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Rental Market Trends in Cape Coral, FL

What is the average rent in Cape Coral, FL?

$1,543/month

Average Rent

760 Sq Ft

Average Apartment Size

-8.9%

Decrease in the Last Year

As of July 2025, the average rent in Cape Coral, FL is $1,543 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Cape Coral rent prices are 6% lower than the national average. When you rent an apartment in Cape Coral, you can expect to pay about $1,493 per month for a studio, $1,543 for a one-bedroom apartment, and around $1,772 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,148 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,493/month
576 Sq Ft
One Bedroom
$1,543/month
760 Sq Ft
Two Bedroom
$1,772/month
1,034 Sq Ft
Three Bedroom
$2,148/month
1,246 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,242/month
1,210 Sq Ft
Three Bedroom
$2,713/month
1,591 Sq Ft
Four Bedroom
$3,019/month
1,902 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,604/month
844 Sq Ft
Two Bedroom
$2,115/month
1,214 Sq Ft
Three Bedroom
$3,807/month
1,584 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,362/month
668 Sq Ft
Two Bedroom
$1,616/month
1,200 Sq Ft
Three Bedroom
$1,843/month
1,446 Sq Ft

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

In the past year, rent has decreased by 8.9%, which averages out to $136 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cape Coral, FL
Last Updated July 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
16% $700 - $1,000/month
24% $1,001 - $1,500/month
51% $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, Hancock, Pelican and Burnt Store are the most affordable neighborhoods in Cape Coral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hancock
$1,558/month
781 Sq Ft
Pelican
$1,574/month
733 Sq Ft
Burnt Store
$1,585/month
830 Sq Ft
Heatherwood Lakes
$1,588/month
722 Sq Ft
Trafalgar
$1,600/month
773 Sq Ft
Mariner
$1,619/month
800 Sq Ft
Market Square District
$1,629/month
838 Sq Ft
Club Square District
$1,653/month
858 Sq Ft
Diplomat
$1,711/month
840 Sq Ft
Caloosahatchee
$1,919/month
818 Sq Ft

What are the most expensive neighborhoods in Cape Coral?

Based on current rent prices, The Eye, The Knot and Caloosahatchee are the most expensive neighborhoods in Cape Coral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Eye
$2,135/month
817 Sq Ft
The Knot
$2,125/month
818 Sq Ft
Caloosahatchee
$1,919/month
818 Sq Ft
Diplomat
$1,711/month
840 Sq Ft
Club Square District
$1,653/month
858 Sq Ft
Market Square District
$1,629/month
838 Sq Ft
Mariner
$1,619/month
800 Sq Ft
Trafalgar
$1,600/month
773 Sq Ft
Heatherwood Lakes
$1,588/month
722 Sq Ft
Burnt Store
$1,585/month
830 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 Trafalgar .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mariner
$1,619/month
800 Sq Ft
Caloosahatchee
$1,919/month
818 Sq Ft
Trafalgar
$1,600/month
773 Sq Ft
Hancock
$1,558/month
781 Sq Ft
Diplomat
$1,711/month
840 Sq Ft
Pelican
$1,574/month
733 Sq Ft
The Knot
$2,125/month
818 Sq Ft
The Eye
$2,135/month
817 Sq Ft
Burnt Store
$1,585/month
830 Sq Ft
Heatherwood Lakes
$1,588/month
722 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 $1,543, you’ll want to make about $5,143 per month or $61,716 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 3.9% higher than the national average. Generally, housing in Cape Coral is 2.3% more expensive than the national average, with rent falling between $1,493 - $2,148. You can expect to pay 3.9% more for groceries, 5.9% more for utilities, and 6.0% more for transportation.

City

Cape Coral, FL

3,737 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

Hancock

Cape Coral, FL

The Eye

Cape Coral, FL

Studio
$1,434/month
-
One Bedroom
$1,425/month
-
Two Bedroom
$1,581/month
-
Three Bedroom
$1,902/month
-
Search
Search

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 | $1,426 - $2,568

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 | $1,395 - $1,895

The Palms at Cape Coral

The Palms at Cape Coral

701 SW Pine Island Rd,
Cape Coral, FL 33991

1-3 Beds | $1,335 - $1,995

The Club on Pine Island

The Club on Pine Island

315 SW Pine Island Rd,
Cape Coral, FL 33991

1-3 Beds | $1,399 - $2,127

Property Management Companies in Cape Coral, FL

Greystar
Greystar
  • 3,278

    Communities

  • 911,374

    Units

  • 849

    Cities

3 Communities in Cape Coral
ZRS Management
ZRS Management
  • 326

    Communities

  • 96,441

    Units

  • 135

    Cities

2 Communities in Cape Coral
Continental Properties Company
Continental Properties Company
  • 80

    Communities

  • 21,658

    Units

  • 65

    Cities

2 Communities in Cape Coral
RPM
RPM
  • 615

    Communities

  • 163,556

    Units

  • 243

    Cities

1 Community in Cape Coral
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 264

    Communities

  • 63,165

    Units

  • 121

    Cities

1 Community in Cape Coral
Gallery Residential
Gallery Residential
  • 71

    Communities

  • 17,937

    Units

  • 52

    Cities

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

    Communities

  • 11,624

    Units

  • 38

    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