Rentometer, Inc. | Data as of 10/22/2025
Cape Coral, Florida, is renowned for its winding canals, sunny climate, and thriving waterfront lifestyle that attracts both seasonal visitors and long‑term residents. The city’s close proximity to the Gulf of Mexico, pristine beaches, and popular attractions such as Sun Splash Family Waterpark and the historic Old Cape Coral district make it a vibrant place to live and work. With a strong mix of retirees, young professionals, and growing families, demand for rental housing remains consistently high across the diverse neighborhoods that line its scenic waterways.
The local rental market offers a balanced selection of apartments and single‑family homes, catering to a wide range of budget and space requirements. Studio apartments typically sit in the $1300‑$1400 range, while one‑bedroom units hover around the $1500‑$1600 mark. Larger apartment layouts—two‑bedrooms and up—average between $1900 and $2600, with three‑bedroom options often reaching the $2300‑$2500 range. Stand‑alone houses follow a similar pattern, with one‑bedroom homes priced near $1500, two‑bedroom houses averaging around $2100, and three‑bedroom residences commonly found in the $2600‑$2800 bracket. Premium four‑plus bedroom homes command higher rents, generally reflecting the upscale waterfront or golf‑course settings that many families seek.
Key neighborhoods such as Olde Towne, South Cape, and Cape Harbour provide distinct living experiences—from charming historic streets and boutique shopping to modern waterfront condos and gated communities near top schools and marinas. Residents enjoy easy access to the Caloosahatchee River, local dining, and abundant outdoor recreation, making Cape Coral a desirable destination for renters looking for both comfort and an active, coastal lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,516 | $1,530 | $1,480 - $1,540 | $1,480 - $1,540 |
| Apartment | 1 Bedroom | $1,588 | $1,750 | $659 - $1,950 | $1,425 - $1,885 |
| Apartment | 2 Bedroom | $2,081 | $1,787 | $1,200 - $6,000 | $1,591 - $2,040 |
| Apartment | 3 Bedroom | $2,162 | $2,043 | $1,810 - $2,680 | $1,950 - $2,445 |
| House | 2 Bedroom | $2,292 | $2,000 | $1,500 - $6,200 | $1,595 - $2,500 |
| House | 3 Bedroom | $2,664 | $2,300 | $1,100 - $8,700 | $1,970 - $2,750 |
| House | 4+ Bedroom | $2,551 | $2,350 | $1,699 - $9,000 | $2,075 - $2,660 |
In the current period, the average rent in Cape Coral was $1,517 for Studio, $1,535 for 1 Bedroom, $2,157 for 2 Bedroom, $2,654 for 3 Bedroom, and $2,473 for 4+ Bedroom.
Data provided by Rentometer, Inc.