Last updated
Average Rent in Coconut Grove & Rent Trends
Rent prices and market trends across 1 apartment community in Coconut Grove, Miami Beach, FL. Updated daily.
Market Average
$3,778/mo
Lowest Available
$2,064/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
31
available now
Coconut Grove vs Miami Beach, FL Average
Coconut Grove is more expensive the Miami Beach, FL average by $462/mo (14%). The citywide average is $3,316/mo across all neighborhoods.
Is Rent Going Up or Down in Coconut Grove?
As of July 2026, the average rent in Coconut Grove is $3,778 per month across 1 apartment community and 31 available units.
The most affordable option is Grove Central Residences starting at $2,064/mo. By unit type, a studio averages $3,778/mo.
Prices range from $2,064 to $8,840 per month. The most common price point is the $2,800 range, where 7 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Coconut Grove
Rent Prices by Apartment in Coconut Grove
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Grove Central Residences | $2,064/mo | $3,778/mo | 31 | 4.7 |
Frequently Asked Questions About Rent in Coconut Grove
What is the average rent in Coconut Grove?
Is rent going up or down in Coconut Grove?
What is the cheapest apartment in Coconut Grove?
How many apartments are available in Coconut Grove?
What salary do I need to live comfortably in Coconut Grove?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$151,000/year
Based on the 30 percent rule, using our tracked average rent of $3,778/mo.
Comfortable income
$181,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,064/mo), you need to earn at least $83,000/year.
Cost of living in Coconut Grove
We only have live rent data for Coconut Grove so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,778 |
| Estimated total | $3,778/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for Coconut Grove Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Coconut Grove Apartments
Browse all 1 communities with daily-updated pricing and availability.