2026 Affordability Data
Most Affordable Neighborhoods in Coral Gables - 2026 Data
The median home value in Coral Gables is $737,400, 162% above nat'l avg. Median rent is $3,020/month. With an affordability index of 61, Coral Gables is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Coral Gables, FL area.
Key Takeaways: Affordability in Coral Gables
- 1The most affordable neighborhood in Coral Gables is Miracle Mile, with a median home value of $536,900.
- 2Coral Gables's median home value is $737,400, 162% above nat'l avg (national: $281,900).
- 3Coral Gables's affordability index is 61 (baseline 100), making it less affordable than the national average.
- 4Median rent in Coral Gables is $3,020/month, 160% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Coral Gables to find the most affordable areas based on home values, rent, and affordability index.
Coral Gables Affordability Overview
Median Home Value
$737,400
162% above nat'l avg
Median Rent
$3,020/mo
160% above nat'l avg
Median Income
$130,886
75% above nat'l avg
Affordability Index
61
39% below nat'l avg
Most Affordable Neighborhoods in Coral Gables (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Miracle MileCoral Gables, FL | $536,900 |
| 2 | South GablesCoral Gables, FL | $1,373,500 |
| 3 | SanfordFL | $77,800 |
| 4 | AuburndaleFL | $229,400 |
| 5 | North Palm Beach villageFL | $418,100 |
| 6 | Haines CityFL | $222,100 |
| 7 | SeminoleFL | $279,000 |
| 8 | BartowFL | $195,200 |
| 9 | Belle GladeFL | $136,500 |
| 10 | SebringFL | $152,000 |
| 11 | LakelandFL | $207,800 |
| 12 | MinneolaFL | $348,700 |
| 13 | Holly HillFL | $155,600 |
| 14 | North LauderdaleFL | $234,300 |
| 15 | West ParkFL | $305,400 |
Detailed Neighborhood Profiles
Home Value: $536,900
Rent: $2,242/mo
Affordability: 77
Population: 3,505
Walk Score: 99/100
Home Value: $1,373,500
Rent: $1,829/mo
Affordability: 34
Population: 3,867
Walk Score: 70/100
Home Value: $77,800
Rent: $1,233/mo
Affordability: 258
Population: 1,397
Walk Score: 68/100
4
Home Value: $229,400
Rent: $776/mo
Affordability: 214
Population: 16,432
5
Home Value: $418,100
Rent: $776/mo
Affordability: 214
Population: 13,092
6
Home Value: $222,100
Rent: $776/mo
Affordability: 214
Population: 28,922
7
Home Value: $279,000
Rent: $776/mo
Affordability: 214
Population: 19,287
8
Home Value: $195,200
Rent: $776/mo
Affordability: 214
Population: 19,424
9
Home Value: $136,500
Rent: $776/mo
Affordability: 214
Population: 16,896
10
Home Value: $152,000
Rent: $776/mo
Affordability: 214
Population: 11,006
11
Home Value: $207,800
Rent: $776/mo
Affordability: 214
Population: 114,404
12
Home Value: $348,700
Rent: $776/mo
Affordability: 214
Population: 14,406
13
Home Value: $155,600
Rent: $776/mo
Affordability: 214
Population: 12,919
14
Home Value: $234,300
Rent: $776/mo
Affordability: 214
Population: 44,635
15
Home Value: $305,400
Rent: $776/mo
Affordability: 214
Population: 15,074
Frequently Asked Questions About Affordability in Coral Gables
What is the most affordable neighborhood in Coral Gables, FL?▾
Based on 2026 data, Miracle Mile is the most affordable neighborhood in Coral Gables with a median home value of $536,900. Kurby analyzed 15 neighborhoods in the Coral Gables area to compile these rankings.
What is the median home price in Coral Gables, FL?▾
The median home price in Coral Gables is $737,400, which is 162% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Coral Gables affordable compared to the national average?▾
Coral Gables has an affordability index of 61, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Coral Gables, FL?▾
The median monthly rent in Coral Gables is $3,020. This is 160% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Coral Gables?▾
The median household income in Coral Gables is $130,886 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Coral Gables are below the national average home price?▾
10 out of 15 ranked neighborhoods in Coral Gables have a median home value below the national average of $281,900. The most affordable is Sanford at $77,800 (Source: Kurby, 2026).