Cape Coral, FL Rental Market
Cape Coral is one of the fastest-growing cities in the United States, built around an extensive 400-mile canal system that gives many properties direct Gulf access. A popular snowbird destination and new-construction hotbed, Cape Coral attracts retirees, remote workers, and investors drawn by relatively lower prices compared to coastal Miami or Naples. The city's rapid expansion continues to create fresh inventory and sustained demand.
Get a rent estimate for an address in Cape CoralAverage Rent in Cape Coral, FL
$1,650
per month · 2026-06
Market Score
Key Facts — Cape Coral, FL Rental Market
- Average rent in Cape Coral, FL:$1,650/mo
- Median rent:$1,518/mo
- Rent range:$825 – $3,650/mo
- Most common rental (2 bedrooms):$1,450/mo
- Active listings:980
- Avg days to lease:31 days
- Year-over-year change:+4.2%
- Median home value:$320,000
- Est. gross annual yield:6.2%
- Data as of:2026-06
Rent by Bedroom in Cape Coral, FL
Average monthly rent for each bedroom type based on current active listings in Cape Coral.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,200/mo |
2 Bedrooms | $1,450/mo |
3 Bedrooms | $1,850/mo |
4 Bedrooms | $2,275/mo |
5 Bedrooms | $2,600/mo |
Cape Coral Rental Market Statistics
Key indicators from the current Cape Coral, FL rental market.
980
Available now in Cape Coral
31
From list to lease
$1.22
Average across listings
1,350 sq ft
Typical rental size
$825 – $3,650
Min to max active listings
+4.2%
Avg rent vs. prior year
Investing in Cape Coral, FL Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$320,000
Typical purchase price in Cape Coral
Est. Gross Annual Yield
6.2%
Before expenses & vacancy
Avg Monthly Income
$1,650
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Cape Coral for a full cash-flow breakdown including all costs.
Cape Coral, FL Rental Market FAQ
Common questions about renting and investing in Cape Coral, FL.
What is the average rent in Cape Coral, FL?
The average rent in Cape Coral, FL is $1,650 per month as of 2026. One-bedroom apartments average $1,200/mo, two-bedrooms average $1,450/mo, and three-bedroom homes average $1,850/mo. Gulf-access canal-front properties command a significant premium, while properties in inland subdivisions fall closer to the market average.
Is Cape Coral, FL a good place to invest in rental property?
Cape Coral offers an estimated 6.2% gross annual yield with 4.2% year-over-year rent growth. Its status as one of America's fastest-growing cities by population and its abundance of new construction provide a compelling combination of cash flow and long-term appreciation. Snowbird demand creates an active short-term rental overlay that can supplement long-term yields.
How competitive is the Cape Coral, FL rental market?
Cape Coral has approximately 980 active listings with an average of 31 days on market. The market is moderately competitive — the abundance of new construction gives tenants more choices than in supply-constrained coastal markets, but absorption remains steady thanks to continued population growth. Canal-front and Gulf-access properties lease significantly faster than average.
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