Average Rent in 33991, Cape Coral, FL

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Current Versus Historical 33991, Cape Coral, FL Rents

33991 rentals average $2,050 for a 2-bedroom rental to $3,400 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $430 (20.75%) year-over-year from $2,070 to $2,500. 1-bedroom rentals prices have decreased by $75 (-4.37%) year-over-year from $1,725 to $1,650. 2-bedroom rentals prices have decreased by $228 (-11.50%) year-over-year from $1,978 to $1,750. 3-bedroom rentals prices have increased by $51 (1.92%) year-over-year from $2,649 to $2,700. 4-bedroom rentals prices have decreased by $123 (-3.92%) year-over-year from $3,148 to $3,025. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.52% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 11.69% this month. 3-bedroom rents have gone up by 5.88% this month. 4-bedroom rents have gone down by 1.89% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.53 $1,750 $1,978 (-11.50%) $1,503 (16.42%)
3 BR $1.81 $2,700 $2,649 (1.92%) $1,858 (45.29%)
4+ BR $1.62 $3,025 $3,148 (-3.92%) $2,442 (23.89%)

Historical Rents in 33991, Cape Coral, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33991

There are a total of 15 cities nearby 33991. The average rent in 33991 is currently $2,800 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Cypress Lake, FL, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near 33991, Cape Coral, FL is Pelican Bay, FL. Monthly rents here are on average $12,000 per month.

Let's compare 33991, Cape Coral, FL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in 33991, Cape Coral, FL are about 21.34% more affordable. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 10 cities out of 15 total cities near 33991, Cape Coral, FL in the following chart.
City Studio 1 Bed 2 Bed All
Cypress Lake, FL N/A $1,448 $2,000 $2,000
McGregor, FL N/A $2,950 $2,000 $2,200
North Fort Myers, FL N/A $1,500 $1,925 $2,250
Cape Coral, FL N/A $1,500 $1,900 $2,500
Estero, FL $1,772 $1,826 $2,500 $2,798
Punta Gorda, FL N/A N/A $2,325 $2,800
Fort Myers, FL N/A $1,400 $2,599 $2,863
Gateway, FL N/A $1,688 $2,488 $2,875
Iona, FL N/A $2,425 $2,350 $3,000
Rotonda, FL N/A N/A $2,600 $3,550

Top Neighborhoods Near 33991

There are a total of 2 neighborhoods in or near 33991. We've included all of these top 2 neighborhoods in or near 33991, Cape Coral, FL in the following chart.

The average rent for these 2 neighborhoods in or near 33991, Cape Coral, FL is currently around $7,100 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 33991's average rent, which is only $3,000. Out of all the neighborhoods in or near 33991, McGregor has the most affordable average rent at $2,200 per month. Whereas, at $12,000 average rent per month, Pelican Bay is the most expensive neighborhood in or near 33991. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
McGregor, FL N/A $2,950 $2,000 $2,200
Pelican Bay, FL N/A N/A $10,000 $12,000

Top Counties Near 33991

There are a total of 2 counties located by 33991, Cape Coral, FL. Some of these counties include North Port, FL, North Fort Myers, FL, and Fort Myers, FL. The average rent for rentals in these counties is $2,600. That's roughly around $2 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is North Port, FL. It's average rent per month is $2,215. Vice versa, with an average rent of $3,500, Grove City-Rotonda, FL is the most expensive county by 33991, Cape Coral, FL.

In comparison, rent for one bedroom listings in 33991, Cape Coral, FL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 33991, Cape Coral, FL is 4.76% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
North Port, FL N/A $1,250 $2,148 $2,215
North Fort Myers, FL N/A $1,500 $1,925 $2,300
Fort Myers, FL N/A $1,495 $2,100 $2,400
Port Charlotte, FL N/A $1,500 $1,925 $2,447
Cape Coral, FL N/A $1,500 $2,000 $2,600
Lehigh Acres, FL N/A $1,600 $2,775 $2,700
Punta Gorda, FL N/A $1,500 $2,695 $2,900
Bonita Springs, FL $1,772 $1,831 $2,950 $3,400
Grove City-Rotonda, FL N/A $1,450 $4,000 $3,500

Top Zipcodes Near 33991

There are a total of 29 zipcodes in or near 33991, Cape Coral, FL. The average rent for all of these zipcodes is $2,775. A total of 20 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33919, McGregor, FL at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $9,500 per month is 34108, Naples Park, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33991, Cape Coral, FL is $1,400 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,450 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 33991, Cape Coral, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
34108, Naples Park, FL $3,400 $5,000 $8,500 $9,500
34135, Bonita Springs, FL $1,772 $1,861 $3,500 $3,550
33914, Cape Coral, FL N/A N/A $1,900 $3,000
33982, Punta Gorda, FL N/A N/A $2,750 $3,000
33913, Lehigh Acres, FL N/A $1,968 $4,500 $3,800
34293, North Port, FL N/A $1,850 $2,750 $2,900
34110, Naples, FL N/A N/A $3,225 $5,000
33908, Fort Myers, FL N/A $2,425 $2,525 $2,850
33904, Cape Coral, FL N/A N/A $2,000 $2,725
33928, Estero, FL N/A $1,700 $2,850 $4,395

Frequently Asked Questions - 33991 Average Rents

What is the average rent price in 33991, Cape Coral, FL?
The average monthly rental price for 33991, Cape Coral, FL apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33991, Cape Coral, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 33991, Cape Coral, FL.
How much is a studio apartment in 33991, Cape Coral, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 33991.
How much is a one bedroom apartment in 33991, Cape Coral, FL?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in 33991.
How much is a two bedroom apartment in 33991, Cape Coral, FL?
The average monthly rental price for two bedroom apartments is $2,050 and an average price per square feet of $1.53. There are a total of 5 two bedroom apartment listings currently available for rent in 33991.
How have rent prices in 33991, Cape Coral, FL changed this year?
Rent prices for rentals in 33991, Cape Coral, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.21%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in 33991, Cape Coral, FL?
A reasonable rent price in 33991, Cape Coral, FL is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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