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Rental Market Trends in Cape Coral, FL

What is the average rent in Cape Coral, FL?

$1,495/month

Average Rent

764 Sq Ft

Average Apartment Size

-6.1%

Decrease in the Last Year

Cape Coral, FL Rental Market Overview

The average rent in Cape Coral, FL is $1,495 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Cape Coral rent prices are 9% lower than the national average.

  • Studio apartments in Cape Coral average $1,349 per month.
  • One-bedroom apartments in Cape Coral average $1,495 per month.
  • Two-bedroom apartments in Cape Coral average $1,725 per month.
  • Three-bedroom apartments in Cape Coral average $2,160 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,349/month
576 Sq Ft
One Bedroom
$1,495/month
764 Sq Ft
Two Bedroom
$1,725/month
1,038 Sq Ft
Three Bedroom
$2,160/month
1,251 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$831/month
487 Sq Ft
Two Bedroom
$2,112/month
1,203 Sq Ft
Three Bedroom
$2,895/month
1,604 Sq Ft
Four Bedroom
$3,094/month
1,926 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,658/month
1,246 Sq Ft
Two Bedroom
$2,090/month
1,226 Sq Ft
Three Bedroom
$4,936/month
1,814 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,326/month
678 Sq Ft
Two Bedroom
$1,499/month
1,234 Sq Ft
Three Bedroom
$2,116/month
1,444 Sq Ft
Four Bedroom
$2,787/month
1,929 Sq Ft

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

In the past year, rent has decreased by 6.1%, which averages out to $90 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 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Cape Coral, FL
Last Updated June 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
15% $700 - $1,000/month
30% $1,001 - $1,500/month
47% $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, Trafalgar and Burnt Store are the most affordable neighborhoods in Cape Coral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hancock
$1,446/month
767 Sq Ft
Trafalgar
$1,454/month
788 Sq Ft
Burnt Store
$1,464/month
832 Sq Ft
Pelican
$1,529/month
857 Sq Ft
Mariner
$1,544/month
823 Sq Ft
Diplomat
$1,625/month
828 Sq Ft
Caloosahatchee
$1,763/month
790 Sq Ft

What are the most expensive neighborhoods in Cape Coral?

Based on current rent prices, Caloosahatchee, Diplomat and Mariner are the most expensive neighborhoods in Cape Coral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Caloosahatchee
$1,763/month
790 Sq Ft
Diplomat
$1,625/month
828 Sq Ft
Mariner
$1,544/month
823 Sq Ft
Pelican
$1,529/month
857 Sq Ft
Burnt Store
$1,464/month
832 Sq Ft
Trafalgar
$1,454/month
788 Sq Ft
Hancock
$1,446/month
767 Sq Ft

Which Cape Coral neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Diplomat
$1,625/month
828 Sq Ft
Mariner
$1,544/month
823 Sq Ft
Caloosahatchee
$1,763/month
790 Sq Ft
Hancock
$1,446/month
767 Sq Ft
Trafalgar
$1,454/month
788 Sq Ft
Pelican
$1,529/month
857 Sq Ft
Burnt Store
$1,464/month
832 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 $1,495, you’ll want to make about $4,983 per month or $59,796 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 $1,349 - $2,160. 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

2,559 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

Caloosahatchee

Cape Coral, FL

Studio
$1,192/month
$1,437/month
One Bedroom
$1,409/month
$1,527/month
Two Bedroom
$1,592/month
$1,920/month
Three Bedroom
$1,890/month
$3,523/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

$1,343 - $2,592

1-3 Beds

The Cove at 47th

The Cove at 47th

870 SE 47th Ter,
Cape Coral, FL 33904

$1,254 - $2,529 Total Monthly Price

Studio - 3 Beds

The Palms at Cape Coral

The Palms at Cape Coral

701 SW Pine Island Rd,
Cape Coral, FL 33991

$1,294 - $2,090 Total Monthly Price

1-3 Beds

The Club on Pine Island

The Club on Pine Island

315 SW Pine Island Rd,
Cape Coral, FL 33991

$1,399 - $2,304

1-3 Beds

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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 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity