Coral Gables (prime, ~$68/sqft/yr) is one of 5 Miami Class A submarkets we track.

  • Coral Gables sits at prime tier.
  • Average rent $68/sqft/yr vs city average 78.
  • Compared submarkets: Brickell (trophy), Downtown (prime), Wynwood & Design District (prime).

Coral Gables vs other Miami submarkets

Coral Gables (prime, ~$68/sqft/yr) is one of 5 Miami Class A submarkets we track.

TL;DR

  • Coral Gables sits at prime tier.
  • Average rent $68/sqft/yr vs city average 78.
  • Compared submarkets: Brickell (trophy), Downtown (prime), Wynwood & Design District (prime).

Side-by-side with peers

**Brickell** (trophy, $105/sqft/yr) — Miami's trophy financial spine. **Downtown** (prime, $72/sqft/yr) — Legacy CBD with deep trophy stock. **Wynwood & Design District** (prime, $75/sqft/yr) — Creative and tech tenant frontier. **Aventura & North Miami** (established, $48/sqft/yr) — Suburban Class A with strong inbound demand.

Key facts

cityMiami
submarketCoral Gables
tierprime
averageRentLocal$68/sqft/yr
cityClassARentUsd$78/sqft/yr
cityVacancyPct11.8%

Frequently asked questions

What other submarkets compete with Coral Gables in Miami?
Brickell, Downtown, Wynwood & Design District

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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