Cape at Savona Point
1730 Savona Point Cir,
Cape Coral, FL 33914
1-3 Beds | $1,374 - $2,675
Rental Market Trends in Cape Coral, FL
Updated August 2026
The average rent in Cape Coral, FL is $1,487/month.
Rent in Cape Coral is roughly equal to the national average rent of of $1,663/month.
$1,487/month
Average Rent
764 Sq Ft
Average Size
-3.6%
Change / Year
2,453
Available Apartments
Cape Coral rent varies by unit size and layout:
- Studio apartments in Cape Coral average $1,340 per month.
- One-bedroom apartments in Cape Coral average $1,487 per month.
- Two-bedroom apartments in Cape Coral average $1,735 per month.
- Three-bedroom apartments in Cape Coral average $2,140 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Cape Coral, FL?
In the past year, rent has decreased by 3.6%, which averages out to $53 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Cape Coral, FL
August 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
19%
$700 - $1,000/month
29%
$1,001 - $1,500/month
47%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
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.
Neighborhood
Average Rent
Average 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.
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 Diplomat, Mariner 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 $1,487, you’ll want to make about $4,956 per month or $59,472 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 $1,340 - $2,140. You can expect to pay 4.6% more for groceries, 0.3% more for utilities, and 2.8% 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.
View the Cape Coral Area GuideStudio
$1,235/month
$1,399/month
One Bedroom
$1,391/month
$1,528/month
Two Bedroom
$1,587/month
$1,913/month
Three Bedroom
$1,870/month
$3,523/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Cape Coral We Think You'll Love
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Frequently Asked Questions
What is the average rent in Cape Coral?
The average rent in Cape Coral is $1,487 per month, which is 10.6% lower than the national average of $1,663.
What is the average rent for a house in Cape Coral?
The average rent for a house in Cape Coral, FL is $2,791 per month.
What is the average rent for a townhome in Cape Coral?
The average rent for a townhome in Cape Coral, FL is $1,513 per month.
What is the average rent for a condo in Cape Coral?
The average rent for a condo in Cape Coral, FL is $1,767 per month.
Are rents going up or down in Cape Coral?
Rents in Cape Coral, FL are decreasing, with prices down 3.6% year-over-year and $53 less per month.
What rent range is most common in Cape Coral?
In Cape Coral, FL, 47% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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.