Average Rent in Cape Coral, FL

Current Versus Historical Cape Coral, FL Rents

Cape Coral rentals average $1,500 for a 1-bedroom rental to $3,000 for a 4-bedroom rental. The median price of all currently available listings is $2,575, 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 $256 (14.69%) year-over-year from $1,742 to $1,998. 1-bedroom rentals prices have increased by $68 (4.77%) year-over-year from $1,432 to $1,500. 2-bedroom rentals prices have increased by $75 (4.17%) year-over-year from $1,800 to $1,875. 3-bedroom rentals prices have increased by $33 (1.37%) year-over-year from $2,365 to $2,398. 4-bedroom rentals prices have increased by $168 (6.13%) year-over-year from $2,733 to $2,900. 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 2.69% this month. 1-bedroom rents have gone up by 2.86% this month. 2-bedroom rents have gone up by 4.65% this month. 3-bedroom rents have gone up by 2.86% this month. 4-bedroom rents have gone up by 7.51% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.64	$1,500	$1,432 (4.77%)	$1,131 (32.65%)
2 BR	$1.76	$1,875	$1,800 (4.17%)	$1,310 (43.17%)
3 BR	$1.75	$2,398	$2,365 (1.37%)	$1,715 (39.80%)
4+ BR	$1.65	$2,900	$2,733 (6.13%)	$1,940 (49.48%)

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 11 cities nearby Cape Coral. The average rent in Cape Coral is currently $2,840 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 $2,000, 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 $4,675 per month.

Let's compare Cape Coral, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 6.67% more affordable. Two bedrooms in Cape Coral, FL are about 25.95% more affordable. Finally, rent for three bedrooms are about 11.11% more affordable. Want more information? Check out the top 10 cities out of 11 total cities near Cape Coral, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Cypress Lake, FL	N/A	$1,400	$2,000	$2,000
McGregor, FL	N/A	$2,950	$2,000	$2,200
North Fort Myers, FL	N/A	$1,500	$1,900	$2,250
Punta Gorda, FL	N/A	N/A	$2,350	$2,700
Estero, FL	$1,772	$1,840	$2,585	$2,840
Gateway, FL	N/A	$1,688	$2,488	$2,875
Fort Myers, FL	N/A	$1,600	$2,700	$2,890
Iona, FL	N/A	$2,425	$2,500	$3,500
Rotonda, FL	N/A	N/A	$2,600	$3,600
Bonita Springs, FL	N/A	$2,225	$4,000	$4,675

Top Neighborhoods Near Cape Coral

There are a total of 1 neighborhoods in or near Cape Coral. We've included all of these top 1 neighborhoods in or near Cape Coral, FL in the following chart.

The average rent for these 1 neighborhoods in or near Cape Coral, FL is currently around $2,200 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Cape Coral, McGregor has the most affordable average rent at $2,200 per month. Whereas, at $2,200 average rent per month, McGregor is the most expensive neighborhood in or near Cape Coral. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
McGregor, FL	N/A	$2,950	$2,000	$2,200

Top Counties Near Cape Coral

There are a total of 1 counties located by Cape Coral, FL. Some of these counties include North Fort Myers, FL, Fort Myers, FL, and Port Charlotte, FL. The average rent for rentals in these counties is $2,700. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is North Fort Myers, FL. It's average rent per month is $2,395. Vice versa, with an average rent of $3,500, Grove City-Rotonda, FL is the most expensive county by Cape Coral, FL.

In comparison, rent for one bedroom listings in Cape Coral, FL is on par with the other counties nearby. Finally, rent for two bedrooms in Cape Coral, FL is 3.80% 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 Fort Myers, FL	N/A	$1,500	$1,895	$2,395
Fort Myers, FL	N/A	$1,500	$2,050	$2,400
Port Charlotte, FL	N/A	$1,500	$1,950	$2,485
Cape Coral, FL	N/A	$1,500	$2,038	$2,700
Punta Gorda, FL	N/A	$1,600	$2,750	$2,950
Bonita Springs, FL	$1,772	$1,840	$2,875	$3,300
Grove City-Rotonda, FL	N/A	$1,400	$4,000	$3,500

Top Zipcodes Near Cape Coral

There are a total of 26 zipcodes in or near Cape Coral, FL. The average rent for all of these zipcodes is $2,838. A total of 10 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 $5,300 per month is 34134, Bonita Springs, FL.

Meanwhile, two bedroom apartments will cost you an average of $2,350 per month. Which comes out to $2 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	$1,772	$1,844	$3,650	$3,800
33914, Cape Coral, FL	N/A	N/A	$1,900	$3,000
33982, Punta Gorda, FL	N/A	N/A	$3,000	$3,200
33913, Lehigh Acres, FL	N/A	$1,968	$4,500	$3,900
34110, Naples, FL	N/A	N/A	$3,225	$5,000
33908, Fort Myers, FL	N/A	$2,425	$2,525	$2,925
33904, Cape Coral, FL	N/A	N/A	$2,000	$2,800
33928, Estero, FL	N/A	$1,700	$2,800	$4,395
33919, McGregor, FL	N/A	$1,448	$2,000	$2,000
34119, Immokalee, FL	N/A	N/A	$3,500	$4,500

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 $2,575. 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 $1,500 and an average price per square feet of $1.64. There are a total of 3 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 $1,975 and an average price per square feet of $1.76. There are a total of 149 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 0.15%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.01% year-over-year.

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

A reasonable rent price in Cape Coral, FL is around $2,060/month. You can search for these reasonably priced rental listings on RentHop.