Cape Coral

An aerial view of Cape Coral.
An aerial view of Powell Creek Preserve.
An aerial view of Powell Creek Preserve.
Cape Coral cyclists can ride around quiet residential streets.
Waterways behind homes open up into the expansive Caloosahatchee River.

Cape Coral, FL Area Guide

Discover one of Florida's hidden treasures

Suburban Coastal Scenic Peaceful Growing Welcoming Active

Welcome to Cape Coral, Florida, where an impressive network of over 400 miles of navigable waterways creates a distinctive coastal living experience. This waterfront city offers diverse rental options, from canal-front homes to contemporary communities, with current average rents ranging from $1,552 for studios to $2,299 for three-bedroom units. While the rental market has seen a slight cooling trend with rates decreasing around 6-7% for most unit types over the past year, the city continues to draw residents with its abundant outdoor activities and convenient amenities.

Life in Cape Coral centers on outdoor recreation and natural beauty. The Four Mile Cove Ecological Preserve offers elevated nature trails through Florida mangroves, while SunSplash Family Waterpark provides seasonal entertainment. The city is home to Florida's largest population of burrowing owls, making wildlife viewing a common occurrence. Cape Coral's location provides access to Gulf beaches, and the Yacht Club Community Park features a sandy beach and fishing pier along the Caloosahatchee River. Notable areas include the southwest Cape, the established Yacht Club neighborhood, and the expanding north Cape. Since its establishment in 1957, this planned community has grown from a small development into a thriving city that combines waterfront living with everyday conveniences.

Explore the City

An aerial view of Powell Creek Preserve.

Cape Coral cyclists can ride around quiet residential streets.

Waterways behind homes open up into the expansive Caloosahatchee River.

Rent Trends

As of March 2026, the average apartment rent in Cape Coral, FL is $1,416 for a studio, $1,492 for one bedroom, $1,734 for two bedrooms, and $2,127 for three bedrooms. Apartment rent in Cape Coral has decreased by -13.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,492/month
771 Sq Ft
House
$3,081/month
1,690 Sq Ft
Condo
$2,375/month
1,286 Sq Ft
Townhome
$1,639/month
1,414 Sq Ft
See Rental Market Trends in Cape Coral, FL

Cost of Living

The cost of living in Cape Coral, FL is 1.2% lower than the national average. Generally, housing in Cape Coral is 11.9% less expensive than the national average, with rent falling between $1,416 - $2,125. You can expect to pay 4.2% more for groceries, 1.3% more for utilities, and 3.1% more for transportation.

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Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Cape Coral, FL is for everyday living.

Car-Dependent

40 / 100

This area is considered a car-dependent area and most errands will require a car.

Minimal Transit

1 / 100

You'll likely want a car when living in this area since it has few transit options.

Somewhat Bikeable

43 / 100

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Oasis Charter Middle School

Public

Grades 6-8

Challenger Middle School

Public

Grades 6-8

Trafalgar Middle School

Public

Grades 6-8

Gulf Middle School

Public

Grades 6-8

Mid Cape Global Academy

Public

Grades PK-8

Oasis Charter High School

Public

Grades 9-12

Cape Coral High School

Public

Grades 9-12

Mariner High School

Public

Grades 9-12

Ida S. Baker High School

Public

Grades 9-12

Island Coast High School

Public

Grades 9-12

Points of Interest

Parks and Recreation

  • Reflections Park
  • Yellow Fever Creek Preserve
  • Four Mile Cove Ecological Preserve
  • Rotary Park Environmental Center
  • Jaycee Park

Airports

  • Southwest Florida International
  • Punta Gorda

Top Apartments in Cape Coral

Houses for Rent in Cape Coral

Property Management Companies in Cape Coral, FL

Living in Cape Coral

Restaurants

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Residents can choose from both locally owned restaurants and more popular national chains. With being so close to the water, many restaurants offer picnic-style to-go meals that can be taken to the beach for an afternoon picnic or romantic balcony dining overlooking the waters of the Gulf. Some of the more popular restaurants in the Cape Coral area include Iguana Mia, Anthony’s on the Boulevard, Brew Babies Garden Bistro and Rib City.

Shopping

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The Cape Coral area offers residents a variety of boutique stores and shopping malls to go shopping at. Many of these shopping venues are located in Cape Coral, while others are just a short drive just over the bridge in Ft. Myers. Some local shopping options include the Edison Mall, Tanger Factory Outlet Stores, Cape Harbor, and Gulf Coast Town Center.

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.