Average Rent in Cape Coral, FL

Current Versus Historical Cape Coral, FL Rents

Cape Coral rentals average $1,650 for a 1-bedroom rental to $2,700 for a 4-bedroom rental. The median price of all currently available listings is $2,450, or roughly $21 per square feet.

For the apartment units and housing in May 2023, median rents have risen substantially over the last year. Studio rentals prices have decreased by $43,495 (-95.66%) year-over-year from $45,470 to $1,975. 1-bedroom rentals prices have increased by $213 (16.50%) year-over-year from $1,288 to $1,500. 2-bedroom rentals prices have increased by $318 (19.51%) year-over-year from $1,632 to $1,950. 3-bedroom rentals prices have increased by $134 (5.67%) year-over-year from $2,366 to $2,500. 4-bedroom rentals prices have increased by $245 (9.61%) year-over-year from $2,550 to $2,795. 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 18.50% this month. 1-bedroom rents have gone up by 4.90% this month. 2-bedroom rents have gone up by 5.50% this month. 3-bedroom rents have gone up by 3.48% this month. 4-bedroom rents have gone down by 1.58% this month.

Beds	Price / Sqft	May 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$30	$1,500	$1,288 (16.50%)	$963 (55.84%)
2 BR	$22	$1,950	$1,632 (19.51%)	$1,131 (72.44%)
3 BR	$20	$2,500	$2,366 (5.67%)	$1,483 (68.54%)
4+ BR	$18	$2,795	$2,550 (9.61%)	$1,813 (54.21%)

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 5 cities nearby Cape Coral. The average rent in Cape Coral is currently $2,950 per month. Only one city nearby has an average rent lower than that. Our records show that Port Charlotte, FL, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near Cape Coral, FL is Bonita Springs, FL. Monthly rents here are on average $6,500 per month.

Let's compare Cape Coral, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 6.21% more expensive. Two bedrooms in Cape Coral, FL are about 42.68% more affordable. Finally, rent for three bedrooms are about 36.00% more affordable. Want more information? Check out the top 5 cities near Cape Coral, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Port Charlotte, FL	N/A	N/A	$2,000	$2,400
Fort Myers, FL	N/A	$1,548	$2,349	$2,750
Punta Gorda, FL	N/A	N/A	$2,800	$2,950
Estero, FL	$1,868	$1,698	$3,000	$4,098
Bonita Springs, FL	N/A	$3,500	$6,500	$6,500

Top Neighborhoods Near Cape Coral

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Cape Coral

Some of these counties include Cape Coral, FL, Fort Myers, FL, and Port Charlotte, FL. The average rent for rentals in these counties is $2,900. That's roughly around $24 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Cape Coral, FL. It's average rent per month is $2,450. Vice versa, with an average rent of $5,000, Punta Gorda, FL is the most expensive county by Cape Coral, FL.

In comparison, rent for one bedroom listings in Cape Coral, FL is 3.03% more affordable than other counties nearby. Finally, rent for two bedrooms in Cape Coral, FL is 23.57% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Cape Coral, FL	N/A	$1,650	$2,000	$2,450
Fort Myers, FL	N/A	$1,500	$2,200	$2,450
Port Charlotte, FL	N/A	N/A	$2,250	$2,500
Grove City-Rotonda, FL	N/A	$1,750	$2,600	$3,300
Punta Gorda, FL	N/A	$2,350	$5,000	$5,000
Bonita Springs, FL	$1,868	$1,825	$5,000	$5,000

Top Zipcodes Near Cape Coral

There are a total of 18 zipcodes in or near Cape Coral, FL. The average rent for all of these zipcodes is $2,850. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33990, Cape Coral, FL at $2,100 per month. In comparison, the zipcode with the most expensive average rent of $6,500 per month is 34135, Bonita Springs, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Cape Coral, FL is $1,625 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,650 per month. Which comes out to $26 per sqft. The following chart includes the top 10 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
34135, Bonita Springs, FL	$1,868	$2,800	$6,500	$6,500
33982, Punta Gorda, FL	N/A	N/A	$5,000	$5,000
34110, Naples, FL	N/A	N/A	$4,000	$5,900
33914, Cape Coral, FL	N/A	$2,034	$2,000	$2,400
33913, Lehigh Acres, FL	N/A	$2,311	$3,485	$3,725
34119, Immokalee, FL	N/A	$2,045	$4,500	$4,575
33904, Cape Coral, FL	N/A	$2,100	$1,950	$2,348
33928, Estero, FL	N/A	$2,598	$3,000	$4,500
33908, Fort Myers, FL	N/A	$1,600	$2,500	$2,800
33955, Punta Gorda, FL	N/A	N/A	$5,500	$5,500

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 $2,450. 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 $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 Cape Coral.

How much is a one bedroom apartment in Cape Coral, FL?

The average monthly rental price for one bedroom apartments is $1,650 and an average price per square feet of $29.67. There are a total of 13 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 $1,963 and an average price per square feet of $22.37. There are a total of 110 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 -0.96%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by 0.20%, and three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in Cape Coral, FL?

A reasonable rent price in Cape Coral, FL is around $1,960/month. You can search for these reasonably priced rental listings on RentHop.