Cape at Savona Point
1730 Savona Point Cir,
Cape Coral, FL 33914
$1,287 - $2,897
1-3 Beds
Rental Market Trends in Cape Coral, FL
What is the average rent in Cape Coral, FL?
$1,481/month
Average Rent
771 Sq Ft
Average Apartment Size
-7.3%
Decrease in the Last Year
As of May 2026, the average rent in Cape Coral, FL is $1,481 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Cape Coral rent prices are 10% lower than the national average. When you rent an apartment in Cape Coral, you can expect to pay about $1,298 per month for a studio, $1,481 for a one-bedroom apartment, and around $1,714 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,118 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cape Coral, FL?
In the past year, rent has decreased by 7.3%, which averages out to $108 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 May 2026
Legend
2025
2026
Rent Ranges in Cape Coral, FL
Last Updated May 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
15%
$700 - $1,000/month
32%
$1,001 - $1,500/month
45%
$1,501 - $2,000/month
8%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cape Coral?
Based on current rent prices, Trafalgar, Hancock and Burnt Store are the most affordable neighborhoods in Cape Coral.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average Sq Ft
Which Cape Coral neighborhoods have the most rentals available?
The neighborhoods in Cape Coral with the most apartments available are Mariner, Diplomat and Caloosahatchee .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cape Coral, FL?
Because the average rent in Cape Coral is $1,481, you’ll want to make about $4,936 per month or $59,232 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 $1,298 - $2,118. You can expect to pay 4.2% more for groceries, 1.3% more for utilities, and 3.1% more for transportation.
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.
Studio
-
$1,398/month
One Bedroom
$1,364/month
$1,536/month
Two Bedroom
$1,761/month
$1,953/month
Three Bedroom
$2,026/month
$3,273/month
Apartment communities in Cape Coral we think you'll love
Property Management Companies in Cape Coral, FL
Greystar
-
3,501
Communities
-
963,127
Units
-
893
Cities
3 Communities in Cape Coral
Continental Properties Company
-
79
Communities
-
21,798
Units
-
66
Cities
2 Communities in Cape Coral
Professional Management, Inc
-
19
Communities
-
3,197
Units
-
12
Cities
2 Communities in Cape Coral
RPM
-
649
Communities
-
179,616
Units
-
259
Cities
1 Community in Cape Coral
Pegasus Residential
-
200
Communities
-
49,457
Units
-
112
Cities
1 Community in Cape Coral
Hawthorne Residential Partners
-
243
Communities
-
58,933
Units
-
111
Cities
1 Community in Cape Coral
Gallery Residential
-
88
Communities
-
22,783
Units
-
62
Cities
1 Community in Cape Coral
Flaherty & Collins, Inc
-
57
Communities
-
13,765
Units
-
40
Cities
1 Community in Cape Coral
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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.
* Percentages may not total 100 due to rounding.