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Rental Market Trends in Cape Coral, FL

What is the average rent in Cape Coral, FL?

$1,568/month

Average Rent

758 Sq Ft

Average Apartment Size

-6.8%

Decrease in the Last Year

As of June 2025, the average rent in Cape Coral, FL is $1,568 per month. For comparison, the national average rent price in the US is currently $1,628/month, which means Cape Coral rent prices are 4% lower than the national average. When you rent an apartment in Cape Coral, you can expect to pay about $1,430 per month for a studio, $1,568 for a one-bedroom apartment, and around $1,765 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,182 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,430/month
584 Sq Ft
One Bedroom
$1,568/month
758 Sq Ft
Two Bedroom
$1,765/month
1,029 Sq Ft
Three Bedroom
$2,182/month
1,245 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,060/month
421 Sq Ft
Two Bedroom
$2,320/month
1,228 Sq Ft
Three Bedroom
$2,867/month
1,595 Sq Ft
Four Bedroom
$3,137/month
1,910 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,596/month
686 Sq Ft
Two Bedroom
$2,125/month
1,209 Sq Ft
Three Bedroom
$4,093/month
1,620 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,460/month
686 Sq Ft
Two Bedroom
$1,709/month
1,147 Sq Ft
Three Bedroom
$1,930/month
1,506 Sq Ft

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

In the past year, rent has decreased by 6.8%, which averages out to $106 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cape Coral, FL
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Cape Coral, FL
Percentage*
Rent Range
0% Below $700/month
17% $700 - $1,000/month
23% $1,001 - $1,500/month
51% $1,501 - $2,000/month
9% 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, Caloosahatchee, Hancock and Burnt Store are the most affordable neighborhoods in Cape Coral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Caloosahatchee
$1,582/month
775 Sq Ft
Hancock
$1,619/month
838 Sq Ft
Burnt Store
$1,655/month
825 Sq Ft
Market Square District
$1,663/month
772 Sq Ft
Club Square District
$1,701/month
797 Sq Ft
Mariner
$1,706/month
819 Sq Ft
Diplomat
$1,729/month
867 Sq Ft
Pelican
$1,740/month
748 Sq Ft
Trafalgar
$1,743/month
777 Sq Ft
Heatherwood Lakes
$1,832/month
722 Sq Ft

What are the most expensive neighborhoods in Cape Coral?

Based on current rent prices, Heatherwood Lakes, Trafalgar and Pelican are the most expensive neighborhoods in Cape Coral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Heatherwood Lakes
$1,832/month
722 Sq Ft
Trafalgar
$1,743/month
777 Sq Ft
Pelican
$1,740/month
748 Sq Ft
Diplomat
$1,729/month
867 Sq Ft
Mariner
$1,706/month
819 Sq Ft
Club Square District
$1,701/month
797 Sq Ft
Market Square District
$1,663/month
772 Sq Ft
Burnt Store
$1,655/month
825 Sq Ft
Hancock
$1,619/month
838 Sq Ft
Caloosahatchee
$1,582/month
775 Sq Ft

Which Cape Coral neighborhoods have the most rentals available?

The neighborhoods in Cape Coral with the most apartments available are Mariner, Trafalgar and Pelican .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mariner
$1,706/month
819 Sq Ft
Trafalgar
$1,743/month
777 Sq Ft
Pelican
$1,740/month
748 Sq Ft
Diplomat
$1,729/month
867 Sq Ft
Hancock
$1,619/month
838 Sq Ft
Burnt Store
$1,655/month
825 Sq Ft
Caloosahatchee
$1,582/month
775 Sq Ft
Heatherwood Lakes
$1,832/month
722 Sq Ft
Market Square District
$1,663/month
772 Sq Ft
Club Square District
$1,701/month
797 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 $1,568, you’ll want to make about $5,226 per month or $62,712 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 4.9% higher than the national average. Generally, housing in Cape Coral is 5.1% more expensive than the national average, with rent falling between $1,430 - $2,182. You can expect to pay 4.0% more for groceries, 6.5% more for utilities, and 5.9% more for transportation.

City

Cape Coral, FL

3,377 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

Caloosahatchee

Cape Coral, FL

Heatherwood Lakes

Cape Coral, FL

Studio
$1,518/month
-
One Bedroom
$1,473/month
-
Two Bedroom
$1,492/month
-
Three Bedroom
$3,400/month
-
Search
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Nearby City Rent Trends

  • North Fort Myers Average Rent

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

1-3 Beds | $1,465 - $2,774

The Club on Pine Island

The Club on Pine Island

315 SW Pine Island Rd,
Cape Coral, FL 33991

1-3 Beds | $1,449 - $3,240

The Cove at 47th

The Cove at 47th

870 SE 47th Ter,
Cape Coral, FL 33904

Studio - 3 Beds | $1,380 - $3,400

The Apartments at the Isles of Porto Vista

The Apartments at the Isles of Porto Vista

3936 Pomodoro Cir,
Cape Coral, FL 33909

1-3 Beds | $1,295 - $1,895

Property Management Companies in Cape Coral, FL

Greystar
Greystar
  • 3,269

    Communities

  • 908,540

    Units

  • 845

    Cities

3 Communities in Cape Coral
ZRS Management
ZRS Management
  • 315

    Communities

  • 93,013

    Units

  • 132

    Cities

2 Communities in Cape Coral
Continental Properties Company
Continental Properties Company
  • 76

    Communities

  • 20,443

    Units

  • 64

    Cities

2 Communities in Cape Coral
RPM
RPM
  • 608

    Communities

  • 161,038

    Units

  • 238

    Cities

1 Community in Cape Coral
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 262

    Communities

  • 62,964

    Units

  • 120

    Cities

1 Community in Cape Coral
Gallery Residential
Gallery Residential
  • 67

    Communities

  • 16,825

    Units

  • 48

    Cities

1 Community in Cape Coral
Flaherty & Collins, Inc
Flaherty & Collins, Inc
  • 48

    Communities

  • 11,686

    Units

  • 37

    Cities

1 Community in Cape Coral
Davis Development
Davis Development
  • 26

    Communities

  • 7,603

    Units

  • 23

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity