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135 2 Bedroom Apartments for rent in Cape Coral, FL

Last updated September 24 at 6:35pm UTC
828 Victoria DR
Caloosahatchee
Cape Coral, FL
Updated September 24 at 6:16pm UTC
2 Bedrooms
$3,000
3910 Santa Barbara BLVD
Pelican
Cape Coral, FL
Updated September 24 at 6:16pm UTC
2 Bedrooms
$1,295
3935 Country Club BLVD
Caloosahatchee
Cape Coral, FL
Updated September 24 at 6:16pm UTC
2 Bedrooms
$2,850
719 SW 47th TER
Pelican
Cape Coral, FL
Updated September 24 at 6:16pm UTC
2 Bedrooms
$1,275
1942 Beach PKY
Caloosahatchee
Cape Coral, FL
Updated September 24 at 6:15pm UTC
2 Bedrooms
$2,400
1100 Pondella RD
Hancock
Cape Coral, FL
Updated September 24 at 6:15pm UTC
2 Bedrooms
$1,300
1519 Cape Coral PKY W
Pelican
Cape Coral, FL
Updated September 24 at 6:15pm UTC
2 Bedrooms
$3,000
2656 Somerville LOOP
Trafalgar
Cape Coral, FL
Updated September 24 at 6:15pm UTC
2 Bedrooms
$2,900
5793 Cape Harbour DR
Pelican
Cape Coral, FL
Updated September 24 at 6:15pm UTC
2 Bedrooms
$2,000
1016 SW 47th TER
Pelican
Cape Coral, FL
Updated September 24 at 6:15pm UTC
2 Bedrooms
$1,095
4708 SW 8th PL
Pelican
Cape Coral, FL
Updated September 24 at 6:15pm UTC
2 Bedrooms
$2,500
1004 SW 48th TER
Pelican
Cape Coral, FL
Updated September 24 at 12:44pm UTC
2 Bedrooms
$1,420
1319 SE 40th TER
Caloosahatchee
Cape Coral, FL
Updated September 24 at 8:31am UTC
2 Bedrooms
$1,475
1220 NE 8th TER
Diplomat
Cape Coral, FL
Updated September 23 at 3:31am UTC
2 Bedrooms
$1,200
1805 Samantha Gayle WAY
Pelican
Cape Coral, FL
Updated September 23 at 3:30am UTC
2 Bedrooms
$1,500
1843 Concordia Lake CIR
Diplomat
Cape Coral, FL
Updated September 22 at 11:33pm UTC
2 Bedrooms
$1,295
4515 Country Club BLVD
Caloosahatchee
Cape Coral, FL
Updated September 22 at 3:31pm UTC
2 Bedrooms
$1,250
505 SW 47th TER
Pelican
Cape Coral, FL
Updated September 22 at 3:30pm UTC
2 Bedrooms
$1,300
4923 Viceroy ST
Caloosahatchee
Cape Coral, FL
Updated September 22 at 3:29pm UTC
2 Bedrooms
$995
108 SE 47th ST
Caloosahatchee
Cape Coral, FL
Updated September 21 at 9:38pm UTC
2 Bedrooms
$2,500
1264 SE 8th ST
Hancock
Cape Coral, FL
Updated September 21 at 12:10pm UTC
2 Bedrooms
$1,000
Southeast 40th Terrace
Caloosahatchee
Cape Coral, FL
Updated September 24 at 7:31am UTC
2 Bedrooms
$1,475

September 2018 Cape Coral Rent Report

Welcome to the September 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

September 2018 Cape Coral Rent Report

Welcome to the September 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 significantly over the past month

Cape Coral rents have increased 0.5% over the past month, but are down moderately by 1.4% 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 second 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 1.7%, as well as the national average of 1.0%.

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 8 of the largest 10 cities in Florida for which we have data. The state as a whole logged rent growth of 1.7% 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 Florida cities that we have data for, 8 have seen rents rise year-over-year, with Orlando experiencing the fastest growth (+5.3%).
  • Tampa, Hialeah, and St. Petersburg have all experienced year-over-year growth above the state average (3.5%, 2.7%, and 2.3%, 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 1.0% over the past year compared to the 1.4% decline in Cape Coral.
  • While rents in Cape Coral fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+2.5%), Atlanta (+1.5%), 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 $3,100, 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.