Average Rent in Cape Coral, FL

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Current Versus Historical Cape Coral, FL Rents

Cape Coral rentals average $995 for a studio rental to $2,349 for a 4-bedroom rental. The median price of all currently available listings is $1,953, or roughly $17 per square feet.
For the apartment units and housing in August 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $487 (-32.85%) year-over-year from $1,482 to $995. 1-bedroom rentals prices have increased by $491 (35.07%) year-over-year from $1,400 to $1,891. 2-bedroom rentals prices have decreased by $67 (-4.25%) year-over-year from $1,567 to $1,500. 3-bedroom rentals prices have increased by $120 (5.91%) year-over-year from $2,030 to $2,150. 4-bedroom rentals prices have increased by $17 (0.74%) year-over-year from $2,308 to $2,325. 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 6.04% this month. 1-bedroom rents have gone up by 14.44% this month. 2-bedroom rents have gone up by 1.12% this month. 3-bedroom rents have gone up by 5.74% this month. 4-bedroom rents have gone up by 0.78% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $27.00 $995 $1,482 (-32.85%) $1,713 (-41.91%)
1 BR $23.42 $1,891 $1,400 (35.07%) $1,389 (36.12%)
2 BR $16.83 $1,500 $1,567 (-4.25%) $1,798 (-16.59%)
3 BR $16.95 $2,150 $2,030 (5.91%) $2,315 (-7.13%)
4+ BR $15.54 $2,325 $2,308 (0.74%) $2,648 (-12.22%)

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 $2,575 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Villas, FL, with an average rent of $1,800, 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 30.59% more expensive. Two bedrooms in Cape Coral, FL are about 34.17% more affordable. Finally, rent for three bedrooms are about 22.09% 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
Villas, FL $900 $1,300 $1,800 $1,800
Cypress Lake, FL $1,095 $1,200 $1,725 $1,850
North Fort Myers, FL $900 $1,395 $1,800 $1,950
Fort Myers, FL $1,750 $1,925 $2,025 $2,000
Gateway, FL N/A $1,325 $1,950 $2,500
Punta Gorda, FL N/A $1,210 $2,000 $2,650
Iona, FL N/A $1,298 $3,200 $2,775
Rotonda, FL N/A $950 $1,745 $2,798
Estero, FL N/A $1,550 $3,975 $4,200
Bonita Springs, FL N/A $1,800 $5,500 $6,250

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 $11,000 per month. Interestingly, the neighborhoods' average rent is higher than Cape Coral's average rent, which is only $1,953. Out of all the neighborhoods in or near Cape Coral, Vineyards has the most affordable average rent at $4,750 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 $4,500 $4,750
Pelican Marsh, Naples, FL N/A $2,563 $6,650 $11,000
Pelican Bay, FL N/A N/A $10,000 $12,000

Top Counties Near Cape Coral

There are a total of 11 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 $2,000. That's roughly around $19 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Port Charlotte, FL. Its average rent per month is $1,900. Vice versa, with an average rent of $7,500, Estero Island, FL is the most expensive county by Cape Coral, FL.

In comparison, rent for one bedroom listings in Cape Coral, FL is 8.17% more expensive than other counties nearby. Finally, rent for two bedrooms in Cape Coral, FL is 46.67% more affordable than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
North Fort Myers, FL $900 $1,891 $1,800 $1,900
Port Charlotte, FL $1,515 $1,200 $1,500 $1,900
Fort Myers, FL $1,538 $1,824 $1,800 $1,925
Cape Coral, FL $995 $1,425 $1,500 $2,000
Lehigh Acres, FL $1,048 $1,737 $2,200 $2,000
Grove City-Rotonda, FL N/A $2,950 $2,600 $2,600
Fort Myers Shores, FL N/A $1,000 $3,000 $2,700
Punta Gorda, FL N/A $1,225 $4,500 $4,000
Bonita Springs, FL N/A $1,588 $3,975 $4,200
Estero Island, FL N/A $4,125 $7,900 $7,500

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 $1,900. A total of 5 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33907, Villas, FL at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $2,700 per month is 33908, Fort Myers, FL.

Studios in these zipcodes have an average rent of $1,375. That's at least $27 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 $1,298 per month. Or in other words, $21 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,700 per month. Which comes out to $20 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 $2,900 $2,700
33901, Fort Myers, FL $1,750 $1,675 $1,400 $1,550
33909, Cape Coral, FL $1,300 $2,000 $1,483 $1,900
33916, Fort Myers, FL $2,300 $1,295 $1,650 $1,878
33919, McGregor, FL $1,095 $1,200 $1,750 $1,900
33905, Buckingham, FL $1,575 $1,925 $2,258 $1,975
33907, Villas, FL $900 $1,175 $1,500 $1,500
33967, San Carlos Park, FL N/A N/A $1,848 $2,300

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 $1,953. 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 $995 and an average price per square feet of $27.00. There are a total of 7 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 $1,891 and an average price per square feet of $23.42. There are a total of 46 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 $16.83. There are a total of 273 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 -0.33%, one bedroom rental prices have changed by 0.35%, two bedroom rental prices have changed by -0.04%, 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 $1,562/month. You can search for these reasonably priced rental listings on RentHop.