469 Luxury Apartments for rent in Cape Coral, FL

Last updated January 24 at 8:12am UTC
610 SE 16th TER
Hancock
Cape Coral, FL
Updated January 3 at 11:47am UTC
3 Bedrooms
$2,200
3614 SE 16th PL
Caloosahatchee
Cape Coral, FL
Updated January 18 at 11:01am UTC
3 Bedrooms
$3,500
3910 SE 19th PL
Caloosahatchee
Cape Coral, FL
Updated January 3 at 11:48am UTC
3 Bedrooms
$3,643
617 Retunda PKY W
Caloosahatchee
Cape Coral, FL
Updated January 3 at 11:50am UTC
3 Bedrooms
$4,000
4345 SW 25th PL
Pelican
Cape Coral, FL
Updated January 3 at 11:49am UTC
3 Bedrooms
$3,500
2204 SW 40th ST
Pelican
Cape Coral, FL
Updated January 20 at 2:11am UTC
3 Bedrooms
$1,850
1021 SE 16th TER
Hancock
Cape Coral, FL
Updated January 23 at 5:18pm UTC
3 Bedrooms
$3,800
3541 SW 17th Pl
Pelican
Cape Coral, FL
Updated January 18 at 10:05am UTC
3 Bedrooms
$5,000
842 SW 31st St
Pelican
Cape Coral, FL
Updated January 21 at 1:25am UTC
4 Bedrooms
$2,200
304 SE 24th ST
Hancock
Cape Coral, FL
Updated January 3 at 11:48am UTC
4 Bedrooms
$5,464
2105 SE 36th TER
Caloosahatchee
Cape Coral, FL
Updated January 3 at 11:48am UTC
3 Bedrooms
$2,800
1713 NW 43rd AVE
Burnt Store
Cape Coral, FL
Updated January 18 at 11:01am UTC
3 Bedrooms
$3,500
1812 SW 48th LN
Pelican
Cape Coral, FL
Updated January 3 at 11:47am UTC
3 Bedrooms
$3,500
5130 Glade CT
Caloosahatchee
Cape Coral, FL
Updated January 18 at 7:18pm UTC
3 Bedrooms
$4,500
818 SW 8th PL
Trafalgar
Cape Coral, FL
Updated January 3 at 11:49am UTC
3 Bedrooms
$1,800
3107 SW Santa Barbara PL
Pelican
Cape Coral, FL
Updated January 19 at 1:45am UTC
3 Bedrooms
$1,295
3709 SW 19th PL
Pelican
Cape Coral, FL
Updated January 3 at 11:47am UTC
3 Bedrooms
$1,700
1416 Country Club BLVD
Hancock
Cape Coral, FL
Updated January 18 at 12:31pm UTC
1 Bedroom
$3,485
2131 SW 52nd ST
Pelican
Cape Coral, FL
Updated January 18 at 7:17pm UTC
3 Bedrooms
$2,100
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January 2018 Cape Coral Rent Report

Welcome to the January 2018 Cape Coral Rent Report. Cape Coral rents declined 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

January 2018 Cape Coral Rent Report

Welcome to the January 2018 Cape Coral Rent Report. Cape Coral rents declined 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 declined over the past month

Cape Coral rents have declined 0.7% over the past month, but have increased marginally by 0.9% in comparison to the same time last year. Currently, median rents in Cape Coral stand at $900 for a one-bedroom apartment and $1,120 for a two-bedroom. This is the fourth straight month that the city has seen rent decreases after an increase in August. Cape Coral's year-over-year rent growth lags the state average of 3.7%, as well as the national average of 2.8%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Cape Coral, but across the entire state. Of the largest 10 cities that we have data for in Florida, all of them have seen prices rise. The state as a whole logged rent growth of 3.7% 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 $2,380; of the 10 largest Florida cities that we have data for, all have seen rents rise year-over-year, with Port St. Lucie experiencing the fastest growth (+7.6%).
  • Orlando, Tampa, and St. Petersburg have all experienced year-over-year growth above the state average (6.8%, 6.2%, and 5.7%, respectively).

Cape Coral rents more affordable than many large cities nationwide

As rents have increased marginally in Cape Coral, a few large cities nationwide have seen rents grow more quickly. Cape Coral is still more affordable than most large cities across the country.

  • Cape Coral's median two-bedroom rent of $1,120 is slightly below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 0.9% increase in Cape Coral.
  • While Cape Coral's rents rose marginally over the past year, many cities nationwide saw more substantial increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in Cape Coral than most large cities. For example, San Francisco has a median 2BR rent of $3,010, 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.