Average Rent in Cape Coral, FL

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Current Versus Historical Cape Coral, FL Rents

Cape Coral rentals average $2,500 for a 2-bedroom rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $2,390, or roughly $2 per square feet.
For the apartment units and housing in July 2024, median rents have risen over the last year. Studio rentals prices have decreased by $278 (-16.10%) year-over-year from $1,728 to $1,450. 1-bedroom rentals prices have increased by $75 (5.46%) year-over-year from $1,373 to $1,448. 2-bedroom rentals prices have decreased by $136 (-7.55%) year-over-year from $1,798 to $1,663. 3-bedroom rentals prices have decreased by $41 (-1.74%) year-over-year from $2,348 to $2,308. 4-bedroom rentals prices have decreased by $203 (-7.74%) year-over-year from $2,615 to $2,413. 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 21.62% this month. 1-bedroom rents have gone down by 5.50% this month. 2-bedroom rents have gone down by 3.39% this month. 3-bedroom rents have gone down by 0.65% this month. 4-bedroom rents have gone down by 7.27% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.95 $1,663 $1,798 (-7.55%) $1,333 (24.69%)
3 BR $1.59 $2,308 $2,348 (-1.74%) $1,825 (26.44%)
4+ BR $1.53 $2,413 $2,615 (-7.74%) $2,483 (-2.85%)

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 3 cities nearby Cape Coral. The average rent in Cape Coral is currently $2,800 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 $2,200, is the most affordable city nearby. In contrast, the most expensive city near Cape Coral, FL is Rotonda, FL. Monthly rents here are on average $3,350 per month.

Let's compare Cape Coral, FL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Cape Coral, FL are about 4.00% more expensive. Finally, rent for three bedrooms are about 50.70% more affordable. Want more information? Check out the top 3 cities near Cape Coral, FL in the following chart.
City Studio 1 Bed 2 Bed All
Port Charlotte, FL N/A $1,350 $1,800 $2,200
Punta Gorda, FL N/A $1,423 $2,400 $2,800
Rotonda, FL N/A N/A $2,500 $3,350

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 Port Charlotte, FL, Cape Coral, FL, and Punta Gorda, FL. The average rent for rentals in these counties is $2,550. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Port Charlotte, FL. It's average rent per month is $2,225. Vice versa, with an average rent of $3,000, 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 inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Cape Coral, FL is 6.00% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Port Charlotte, FL N/A $1,463 $1,850 $2,225
Cape Coral, FL N/A N/A $4,500 $2,500
Punta Gorda, FL N/A $1,573 $2,400 $2,600
Grove City-Rotonda, FL N/A $1,450 $2,900 $3,000

Top Zipcodes Near Cape Coral

There are a total of 6 zipcodes in or near Cape Coral, FL. The average rent for all of these zipcodes is $2,488. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33952, Port Charlotte, FL at $1,997 per month. In comparison, the zipcode with the most expensive average rent of $4,200 per month is 33955, Punta Gorda, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Cape Coral, FL is $1,425 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,075 per month. Which comes out to $2 per sqft. The following chart includes the top 6 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
33955, Punta Gorda, FL N/A $1,550 $4,200 $4,200
33950, Charlotte Park, FL N/A $1,648 $2,325 $2,600
33947, Rotonda, FL N/A N/A $2,150 $3,000
33952, Port Charlotte, FL N/A $1,350 $1,650 $1,997
33983, Harbour Heights, FL N/A $1,500 $1,850 $2,200
33948, Port Charlotte, FL N/A N/A $2,000 $2,375

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 $2,390. 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 $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 Cape Coral.
How much is a two bedroom apartment in Cape Coral, FL?
The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $1.95. There are a total of 7 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 -0.16%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.08%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in Cape Coral, FL?
A reasonable rent price in Cape Coral, FL is around $1,912/month. You can search for these reasonably priced rental listings on RentHop.
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