Housing mix

Coral Gables, FL housing supply, ownership, and rent

What the latest ACS housing mix can and cannot tell buyers and renters comparing options in Coral Gables, FL.

Source: U.S. Census Bureau

Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.

Aerial view of a residential housing development
Photo by Pavel Danilyuk via Pexels

The local figures answer the first question: Coral Gables, FL's current ACS housing baseline includes 22,020 total housing units, 19,210 occupied units, and 2,810 vacant units. For the decision at hand, those counts may still help a borrower establish the scale of the measured housing base before comparing tenure, rent, current listings, property condition, and financing. The figures describe stock across the survey period; they do not say that 2,810 homes were listed for sale or available to rent at one moment. In practical terms, reading 22,020 total units with 19,210 occupied and 2,810 vacant units keeps the release internally grounded while leaving live availability to current listing and property evidence.

Coral Gables, FL's ACS median gross rent is $2,373, while renter-occupied units account for 35.5% of occupied housing and owner-occupied units account for 64.5%. For borrower planning, the $2,373 median includes rent and certain utilities for the measured rental stock; it cannot reveal a lease offer comparable to a home under consideration.