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Rental Market Trends in Cape Coral, FL

Updated September 2026

The average rent in Cape Coral, FL is $1,454/month.

Rent in Cape Coral is roughly equal to the national average rent of of $1,665/month.

$1,454/month

Average Rent

761 Sq Ft

Average Size

-5.8%

Change / Year

2,451

Available Apartments

Cape Coral rent varies by unit size and layout:

  • Studio apartments in Cape Coral average $1,342 per month.
  • One-bedroom apartments in Cape Coral average $1,454 per month.
  • Two-bedroom apartments in Cape Coral average $1,692 per month.
  • Three-bedroom apartments in Cape Coral average $2,069 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,342/month
577 Sq Ft
One Bedroom
$1,454/month
761 Sq Ft
Two Bedroom
$1,692/month
1,035 Sq Ft
Three Bedroom
$2,069/month
1,251 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,119/month
1,251 Sq Ft
Three Bedroom
$2,771/month
1,562 Sq Ft
Four Bedroom
$2,854/month
1,858 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,755/month
1,197 Sq Ft
Two Bedroom
$2,176/month
1,246 Sq Ft
Three Bedroom
$4,878/month
1,816 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,306/month
698 Sq Ft
Two Bedroom
$1,500/month
1,236 Sq Ft
Three Bedroom
$1,960/month
1,398 Sq Ft
View Cape Coral Apartments

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

In the past year, rent has decreased by 5.8%, which averages out to $84 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Cape Coral, FL

September 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
19% $700 - $1,000/month
35% $1,001 - $1,500/month
40% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

  • 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
$1,395/month
838 Sq Ft
Trafalgar
$1,449/month
783 Sq Ft
Burnt Store
$1,466/month
819 Sq Ft
Pelican
$1,505/month
833 Sq Ft
Diplomat
$1,529/month
811 Sq Ft
Mariner
$1,534/month
826 Sq Ft
Caloosahatchee
$1,698/month
899 Sq Ft

What are the most expensive neighborhoods in Cape Coral?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Caloosahatchee
$1,698/month
899 Sq Ft
Mariner
$1,534/month
826 Sq Ft
Diplomat
$1,529/month
811 Sq Ft
Pelican
$1,505/month
833 Sq Ft
Burnt Store
$1,466/month
819 Sq Ft
Trafalgar
$1,449/month
783 Sq Ft
Hancock
$1,395/month
838 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 Hancock .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Diplomat
$1,529/month
811 Sq Ft
Mariner
$1,534/month
826 Sq Ft
Hancock
$1,395/month
838 Sq Ft
Trafalgar
$1,449/month
783 Sq Ft
Caloosahatchee
$1,698/month
899 Sq Ft
Pelican
$1,505/month
833 Sq Ft
Burnt Store
$1,466/month
819 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 $1,454, you’ll want to make about $4,846 per month or $58,152 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 1.7% lower than the national average. Generally, housing in Cape Coral is 12.8% less expensive than the national average, with rent falling between $1,342 - $2,069. You can expect to pay 4.6% more for groceries, 0.3% more for utilities, and 2.8% more for transportation.

City

Cape Coral, FL

2,451 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.

View the Cape Coral Area Guide

Apartment Averages

Hancock

Cape Coral, FL

Caloosahatchee

Cape Coral, FL

Studio
$1,192/month
$1,436/month
One Bedroom
$1,377/month
$1,518/month
Two Bedroom
$1,570/month
$1,825/month
Three Bedroom
$1,830/month
$3,525/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • North Fort Myers

    North Fort Myers

    Avg Rent: $1,361/month

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 | $1,308 - $2,356

The Palms at Cape Coral

The Palms at Cape Coral

701 SW Pine Island Rd,
Cape Coral, FL 33991

1-3 Beds | $1,343 - $1,930

Cove at 47th

Cove at 47th

870 SE 47th Ter,
Cape Coral, FL 33904

Studio - 3 Beds | $1,139 - $3,524

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 | $1,269 - $1,850

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Frequently Asked Questions

What is the average rent in Cape Coral?

The average rent in Cape Coral is $1,454 per month, which is 12.7% lower than the national average of $1,665.

What is the average rent for a house in Cape Coral?

The average rent for a house in Cape Coral, FL is $2,771 per month.

What is the average rent for a townhome in Cape Coral?

The average rent for a townhome in Cape Coral, FL is $1,500 per month.

What is the average rent for a condo in Cape Coral?

The average rent for a condo in Cape Coral, FL is $1,755 per month.

Are rents going up or down in Cape Coral?

Rents in Cape Coral, FL are decreasing, with prices down 5.8% year-over-year and $84 less per month.

What rent range is most common in Cape Coral?

In Cape Coral, FL, 40% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 September 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