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Rental Market Trends in Cape Coral, FL

What is the average rent in Cape Coral, FL?

$1,498/month

Average Rent

771 Sq Ft

Average Apartment Size

-12.8%

Decrease in the Last Year

As of March 2026, the average rent in Cape Coral, FL is $1,498 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Cape Coral rent prices are 8% lower than the national average. When you rent an apartment in Cape Coral, you can expect to pay about $1,403 per month for a studio, $1,498 for a one-bedroom apartment, and around $1,733 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,129 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,403/month
576 Sq Ft
One Bedroom
$1,498/month
771 Sq Ft
Two Bedroom
$1,733/month
1,040 Sq Ft
Three Bedroom
$2,129/month
1,251 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,165/month
1,178 Sq Ft
Three Bedroom
$3,116/month
1,639 Sq Ft
Four Bedroom
$3,199/month
1,888 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,301/month
811 Sq Ft
Two Bedroom
$2,017/month
1,244 Sq Ft
Three Bedroom
$4,485/month
1,694 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,379/month
922 Sq Ft
Two Bedroom
$1,478/month
1,238 Sq Ft
Three Bedroom
$1,792/month
1,581 Sq Ft
Four Bedroom
$2,109/month
2,177 Sq Ft

How much has average rent changed in Cape Coral, FL?

In the past year, rent has decreased by 12.8%, which averages out to $191 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Cape Coral, FL
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Cape Coral, FL
Percentage*
Rent Range
0% Below $700/month
16% $700 - $1,000/month
33% $1,001 - $1,500/month
43% $1,501 - $2,000/month
8% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Cape Coral?

Based on current rent prices, Pelican, Trafalgar and Hancock are the most affordable neighborhoods in Cape Coral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pelican
$1,471/month
751 Sq Ft
Trafalgar
$1,504/month
778 Sq Ft
Hancock
$1,528/month
778 Sq Ft
Mariner
$1,560/month
815 Sq Ft
Burnt Store
$1,573/month
834 Sq Ft
Diplomat
$1,657/month
832 Sq Ft
The Villages at Entrada
$1,670/month
873 Sq Ft
Caloosahatchee
$1,828/month
811 Sq Ft

What are the most expensive neighborhoods in Cape Coral?

Based on current rent prices, Caloosahatchee, The Villages at Entrada and Diplomat are the most expensive neighborhoods in Cape Coral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Caloosahatchee
$1,828/month
811 Sq Ft
The Villages at Entrada
$1,670/month
873 Sq Ft
Diplomat
$1,657/month
832 Sq Ft
Burnt Store
$1,573/month
834 Sq Ft
Mariner
$1,560/month
815 Sq Ft
Hancock
$1,528/month
778 Sq Ft
Trafalgar
$1,504/month
778 Sq Ft
Pelican
$1,471/month
751 Sq Ft

Which Cape Coral neighborhoods have the most rentals available?

The neighborhoods in Cape Coral with the most apartments available are Mariner, Caloosahatchee and Diplomat .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mariner
$1,560/month
815 Sq Ft
Caloosahatchee
$1,828/month
811 Sq Ft
Diplomat
$1,657/month
832 Sq Ft
Hancock
$1,528/month
778 Sq Ft
Trafalgar
$1,504/month
778 Sq Ft
Pelican
$1,471/month
751 Sq Ft
Burnt Store
$1,573/month
834 Sq Ft
The Villages at Entrada
$1,670/month
873 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Cape Coral, FL?

Because the average rent in Cape Coral is $1,498, you’ll want to make about $4,993 per month or $59,916 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

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 $1,403 - $2,129. You can expect to pay 4.2% more for groceries, 1.3% more for utilities, and 3.1% more for transportation.

City

Cape Coral, FL

2,828 Available Apartments for Rent

Search for Nearby Apartments

How does Cape Coral, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare Cape Coral, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Cape Coral, FL

Apartment Averages

Pelican

Cape Coral, FL

Caloosahatchee

Cape Coral, FL

Studio
$1,015/month
$1,469/month
One Bedroom
$1,419/month
$1,548/month
Two Bedroom
$1,694/month
$1,928/month
Three Bedroom
$2,116/month
$3,268/month
Search
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Apartment communities in Cape Coral we think you'll love

Cape at Savona Point

Cape at Savona Point

1730 Savona Point Cir,
Cape Coral, FL 33914

$1,315 - $2,948

1-3 Beds

The Palms at Cape Coral

The Palms at Cape Coral

701 SW Pine Island Rd,
Cape Coral, FL 33991

$1,242 - $2,094 Total Monthly Price

1-3 Beds

The Apartments at the Isles of Porto Vista

The Apartments at the Isles of Porto Vista

3936 Pomodoro Cir,
Cape Coral, FL 33909

$1,350 - $1,825

1-3 Beds

The Club on Pine Island

The Club on Pine Island

315 SW Pine Island Rd,
Cape Coral, FL 33991

$1,399 - $3,052

1-3 Beds

Property Management Companies in Cape Coral, FL

Greystar
Greystar
  • 3,495

    Communities

  • 959,848

    Units

  • 893

    Cities

3 Communities in Cape Coral
Continental Properties Company
Continental Properties Company
  • 77

    Communities

  • 21,266

    Units

  • 64

    Cities

2 Communities in Cape Coral
Professional Management, Inc
Professional Management, Inc
  • 19

    Communities

  • 3,197

    Units

  • 12

    Cities

2 Communities in Cape Coral
RPM
RPM
  • 627

    Communities

  • 174,773

    Units

  • 251

    Cities

1 Community in Cape Coral
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 250

    Communities

  • 60,182

    Units

  • 111

    Cities

1 Community in Cape Coral
Pegasus Residential
Pegasus Residential
  • 194

    Communities

  • 46,970

    Units

  • 110

    Cities

1 Community in Cape Coral
Gallery Residential
Gallery Residential
  • 81

    Communities

  • 20,938

    Units

  • 58

    Cities

1 Community in Cape Coral
Flaherty & Collins, Inc
Flaherty & Collins, Inc
  • 56

    Communities

  • 13,563

    Units

  • 40

    Cities

1 Community in Cape Coral

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United States Florida Cape Coral Rental Trends

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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity