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806 Apartments for rent in Cape Coral, FL

Read Guide >
Last updated October 15 at 9:41pm UTC
Midtown Cape Coral
2310 Southwest 17th Place
Cape Coral, FL
Updated October 15 at 9:41pm UTC
1 Bedroom
Ask
2 Bedrooms
$1,410
5215 SW 16th Pl
Pelican
Cape Coral, FL
Updated October 15 at 5:57pm UTC
4 Bedrooms
$1,579
1004 SW 48th Terrace
Pelican
Cape Coral, FL
Updated October 15 at 5:57pm UTC
2 Bedrooms
$1,400
4415 SW 9th Ave
Pelican
Cape Coral, FL
Updated October 15 at 5:57pm UTC
3 Bedrooms
$1,295
2529 SW 31st Terrace
Pelican
Cape Coral, FL
Updated October 15 at 5:33pm UTC
3 Bedrooms
$1,400
4235 SE 20th PL
Caloosahatchee
Cape Coral, FL
Updated October 15 at 5:17pm UTC
3 Bedrooms
$1,850
6021 Silver King BLVD
Pelican
Cape Coral, FL
Updated October 15 at 5:17pm UTC
3 Bedrooms
$5,000
5793 Cape Harbour DR
Pelican
Cape Coral, FL
Updated October 15 at 5:16pm UTC
2 Bedrooms
$2,000
1942 Beach PKY
Caloosahatchee
Cape Coral, FL
Updated October 15 at 5:16pm UTC
2 Bedrooms
$2,400
6061 Silver King BLVD
Pelican
Cape Coral, FL
Updated October 15 at 5:15pm UTC
3 Bedrooms
$3,000
2656 Somerville LOOP
Trafalgar
Cape Coral, FL
Updated October 15 at 5:15pm UTC
2 Bedrooms
$2,900
276 SE 46th Terrace
Caloosahatchee
Cape Coral, FL
Updated October 15 at 5:33pm UTC
3 Bedrooms
$1,795
4706 SE 4th Pl
Caloosahatchee
Cape Coral, FL
Updated October 15 at 5:32pm UTC
2 Bedrooms
$1,100
1324 NW 14th PL
Mariner
Cape Coral, FL
Updated October 15 at 5:17pm UTC
4 Bedrooms
$1,525
3910 Santa Barbara BLVD
Pelican
Cape Coral, FL
Updated October 15 at 5:17pm UTC
2 Bedrooms
$1,250
4708 SW 8th PL
Pelican
Cape Coral, FL
Updated October 15 at 5:16pm UTC
2 Bedrooms
$2,500
828 Victoria DR
Caloosahatchee
Cape Coral, FL
Updated October 15 at 5:16pm UTC
2 Bedrooms
$3,000
3744 SE 12th AVE
Caloosahatchee
Cape Coral, FL
Updated October 15 at 5:16pm UTC
3 Bedrooms
$3,000
1302 SW 20th ST
Trafalgar
Cape Coral, FL
Updated October 15 at 5:16pm UTC
4 Bedrooms
$2,500
1316 SE 28th TER
Caloosahatchee
Cape Coral, FL
Updated October 15 at 5:16pm UTC
3 Bedrooms
$1,900
1100 Pondella RD
Hancock
Cape Coral, FL
Updated October 15 at 5:15pm UTC
2 Bedrooms
$1,250
5793 Cape Harbour Dr
Pelican
Cape Coral, FL
Updated October 15 at 5:34pm UTC
3 Bedrooms
$5,400
City Guide
Cape Coral
Moving to Cape Coral

Whether you're looking for apartment complexes or rental homes in Cape Coral, you're sure to find something to suit your lifestyle. Its wide variety of apartment homes includes a large number of studio apartment units, one-bedroom apartments for rent and substantially larger units as well, so you'll have plenty to choose from. This is Florida, so don't expect bargain prices, and be prepared to pay first and last month's rent, plus a hefty security deposit of a couple hundred dollars. The good news, however, is that some landlords will be happy to bargain with you, and they may even waive that last month's down payment altogether.

Is there really a renter's season in Florida? The answer is yes -- and no. The snowbirds (these are second home owners who come south to escape the winter, hence the nickname) typically come down during the late fall and winter months and leave during the late spring; but most of them own their homes, so they don't really affect rentals all that much. Because of the fantastic climate, there's tourism all year in Florida, but lots of folks still make it a summer destination, so expect to see more people out and about during the summer months. Again, this shouldn't affect rental prices or availability too much, unless the property is advertised as a vacation rental as well.

Neighborhoods in Cape Coral

The main commercial drags in town are Del Prado Boulevard, Santa Barbara Boulevard, Cape Coral Parkway and Pine Island Road, so if you want to be close to stores and service providers, it's a good idea to look for rental properties near these areas. Otherwise, here are a few of the most popular residential areas:

Southwest Cape Coral: In the area between Cape Coral Parkway and Cape Harbor, you'll find a large number of apartment complexes, townhouses and condos, as well as rental homes. Plus, it's located near all the amenities, including Walmart Supercenter, Walmart Family Market, Publix Supermarket and Kohl's, so it's a great place to start looking.

Southeast: In the area around the Cape Coral Yacht Club, you'll find some beautifully appointed townhouses, condos and apartment rentals.

