Average Rent in Cape Coral, FL

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Current Versus Historical Cape Coral, FL Rents

Cape Coral rentals average $1,725 for a studio rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $2,450, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $492 (39.86%) year-over-year from $1,233 to $1,725. 1-bedroom rentals prices have increased by $24 (1.78%) year-over-year from $1,356 to $1,380. 2-bedroom rentals prices have increased by $84 (4.91%) year-over-year from $1,716 to $1,800. 3-bedroom rentals prices have increased by $242 (10.70%) year-over-year from $2,258 to $2,500. 4-bedroom rentals prices have increased by $167 (6.33%) year-over-year from $2,633 to $2,800. 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 14.05% this month. 1-bedroom rents have gone up by 3.37% this month. 2-bedroom rents have gone up by 5.21% this month. 3-bedroom rents have gone up by 10.29% this month. 4-bedroom rents have gone up by 5.99% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.56	$1,725	$1,233 (39.86%)	$1,763 (-2.15%)
1 BR	$1.95	$1,380	$1,356 (1.78%)	$979 (40.94%)
2 BR	$1.64	$1,800	$1,716 (4.91%)	$1,504 (19.67%)
3 BR	$1.63	$2,500	$2,258 (10.70%)	$2,133 (17.19%)
4+ BR	$1.54	$2,800	$2,633 (6.33%)	$2,800 (0.00%)

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 12 cities nearby Cape Coral. The average rent in Cape Coral is currently $2,700 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Cypress Lake, FL, with an average rent of $2,150, 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 8.29% more affordable. Two bedrooms in Cape Coral, FL are about 32.22% more affordable. Finally, rent for three bedrooms are about 17.00% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near Cape Coral, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Cypress Lake, FL	N/A	$1,450	$2,075	$2,150
Villas, FL	N/A	$1,400	$2,150	$2,200
North Fort Myers, FL	N/A	N/A	$1,998	$2,325
McGregor, FL	N/A	$4,900	$2,250	$2,400
Fort Myers, FL	N/A	$1,400	$2,510	$2,700
Gateway, FL	N/A	$1,550	$2,000	$2,700
Punta Gorda, FL	N/A	$1,300	$2,600	$3,050
Iona, FL	N/A	$3,000	$4,000	$4,000
Estero, FL	N/A	$1,700	$4,400	$4,500
Bonita Springs, FL	N/A	$3,500	$6,000	$6,500

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 $2,400 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 $2,400 per month. Whereas, at $2,400 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	$4,900	$2,250	$2,400

Top Counties Near Cape Coral

There are a total of 1 counties located by Cape Coral, FL. Some of these counties include Port Charlotte, FL, North Fort Myers, FL, and Fort Myers, FL. The average rent for rentals in these counties is $2,824. 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 Port Charlotte, FL. It's average rent per month is $2,300. 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 6.50% more affordable than other counties nearby. Finally, rent for two bedrooms in Cape Coral, FL is 45.83% 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	$1,425	$1,850	$2,300
North Fort Myers, FL	N/A	N/A	$1,923	$2,350
Fort Myers, FL	$950	$1,500	$2,250	$2,450
Cape Coral, FL	$1,725	$1,385	$1,900	$2,500
Grove City-Rotonda, FL	N/A	$1,450	$3,000	$3,148
Punta Gorda, FL	N/A	$1,500	$5,000	$4,500
Bonita Springs, FL	N/A	$1,900	$4,988	$5,000
Estero Island, FL	$5,500	$6,000	$9,175	$7,500

Top Zipcodes Near Cape Coral

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

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 $1,725 and an average price per square feet of $2.56. There are a total of 2 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 $1,385 and an average price per square feet of $1.95. There are a total of 9 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 $1,800 and an average price per square feet of $1.64. There are a total of 172 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 0.40%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.11% 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.