Gables, the renter share is lower than in Miami-Dade County (47.8%).
It is also higher than in Florida (32.4%).
It is not measurably different from the national figure (34.8%).
In Miami-Dade County, Coral Gables ranks 43 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 286 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Coral Gables has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 36.5% (±2.5 points) | 35.5% (±2.8 points) | −1.0 percentage points | Not a measurable change |
| Median gross rent | $1,693 (±$80) | $2,373 (±$209) | +40.2% | Up after inflation |
| Median household income | $100,843 (±$8,725) | $134,216 (±$5,750) | +33.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Coral Gables
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Coral Gables | — | 35.5% (±2.8 points) | — |
| South Miami | 2.7 mi | 39.8% (±5.2 points) | Not measurably different |
| Pinecrest | 3.0 mi | 17.2% (±3.1 points) | Lower |
| Glenvar Heights | 3.8 mi | 56.5% (±5.2 points) | Higher |
| Coral Terrace | 5.1 mi | 39.7% (±4.2 points) | Not measurably different |
| Palmetto Bay | 5.5 mi | 21.8% (±3.7 points) | Lower |
| West Miami | 5.6 mi | 49.7% (±5.7 points) | Higher |
| Olympia Heights | 5.7 mi | 15.2% (±5.3 points) | Lower |
| Sunset | 5.9 mi | 23.0% (±4.3 points) | Lower |
Nearby places with a measurably lower figure: Pinecrest, FL (17.2%), Palmetto Bay, FL (21.8%), Olympia Heights, FL (15.2%).
Nearby places with a measurably higher figure: Glenvar Heights, FL (56.5%), West Miami, FL (49.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Miami-Dade County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 37 | Hialeah Gardens | 38.8% (±4.7 points) |
| 38 | South Miami Heights | 37.9% (±3.3 points) |
| 39 | Kendall | 37.8% (±2.8 points) |
| 40 | The Hammocks | 37.3% (±3.5 points) |
| 41 | Aventura | 36.4% (±3.7 points) |
| 42 | Miami Gardens | 35.6% (±2.0 points) |
| 43 | Coral Gables | 35.5% (±2.8 points) |
| 44 (tie) | Ojus | 34.8% (±5.9 points) |
| 44 (tie) | Westchester | 34.8% (±3.4 points) |
| 46 | Westview | 34.5% (±8.7 points) |
| 47 | Medley | 34.0% (±11.8 points) |
| 48 (tie) | Key Biscayne | 33.4% (±4.5 points) |
| 48 (tie) | Three Lakes | 33.4% (±5.0 points) |
Showing 13 of 70 places in Miami-Dade County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Coral Gables
How many renters are there in Coral Gables?
Coral Gables has an estimated 6,824 (±608) renting households, 35.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Coral Gables?
In Coral Gables, the share of households that rent went from 36.5% in 2015–2019 to 35.5% in 2020–2024 (−1.0 percentage points), not a measurable change.
How big are renting households in Coral Gables?
A renting household in Coral Gables has 2.0 people on average, against 2.4 in an owned home.
How much do renters earn in Coral Gables?
The median renting household in Coral Gables, FL has an income of $80,000 (±$16,137) a year, against $180,601 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Coral Gables city, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Coral Gables city, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Coral Gables city, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Coral Gables city, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Coral Gables city, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Coral Gables city, Florida (place:14250, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Coral Gables
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- Fair Market Rent in Coral Gables
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by share of renters
- Housing data for every place in Florida