Cape Coral, FL Rental Market Trends
Last updated: June 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Cape Coral is $1,708, a 8.7% decrease compared to the previous year, when the average rent was $1,870.
Studio Apartments at $1,275 offer the most budget-friendly option with 571 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 795 square feet for $1,564, balancing privacy and affordability.
Two-beedroom units at $1,783 offer 1,112 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,319 sq ft) for $1,942, suitable for larger households.
Average rent in Cape Coral, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,708 | 1,004 sq. ft. |
| Studio | $1,275 | 571 sq. ft. |
| 1 Bed | $1,564 | 795 sq. ft. |
| 2 Beds | $1,783 | 1,112 sq. ft. |
| 3 Beds | $1,942 | 1,319 sq. ft. |
Cape Coral, FL rent trends
Rental prices in Cape Coral, FL have decreased by 8.7% over the past year. The average rent moved from $1,870 to $1,708.
What's the typical rent budget in Cape Coral, FL?
The largest share of rentals in Cape Coral, FL (52%) 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?
Mariner $1,597/month
Pelican $1,638/month
Trafalgar $1,795/month
All of these neighborhoods fall below the city wide average of $1,708/month.Average Rent in Cape Coral, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Caloosahatchee | $1,882 |
| Diplomat | $1,804 |
| Trafalgar | $1,795 |
| Pelican | $1,638 |
| Mariner | $1,597 |
Cape Coral | Rent Comparison by Neighborhood
Rent in Caloosahatchee is 4% higher than in Diplomat
Caloosahatchee rent is 10% higher than Cape Coral average
Diplomat rent is 6% higher than Cape Coral average
How Cape Coral Compares to Other Cities
| City | Average Rent |
|---|---|
| Cape Coral | $1,708 |
| Jacksonville | $1,504 |
| Miami | $2,770 |
| Tampa | $2,010 |
| Kissimmee | $1,804 |
| Orlando | $1,792 |
| Fort Myers | $1,727 |
| West Palm Beach | $2,455 |
| Miami Beach | $3,612 |
| Port St. Lucie | $2,125 |
| St. Petersburg | $2,026 |
| North Port, FL | $1,687 |
| Naples, FL | $1,873 |
| Bonita Springs, FL | $2,273 |
| Estero, FL | $2,323 |
| 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.