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

Avg Rent

$1,473

Population

229,679

Renter Mix

25% Rent

Discover one of Florida's hidden treasures

Suburban Coastal Scenic Peaceful Growing Welcoming Active

Cape Coral holds a geographic distinction that shapes everything about daily life here: the city has more navigable waterways than any other city on earth, with over 400 miles of canals weaving through its 121 square miles. Founded in 1957 as a planned community, it has grown into the largest city between Tampa and Miami by both population and area, now home to nearly 230,000 residents. The economy draws strength from healthcare, construction, and a steady flow of businesses expanding into Southwest Florida, with HealthPark Medical Center and the broader Fort Myers metro just across the Caloosahatchee River via two connecting bridges.

The city spans several distinct pockets, each with its own character. The Yacht Club area in the southeast sits close to riverfront access and the lively stretch along Cape Coral Parkway, while Southwest Cape centers on Cape Harbour and Tarpon Point Marina. Newer development along Burnt Store Road in the northwest continues to attract residents drawn to quieter streets and fresh construction. The rental landscape reflects this range, offering single-family canal homes, townhomes, and apartment communities that suit a variety of lifestyles. Cape Coral is also home to Florida's largest population of burrowing owls, a small but telling sign of the natural character threaded through this otherwise fast-growing Gulf Coast city.

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.

Demographics

Median Household Income

$68,902

Average: $85,555

Education

52,882

Residents Have a Degree

Job Market

107,204

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

46 Years

Largest Age Group

55-64 Years

Approximately 14% of Residents

Under 20

21%

Over 65

23%

Housing Distribution

Cape Coral has more homeowners than renters.

Renters
25%
Non-Renters
75%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
18%
Other Education
82%

Rent Trends

As of May 2026, the average apartment rent in Cape Coral, FL is $1,309 for a studio, $1,475 for one bedroom, $1,706 for two bedrooms, and $2,116 for three bedrooms. Apartment rent in Cape Coral has decreased by -7.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,475/month
771 Sq Ft
House
$2,945/month
1,700 Sq Ft
Condo
$2,494/month
1,323 Sq Ft
Townhome
$1,811/month
1,374 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 $1,298 - $2,118. 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

Somewhat Walkable

Walkability

30 / 100

Very Drivable

Drivability

80 / 100

Somewhat Bikeable

Bikeability

30 / 100

Schools

Oasis Elementary Charter School - North

Public

Grades K-5

770 Students

Gulf Elementary School

Public

Grades PK-5

1,231 Students

Diplomat Elementary School

Public

Grades PK-5

1,069 Students

Oasis Charter Elementary School

Public

Grades K-5

873 Students

Cape Elementary School

Public

Grades PK-5

759 Students

Oasis Charter Middle School

Public

Grades 6-8

839 Students

Challenger Middle School

Public

Grades 6-8

1,124 Students

Trafalgar Middle School

Public

Grades 6-8

986 Students

Gulf Middle School

Public

Grades 6-8

812 Students

Mid Cape Global Academy

Public

Grades PK-8

806 Students

Oasis Charter High School

Public

Grades 9-12

764 Students

Cape Coral High School

Public

Grades 9-12

1,887 Students

Ida S. Baker High School

Public

Grades 9-12

1,933 Students

Mariner High School

Public

Grades 9-12

1,852 Students

Island Coast High School

Public

Grades 9-12

1,653 Students

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

History

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Cape Coral is a relatively young city, founded in 1957 as a planned development by brothers Leonard and Jack Rosen. The land they purchased was largely undeveloped, though the Calusa people had inhabited the area for centuries before European contact and are believed to have constructed a canoe canal across the peninsula from Matlacha Pass to Yellow Fever Creek. The modern city was designed from the ground up with an ambitious vision: an extensive network of man-made canals that would give as many homesites as possible direct water access. That vision came to define the city, which now holds more than 400 miles of navigable waterways. Because Cape Coral was built within living memory, there are no preserved Victorian districts or century-old downtown blocks. Instead, the city's history is visible in its layout and waterfront infrastructure, where midcentury ambition meets Gulf Coast geography. The Yacht Club area remains one of the oldest established neighborhoods, offering a glimpse into the community's earliest development along the Caloosahatchee River.

Restaurants

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Cape Coral's dining scene reflects its waterfront identity, with seafood-forward restaurants lining the canals and marinas throughout the city. The Cape Harbour and Tarpon Point areas draw residents for waterside meals, while South Cape along Cape Coral Parkway offers a lively concentration of casual eateries and bars. Because the city sits minutes from the Gulf, fresh catches are a menu staple, and many local spots cater to the outdoor lifestyle with relaxed, to-go-friendly formats suited for canal-side eating. Fort Myers, just across the bridge, expands the options considerably, adding Italian, Cuban, Vietnamese, and other regional cuisines to what residents can easily reach on any given evening.

Transportation

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Cape Coral is a car-dependent city, and most residents rely on personal vehicles to get around. Cape Coral Parkway and Veterans Parkway are two of the main east-west corridors, while Burnt Store Road serves the northwest. Two bridges, the Cape Coral Bridge and the Midpoint Memorial Bridge, connect the city to Fort Myers and provide access to US-41 and I-75 for regional travel. Southwest Florida International Airport (RSW) is roughly 20 to 30 minutes away via those highway connections. LeeTran, Lee County's bus transit system, provides limited service into and around Cape Coral, though routes are sparse and driving remains the practical choice for most daily trips. Sidewalks and bike infrastructure vary by neighborhood, with newer communities generally offering better connectivity. The Four Mile Cove Ecological Preserve trail system and paths along the Cape Coral canal network offer recreational options for cyclists and walkers.

Parks

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Cape Coral's outdoor spaces lean heavily on water and wildlife. Four Mile Cove Ecological Preserve sits along the Caloosahatchee River and features elevated boardwalk trails through native mangroves, making it a go-to for kayaking, bird watching, and quiet walks. Rotary Park Environmental Center, near Tarpon Point, offers nature trails alongside a butterfly garden and dog park. The Yacht Club Community Park provides a sandy riverfront beach and fishing pier. Sirenia Vista Park on the northwest side draws those hoping to spot manatees in the canal waters below. For families, Sun Splash Family Waterpark offers a seasonal outdoor escape, and Yellow Fever Creek Preserve provides a quieter natural retreat on the city's northeast edge.

Cost

-

Cape Coral's overall cost of living sits just below the national average, with housing costs running notably lower than the U.S. benchmark. Renters will find a range of price points depending on unit size, with one-bedroom apartments averaging around $1,506 per month and two-bedroom units averaging around $1,744. Larger rentals are available as well, with three-bedroom homes averaging around $2,200. Groceries, healthcare, and transportation run slightly above national norms. The city's housing stock leans heavily toward single-family homes and canal-front properties, though apartment options are available at varying price levels across different parts of the city.

Shopping

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Cape Coral's retail scene draws from a mix of waterfront shopping districts and regional centers. Cape Harbour offers a marina-side collection of shops alongside dining, giving it a walkable, resort-like atmosphere that appeals to both residents and visitors. The Shops at Surfside in the Southwest Cape adds another open-air retail option close to the water. For larger-scale shopping, Veterans Parkway runs through mid-Cape and connects to plentiful retail corridors with grocers, big-box stores, and everyday services. Two bridges lead quickly to Fort Myers, where the Edison Mall and Gulf Coast Town Center expand the options considerably for those seeking department stores and national retailers.

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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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.