Apartments for Rent in Riviera, Coral Gables, FL

Riviera, Coral Gables apartment availability

Riviera's rental market offers a strong selection of listings, with an average of 107 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these rentals come with desirable amenities, including dishwashers, found in 68% of apartments, and swimming pools, available in 60% of listings. Additionally, 64% of apartments offer garage parking, adding to the neighborhood's appeal. With its varied housing options and range of amenities, Riviera is a popular choice for renters in Coral Gables.

Riviera, Coral Gables rental market trends

The Riviera neighborhood in Coral Gables saw a decline in average monthly rent by about 7.5% last year, settling at around $4,711. Broken down by bed count, 1-bedrooms average $3,296 per month, a 3.9% decrease from the previous year. In contrast, 3-bedrooms experienced a 4.7% increase, reaching an average of $6,920. Studio apartments saw a modest 1.1% increase, with an average rent of $3,074.

The rental market in Riviera tends to fluctuate significantly throughout the year. May typically sees the highest rent, with a substantial 31.2% increase compared to November, the month with the lowest rent. This suggests that renters may find more favorable prices during the winter months. However, those searching for a new apartment in the spring can expect to encounter higher prices and potentially more competition.

Why Riviera, Coral Gables is a great place to live

We've analyzed data from the Riviera neighborhood in Coral Gables to understand what makes it an attractive place to live. Our findings suggest that Riviera is an excellent choice for those who value a vibrant social life. The neighborhood's well-designed street infrastructure, frequent transit options, and high walk score make it easy to get around and connect with others. Additionally, the area's focus on safety and shared community spaces foster a sense of community and social connection. If you're looking for a neighborhood that supports an active and engaging lifestyle, Riviera is definitely worth considering.