Cape Coral, FL Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Cape Coral is $1,715, a 5.52% decrease compared to the previous year, when the average rent was $1,815.
Studio Apartments at $1,238 offer the most budget-friendly option with 571 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 801 square feet for $1,535, balancing privacy and affordability.
Two-bedroom units at $1,790 offer 1,109 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,328 sq ft) for $2,053, suitable for larger households.
Average rent in Cape Coral, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,715 | 1,010 sq. ft. |
| Studio | $1,238 | 571 sq. ft. |
| 1 Bed | $1,535 | 801 sq. ft. |
| 2 Beds | $1,790 | 1,109 sq. ft. |
| 3 Beds | $2,053 | 1,328 sq. ft. |
Cape Coral, FL rent trends
Rental prices in Cape Coral, FL have decreased by 5.52% over the past year. The average rent moved from $1,815 to $1,715.
What's the typical rent budget in Cape Coral, FL?
The largest share of rentals in Cape Coral, FL (50%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Cape Coral, FL?
18,878 or 23% of the households in Cape Coral, FL are renter-occupied while 64,036 or 77% are owner-occupied.
Most affordable neighborhoods in Cape Coral?
Hancock $1,324/month
Trafalgar $1,618/month
Mariner $1,651/month
All of these neighborhoods fall below the city wide average of $1,715/month.Most expensive neighborhoods in Cape Coral?
Pelican $1,676/month
Caloosahatchee $1,799/month
Diplomat $1,859/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Cape Coral, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Diplomat | $1,859 |
| Caloosahatchee | $1,799 |
| Pelican | $1,676 |
| Mariner | $1,651 |
| Trafalgar | $1,618 |
| Hancock | $1,324 |
Cape Coral | Rent Comparison by Neighborhood
Rent in Caloosahatchee is 3% lower than in Diplomat
Caloosahatchee rent is 5% higher than Cape Coral average
Diplomat rent is 8% higher than Cape Coral average
How Cape Coral Compares to Other Cities
| City | Average Rent |
|---|---|
| Cape Coral | $1,715 |
| Jacksonville | $1,517 |
| Miami | $2,770 |
| Tampa | $2,014 |
| Kissimmee | $1,855 |
| Orlando | $1,812 |
| Fort Myers | $1,748 |
| West Palm Beach | $2,477 |
| St. Petersburg | $2,069 |
| Port St. Lucie | $2,130 |
| Lakeland | $1,545 |
| North Port, FL | $1,735 |
| Naples, FL | $1,873 |
| Bonita Springs, FL | $2,282 |
| Estero, FL | $2,300 |
| Englewood, FL | $1,650 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Cape Coral apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.