Housing in Coconut Grove at a glance
- Population
- about 23,027
- Housing units
- about 11,474
- Median value, owner-occupied homes
- $1,345,000Miami: $518,100 (+160%)
- Median gross rent
- $1,870 a monthMiami: $1,758 (+6%)
- Owner-occupied homes
- 61.4%Miami: 30.8%
- Homes built before 1980
- 48.6%
- Median year built
- 1980
Coconut Grove sits at the top of Miami's table on both value and ownership. Its value of $1,345,000 is the highest of ten sectors with data and 160% above the city's $518,100, and 61.4% of households own, against 30.8% for Miami overall, a lead of 30.6 points. Rent is a modest $1,870, just 6% over the city and 5th highest, so the premium lies in what homes are worth rather than what tenants pay. The housing is newer than most, with 1980 as the typical year and 48.6% built earlier, 8th highest. Coral Way, Little Havana and Flagami all come in far lower, between $461,000 and $535,000, and each have fewer owners, from 18.7% in Little Havana to 43.6% in Flagami, and a larger share of pre-1980 homes. On Miami's map it lies to the south, below the population centre, and it is the one sector in the sample where owners outnumber the city share by 30.6 points.
Questions about Coconut Grove
What is the median home value in Coconut Grove, Miami?
$1,345,000 for owner-occupied homes, against $518,100 for Miami as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.
What is the median rent in Coconut Grove?
$1,870 a month in gross rent (rent plus utilities paid by the renter), against $1,758 in Miami (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Do most people in Coconut Grove own or rent?
Most own: 61.4% of occupied homes are owner-occupied, against 30.8% in Miami (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Data and method
Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).
Estimate from the 7 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city.
Coconut Grove is one of the 10 most populous of 11 NET (neighborhood enhancement team) areas of Miami: estimated population about 23,027 (Payotte estimate: Census ACS 2020-2024 populations of the census tracts whose internal point lies inside the boundary; boundaries from City of Miami GIS, NET Areas, consulted 2026-11-02).
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for Miami as a whole. Home values are owners' estimates, not sale prices.
Near Coconut Grove
The closest sectors of Miami, by distance between population centres.
Other sectors of Miami
Five trades, one spot each
Payotte lists one professional per trade in Coconut Grove. No one is listed yet: every spot is open.
- Real estate agentOpen spot
- Mortgage loan officerOpen spot
- Home inspectorOpen spot
- Real estate attorneyOpen spot
- AppraiserOpen spot
Work in one of these trades in Coconut Grove? Ask for your spot.