Cape Coral, FL Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Cape Coral is $1,691, a 11.01% decrease compared to the previous year, when the average rent was $1,901.
Studio Apartments at $1,328 offer the most budget-friendly option with 555 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 794 square feet for $1,511, balancing privacy and affordability.
Two-beedroom units at $1,771 offer 1,109 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,317 sq ft) for $2,020, suitable for larger households.
Average rent in Cape Coral, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,691 | 1,003 sq. ft. |
| Studio | $1,328 | 555 sq. ft. |
| 1 Bed | $1,511 | 794 sq. ft. |
| 2 Beds | $1,771 | 1,109 sq. ft. |
| 3 Beds | $2,020 | 1,317 sq. ft. |
Cape Coral, FL rent trends
Rental prices in Cape Coral, FL have decreased by 11.01% over the past year. The average rent moved from $1,901 to $1,691.
What's the typical rent budget in Cape Coral, FL?
The largest share of rentals in Cape Coral, FL (53%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Cape Coral, FL?
17,679 or 22% of the households in Cape Coral, FL are renter-occupied while 61,579 or 78% are owner-occupied.
Most affordable neighborhoods in Cape Coral?
Pelican $1,568/month
Mariner $1,637/month
Trafalgar $1,756/month
All of these neighborhoods fall below the city wide average of $1,691/month.Average Rent in Cape Coral, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Diplomat | $1,885 |
| Trafalgar | $1,756 |
| Mariner | $1,637 |
| Pelican | $1,568 |
Cape Coral | Rent Comparison by Neighborhood
Rent in Diplomat is 15% higher than in Mariner
Diplomat rent is 11% higher than Cape Coral average
Mariner rent is 3% lower than Cape Coral average
How Cape Coral Compares to Other Cities
| City | Average Rent |
|---|---|
| Cape Coral | $1,691 |
| Jacksonville | $1,489 |
| Kissimmee | $1,813 |
| Tampa | $1,997 |
| Miami | $2,710 |
| Fort Myers | $1,741 |
| North Port | $1,715 |
| Lakeland | $1,507 |
| Orlando | $1,793 |
| Port St. Lucie | $2,146 |
| St. Petersburg | $2,007 |
| Estero, FL | $2,326 |
| Bonita Springs, FL | $2,251 |
| Englewood, FL | $1,585 |
| Naples, FL | $1,837 |
| Sebring, FL | $1,148 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Cape Coral apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.