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Coral Gables tops list of South Florida’s highest rent communities

by Patrick Regan

Several South Florida communities have some of the highest average rents in the country, according to a recent analysis by Rent.com

Coral Gables has the sixth-highest average monthly rent in the country at $4,310. Other South Florida communities in the top 100 include Fort Lauderdale (20), Miami (33), Doral (37), Boca Raton (49), West Palm Beach (57), Palm Beach Gardens (58), Hialeah (63), Boynton Beach (74), Margate (81) and Hollywood (95). 

The report noted most of the highest rent cities are on the West Coast or in the South. Forty-one of the top 100 communities for rent are in California and 15 are in Florida.

The 10 cities with the highest average rents:

  1. Jersey City, N.J. — $5,500 per month
  2. Boston — $4,878
  3. Palo Alto, California — $4,672
  4. Glendale, California — $4,472
  5. Santa Monica, California — $4,357
  6. Coral Gables, Florida — $4,310
  7. Hoboken, N.J. — $4,264
  8. Redmond, Washington — $4,222
  9. San Diego — $4,202
  10. Newport Beach, California — $4,178

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