Gloriana Canal: Also known as Unit 64, this neighborhood has beautiful tropically-landscaped homes, many on waterfront lots.

Summerville Loop: This area features a number of beautiful homes for sale at a variety of prices.

Southeast: From 12th to 18th Avenues, you'll find a variety of house rentals throughout the year, many with beautiful large lawns. Plus, this area is just a few minutes away from Walmart Supercenter, Target, Publix and Dunkin' Donuts, so you can get a quick doughnut fix whenever you need it.

Living in Cape Coral

With 355 days of sunshine a year, what else can you say about the climate? Oh, wait -- there's also 145 days and 54 inches of precipitation a year; but don't forget, this is Florida, and most of those passing rain storms only last a few minutes and then evaporate into thin air, leaving you refreshed and ready for the next round of sun. During the summer months, temperatures can get into the mid-90s, so you'll be grateful for those bursts of rain; and with all that sunshine, who's complaining?

Cape Coral has a great public transportation system, LeeTran, which offers bus service throughout the city and into Fort Myers (less than 10 miles away). Nevertheless, this city covers a big area, so it helps to have your own wheels down here. Plus, it's hard to get out of the rain when you're waiting for a bus.

If you want to get an idea of what Cape Coral is really all about, your first stop should be The Four Mile Cove Ecological Preserve a stunning natural sanctuary featuring hiking trails through mangrove forests, native wildlife and untouched wetlands. You'll also find a lovely boardwalk that stretches alongside the picturesque Caloosahatchee River, where you can rent a kayak for the day.

Want to have a boatload of fun? Visit the Cape Coral Yacht Club. It offers great boat docks, a beach, tennis courts, a fishing pier and a superb restaurant. Plus, the fishing is really good in this area, and you'll catch your quota of snook, sea trout and redfish before sundown.

Speaking of fish, somewhere around Misto Bar and Grill the fish must be biting, because there's always a deliciously fresh seafood dish, as well as steaks, chops, roast duckling and a scarpariello that will keep you coming back again and again. If you're in the mood for casual comfort food, head on over to Ciao Wood Fired Pizza and Trattoria, where you can enjoy specialty pies with toppings such as fennel sausage, gorgonzola, San Marzano tomatoes and marinated eggplant.

To paraphrase Jimmy Buffett, it's always five o'clock somewhere in Florida when it comes to bars, and one locals' favorite is Bubba's Roadhouse & Saloon, a friendly, low-key place where you'll likely as not find peanut shells on the floor, as well as great drink specials, an awesome beer list, good pub grub and live entertainment.

If your idea of tee time means clubs and balls instead of china pots and cups, then you're going to love Cape Coral's many golf courses, including the one at Palmetto-Pine Country Club, a lush, landscaped golfer's paradise where you'll find a championship course designed by Arthur Hills. Another winner is Royal Tee Golf Club, where you'll find a semi-private 27-hole course that includes 50 acres of pristine lakes and natural wetlands.

For a great many reasons, Florida is perceived by more than a few folks as something of a paradise, and Cape Coral encapsulates all of those reasons. With its casual, low-key, friendly vibe, its thriving business community and its beautiful waterfront vistas, it has a lot to offer, especially if your idea of a good time includes sunny, white sand beaches and miles of oceanfront property.

October 2018 Cape Coral Rent Report

Welcome to the October 2018 Cape Coral Rent Report. Cape Coral rents increased over the past month. In this report, we'll evaluate trends in the Cape Coral rental market, including comparisons to cities throughout the state and nation.

View full Cape Coral Rent Report
Rent Report
Cape Coral

October 2018 Cape Coral Rent Report

Welcome to the October 2018 Cape Coral Rent Report. Cape Coral rents increased over the past month. In this report, we'll evaluate trends in the Cape Coral rental market, including comparisons to cities throughout the state and nation.

Cape Coral rents increased moderately over the past month

Cape Coral rents have increased 0.3% over the past month, but have decreased moderately by 0.9% in comparison to the same time last year. Currently, median rents in Cape Coral stand at $910 for a one-bedroom apartment and $1,130 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in June. Cape Coral's year-over-year rent growth lags the state average of 1.4%, as well as the national average of 0.9%.

Rents rising across cities in Florida

While rent decreases have been occurring in the city of Cape Coral over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 9 of the largest 10 cities in Florida for which we have data. The state as a whole logged rent growth of 1.4% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,400; of the 10 largest cities in the state that we have data for, Fort Lauderdale, where a two-bedroom goes for $1,440, is the only other major city besides Cape Coral to see rents fall year-over-year (-0.5%).
  • Orlando, Tampa, and Hialeah have all experienced year-over-year growth above the state average (4.6%, 3.0%, and 2.2%, respectively).

Cape Coral rents more affordable than many large cities nationwide

As rents have fallen moderately in Cape Coral, many large cities nationwide have seen prices increase, in some cases substantially. Cape Coral is also more affordable than most large cities across the country.

  • Cape Coral's median two-bedroom rent of $1,130 is slightly below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 0.9% decline in Cape Coral.
  • While rents in Cape Coral fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+2.6%), Atlanta (+1.4%), and San Francisco (+1.1%).
  • Renters will find more reasonable prices in Cape Coral than most large cities. For example, San Francisco has a median 2BR rent of $3,110, which is more than two-and-a-half times the price in Cape Coral.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.