What income do you need to buy a house in Coral Gables, FL?
It takes about $469,000/yr to afford the typical Coral Gables, FL home ($1.56M, +6.9% past year) at today's rates. Starter homes run around $639K. See if you can afford a house in Coral Gables (2026 data) — free, no signup.
Market snapshot (2026-08)
- Income needed to buy the typical home: about $469,000/yr (28% front-end ratio, 20% down, 7.03% 30-yr fixed, FL property tax and insurance)
- Typical home value: $1.56M (Zillow ZHVI, 2026-08)
- 1-year change: +6.9%
- Bottom 35% of homes: $639K
- Top 35% of homes start around: $3.52M
- Typical rent: $3,460/mo
- Median household income: $134K
- Price-to-income ratio: 11.6
- Estimated payment on the typical home: $8,322/mo principal & interest (20% down, 7.03% 30-yr fixed)
Nearby housing markets
The most affordable cities to buy a house in Florida
Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.
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