What is the median rent in Coral Terrace, FL?

The median gross rent in Coral Terrace, FL is $1,759 (±$168) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 3,059 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Coral Terrace, the median gross rent went from $1,487 in 2015–2019 to $1,759 in 2020–2024 (+18.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,759 (±$168)
Rented homes
3,059 (±489)
$2,000 or more
36.3%
Since 2015–2019
+18.3%

How much rent costs in Coral Terrace

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentCoral TerraceMiami-Dade CountyFloridaUnited States
Less than $5000.7% (±1.0 points)5.7%3.6%6.3%
$500 to $99911.3% (±10.9 points)6.3%10.7%20.2%
$1,000 to $1,49923.2% (±8.4 points)19.0%26.0%28.1%
$1,500 to $1,99928.5% (±9.6 points)28.8%28.8%21.1%
$2,000 to $2,49922.4% (±8.0 points)19.5%17.4%12.0%
$2,500 to $2,9999.3% (±4.2 points)9.9%7.2%5.5%
$3,000 or more4.6% (±2.9 points)10.8%6.3%6.8%

The most common range is $1,500 to $1,999, paid by 28.5% of renting households.

36.3% of rented homes in Coral Terrace cost $2,000 or more a month.

Coral Terrace against Miami-Dade County, its state and the nation

Estimate (90% margin of error)
Coral TerraceMiami-Dade CountyFloridaUnited States
Median gross rent$1,759 (±$168)$1,829 (±$10)$1,669 (±$5)$1,413
Rented homes paying rent3,059 (±489)451,853 (±5,202)2,716,443 (±16,958)42,849,984

In Coral Terrace, median gross rent is not measurably different from Miami-Dade County ($1,829).

It is not measurably different from Florida ($1,669).

It is higher than the national figure ($1,413).

In Miami-Dade County, Coral Terrace ranks 43 of 66 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 281 of 793.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Coral Terrace has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,487 (±$100)$1,759 (±$168)+18.3%No measurable change after inflation
Households that rent32.8% (±3.3 points)39.7% (±4.2 points)+6.9 percentage pointsMeasurable increase
Rental vacancy rate2.3% (±2.5 points)3.7% (±2.7 points)+1.4 percentage pointsNot a measurable change

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.

Median gross rent in places near Coral Terrace

Nearest places with a published estimate, compared with Coral Terrace
PlaceDistanceMedian gross rentCompared with this place
Coral Terrace—$1,759 (±$168)—
West Miami0.9 mi$2,210 (±$140)Higher
Olympia Heights2.5 mi$2,124 (±$583)Not measurably different
Glenvar Heights2.6 mi$1,973 (±$96)Higher
South Miami2.7 mi$1,764 (±$149)Not measurably different
Westchester3.0 mi$1,819 (±$71)Not measurably different
Fountainebleau3.2 mi$2,094 (±$71)Higher
Sunset4.1 mi$2,118 (±$158)Higher
Westwood Lakes4.3 mi$2,472 (±$474)Higher

Nearby places with a measurably higher figure: West Miami, FL ($2,210), Glenvar Heights, FL ($1,973), Fountainebleau, FL ($2,094).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Miami-Dade County, place by place

RankPlaceMedian gross rent
37Ojus$1,810 (±$63)
38Kendall West$1,808 (±$73)
39Richmond Heights$1,801 (±$94)
40Miami Gardens$1,787 (±$53)
41Sweetwater$1,771 (±$82)
42South Miami$1,764 (±$149)
43Coral Terrace$1,759 (±$168)
44Miami$1,758 (±$26)
45North Miami Beach$1,750 (±$62)
46Leisure City$1,723 (±$70)
47Naranja$1,713 (±$60)
48North Miami$1,702 (±$47)
49 (tie)Hialeah$1,689 (±$24)

Showing 13 of 66 places in Miami-Dade County, ranked from highest to lowest.

Coral Terrace is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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 Terrace

What is the average rent in Coral Terrace, FL?

The Census Bureau publishes the median rather than the average: the median gross rent in Coral Terrace is $1,759 (±$168) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Coral Terrace?

In Coral Terrace, the median gross rent went from $1,487 in 2015–2019 to $1,759 in 2020–2024 (+18.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Coral Terrace cost more than $2,000 a month?

36.3% of rented homes in Coral Terrace have a gross rent of $2,000 or more a month, and 0.7% cost less than $500.

Is rent in Coral Terrace higher than in Miami-Dade County?

In Coral Terrace, median gross rent is not measurably different from Miami-Dade County ($1,829).

It is not measurably different from Florida ($1,669).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

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) for Coral Terrace CDP, Florida (place:14412, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

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 .

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