Are you looking for a rental in Coral Gables and having trouble finding something? Looking at our statistics, you are not the only one! There are currently only 138 rentals on the market in Coral Gables. This month alone, 90 properties in Coral Gables have rented, and last month 110 were rented. We’re practically renting the units as fast as we are listing them! As would be expected, rental rates are on the rise considering this demand we are seeing for them. Take 55 Merrick Way for example – last year at this time, a 2 bedroom unit rented in there on average for $2,600 per month. This year, we’re seeing the average rates there closer to $2,750. Yet again, our lack of inventory and credible demand is driving our rates up. If you don’t act very quickly on these listings, they’re gone before you even have a chance to see them!