Rental prices in Northeast Coconut Grove, Miami, FL have increased by 4.23% over the past year. The average rent moved from $1,558 to $1,624.
Check out the average rent in Miami.
The national average price of rental apartments is $1,740, while the average monthly rent in Northeast Coconut Grove, Miami, FL is $1,624.
The average monthly rent for an apartment in Northeast Coconut Grove, Miami, FL is around $1,624.
A share of 25% of apartments in Northeast Coconut Grove, Miami, FL have the cheapest rents between ≤ $1000. Around 13% of rentals are $2,501-$3,000. Around 35% of Northeast Coconut Grove's apartments have monthly rents between $1,001-$1,500. There are 27% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Northeast Coconut Grove, Miami, FL (35%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Northeast Coconut Grove, Miami, FL is $2,786.
In Northeast Coconut Grove, 48% of the residents are renting compared to 52% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 27% of Northeast Coconut Grove's rentals, 60% are small-scale complexes with under 50 units, and 13% are single-family rentals.
In total, Northeast Coconut Grove, Miami, FL has 11,627 residents, 6,079 women and 5,548 men, per U.S. Census recent estimates. Statistics show that the median age of Northeast Coconut Grove’s population is 42.
There is a total of 4,972 households in Northeast Coconut Grove, Miami, FL. Of these, 1,204 have children and 3,768 are without children. Per Census Bureau’s most current estimates, 2,758 family households and 2,215 non-family households live in this area. The size of a household in Northeast Coconut Grove is 2.31 people, on average. The median household annual income in Northeast Coconut Grove equals $108,394, and the monthly housing costs equal $2,388.
According to data from the U.S. Census Bureau, 2% of the population in Northeast Coconut Grove, Miami, FL have no high school education, 19% went to high-school, and 11% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 32% hold a Bachelor Degree, and 30% hold a Graduate Degree.
