Average Rent in Cape Coral, FL

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Current Versus Historical Cape Coral, FL Rents

Cape Coral rentals average $945 for a studio rental to $2,295 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $17 per square feet.
For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $122 (-11.41%) year-over-year from $1,067 to $945. 1-bedroom rentals prices have increased by $604 (48.63%) year-over-year from $1,242 to $1,846. 2-bedroom rentals prices have increased by $0 (0.01%) year-over-year from $1,500 to $1,500. 3-bedroom rentals prices have increased by $177 (9.19%) year-over-year from $1,923 to $2,100. 4-bedroom rentals prices have increased by $123 (5.44%) year-over-year from $2,250 to $2,373. 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 down by 16.43% this month. 1-bedroom rents have gone up by 8.31% this month. 2-bedroom rents have gone up by 0.33% this month. 3-bedroom rents have gone up by 5.93% this month. 4-bedroom rents have gone up by 3.56% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $26.37 $945 $1,067 (-11.41%) $1,535 (-38.42%)
1 BR $20.70 $1,846 $1,242 (48.63%) $1,390 (32.77%)
2 BR $16.85 $1,500 $1,500 (0.01%) $1,737 (-13.63%)
3 BR $16.99 $2,100 $1,923 (9.19%) $2,290 (-8.30%)
4+ BR $15.39 $2,373 $2,250 (5.44%) $2,650 (-10.47%)

Historical Rents in Cape Coral, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Cape Coral

There are a total of 14 cities nearby Cape Coral. The average rent in Cape Coral is currently $2,525 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Cypress Lake, FL, with an average rent of $1,675, is the most affordable city nearby. In contrast, the most expensive city near Cape Coral, FL is Pelican Bay, FL. Monthly rents here are on average $12,000 per month.

Let's compare Cape Coral, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 20.29% more expensive. Two bedrooms in Cape Coral, FL are about 37.50% more affordable. Finally, rent for three bedrooms are about 30.00% more affordable. Want more information? Check out the top 10 cities out of 14 total cities near Cape Coral, FL in the following table.
City Studio 1 Bed 2 Bed All
Cypress Lake, FL $995 $1,300 $1,675 $1,675
Villas, FL N/A $1,500 $1,775 $1,805
North Fort Myers, FL $1,050 $1,370 $1,800 $1,899
Fort Myers, FL $1,750 $1,921 $1,850 $1,984
Gateway, FL N/A $1,313 $2,000 $2,300
Rotonda, FL N/A $1,163 $1,695 $2,700
Punta Gorda, FL N/A $1,700 $2,200 $2,800
Iona, FL N/A $1,300 $3,499 $3,000
Estero, FL N/A $1,500 $4,800 $5,000
Bonita Springs, FL $1,600 $1,800 $6,000 $6,500

Top Neighborhoods Near Cape Coral

There are a total of 3 neighborhoods in or near Cape Coral. Some of these neighborhoods include Vineyards, Pelican Marsh, and Pelican Bay. We've included all of these top 3 neighborhoods in or near Cape Coral, FL in the following table.

The average rent for these 3 neighborhoods in or near Cape Coral, FL is currently around $10,500 per month. Interestingly, the neighborhoods' average rent is higher than Cape Coral's average rent, which is only $1,950. Out of all the neighborhoods in or near Cape Coral, Vineyards has the most affordable average rent at $5,098 per month. Whereas, at $12,000 average rent per month, Pelican Bay is the most expensive neighborhood in or near Cape Coral. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Vineyards, FL N/A N/A $4,900 $5,098
Pelican Marsh, Naples, FL N/A $2,813 $5,750 $10,500
Pelican Bay, FL N/A N/A $10,200 $12,000

Top Counties Near Cape Coral

There are a total of 10 counties located by Cape Coral, FL. Some of these counties include North Fort Myers, FL, Port Charlotte, FL, and Fort Myers, FL. The average rent for rentals in these counties is $1,998. That's roughly around $18 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is North Fort Myers, FL. Its average rent per month is $1,891. Vice versa, with an average rent of $7,950, Estero Island, FL is the most expensive county by Cape Coral, FL.

Typically, rent for studios in Cape Coral, FL is 24.07% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Cape Coral, FL is 14.24% more expensive than other counties nearby. Finally, rent for two bedrooms in Cape Coral, FL is 30.00% more affordable than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
North Fort Myers, FL $1,050 $1,891 $1,800 $1,891
Port Charlotte, FL $1,515 $1,200 $1,585 $1,900
Fort Myers, FL $1,538 $1,698 $1,750 $1,914
Lehigh Acres, FL $1,295 $1,525 $2,100 $1,980
Cape Coral, FL $945 $1,385 $1,500 $1,995
North Port, FL N/A $1,800 $1,800 $2,000
Grove City-Rotonda, FL N/A $1,375 $2,300 $2,595
Punta Gorda, FL N/A $1,400 $4,500 $3,895
Bonita Springs, FL $1,300 $1,563 $4,500 $4,750
Estero Island, FL $1,900 $6,500 $8,500 $7,950

Top Zipcodes Near Cape Coral

There are a total of 8 zipcodes in or near Cape Coral, FL. The average rent for all of these zipcodes is $1,862. A total of 6 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33901, Fort Myers, FL at $1,400 per month. In comparison, the zipcode with the most expensive average rent of $2,900 per month is 33908, Fort Myers, FL.

Studios in these zipcodes have an average rent of $1,375. That's at least $19 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Cape Coral, FL is $1,300 per month. Or in other words, $21 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,650 per month. Which comes out to $19 per sqft. The following table includes the top 8 zipcodes in Cape Coral, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33908, Fort Myers, FL $1,450 $1,300 $3,150 $2,900
33901, Fort Myers, FL $1,750 $1,275 $1,300 $1,400
33909, Cape Coral, FL $1,300 $1,725 $1,450 $1,900
33916, Fort Myers, FL $1,563 $1,262 $1,600 $1,795
33919, McGregor, FL $995 $1,300 $1,700 $1,824
33905, Buckingham, FL $1,575 $1,925 $2,258 $1,937
33907, Villas, FL N/A $1,300 $1,500 $1,698
33967, San Carlos Park, FL N/A N/A $1,825 $2,295

Frequently Asked Questions - Cape Coral Average Rents

What is the average rent price in Cape Coral, FL?
The average monthly rental price for Cape Coral, FL apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Cape Coral, FL.
How much is a studio apartment in Cape Coral, FL?
The average monthly rental price for studio apartments is $945 and an average price per square feet of $26.37. There are a total of 5 studio apartment listings currently available for rent in Cape Coral.
How much is a one bedroom apartment in Cape Coral, FL?
The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $20.70. There are a total of 51 one bedroom apartment listings currently available for rent in Cape Coral.
How much is a two bedroom apartment in Cape Coral, FL?
The average monthly rental price for two bedroom apartments is $1,500 and an average price per square feet of $16.85. There are a total of 261 two bedroom apartment listings currently available for rent in Cape Coral.
How have rent prices in Cape Coral, FL changed this year?
Rent prices for rentals in Cape Coral, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.11%, one bedroom rental prices have changed by 0.49%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in Cape Coral, FL?
A reasonable rent price in Cape Coral, FL is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.