438 Luxury Apartments for rent in Cape Coral, FL

Last updated May 24 at 10:09pm UTC
140 Kamal Pkwy
Caloosahatchee
Cape Coral, FL
Updated May 24 at 10:09pm UTC
3 Bedrooms
$2,400
2515 SE 22nd Ave
Caloosahatchee
Cape Coral, FL
Updated May 24 at 10:09pm UTC
3 Bedrooms
$6,000
227 NW 3rd TER
Mariner
Cape Coral, FL
Updated May 24 at 9:07pm UTC
3 Bedrooms
$2,800
4280 SE 20th PL
Caloosahatchee
Cape Coral, FL
Updated May 24 at 9:07pm UTC
2 Bedrooms
$2,600
6021 Silver King BLVD
Pelican
Cape Coral, FL
Updated May 24 at 9:07pm UTC
3 Bedrooms
$5,000
5793 Cape Harbour DR
Pelican
Cape Coral, FL
Updated May 24 at 9:07pm UTC
2 Bedrooms
$6,600
3935 Country Club BLVD
Caloosahatchee
Cape Coral, FL
Updated May 24 at 9:07pm UTC
2 Bedrooms
$2,850
719 SW 47th TER
Pelican
Cape Coral, FL
Updated May 24 at 9:07pm UTC
2 Bedrooms
$2,300
4708 SW 8th PL
Pelican
Cape Coral, FL
Updated May 24 at 9:07pm UTC
2 Bedrooms
$2,500
5793 Cape Harbour DR
Pelican
Cape Coral, FL
Updated May 24 at 9:07pm UTC
3 Bedrooms
$5,900
1210 SW 8th CT
Trafalgar
Cape Coral, FL
Updated May 24 at 9:07pm UTC
3 Bedrooms
$1,500
3744 SE 12th AVE
Caloosahatchee
Cape Coral, FL
Updated May 24 at 9:06pm UTC
3 Bedrooms
$3,000
421 SW 47th TER
Pelican
Cape Coral, FL
Updated May 24 at 9:06pm UTC
2 Bedrooms
$1,495
421 SW 47th TER
Pelican
Cape Coral, FL
Updated May 24 at 9:06pm UTC
2 Bedrooms
$1,700
4807 Sunset CT
Caloosahatchee
Cape Coral, FL
Updated May 24 at 9:06pm UTC
2 Bedrooms
$1,395
2656 Somerville LOOP
Trafalgar
Cape Coral, FL
Updated May 24 at 9:06pm UTC
2 Bedrooms
$2,750
1021 SE 16th TER
Hancock
Cape Coral, FL
Updated May 24 at 9:06pm UTC
3 Bedrooms
$3,800
4816 Palm Tree DR
Caloosahatchee
Cape Coral, FL
Updated May 24 at 9:05pm UTC
2 Bedrooms
$1,350
1942 Beach PKY
Caloosahatchee
Cape Coral, FL
Updated May 24 at 9:05pm UTC
2 Bedrooms
$2,800
404 SE 14th Pl
Hancock
Cape Coral, FL
Updated May 24 at 6:20pm UTC
3 Bedrooms
$1,850
1423 SW 49th St
Pelican
Cape Coral, FL
Updated May 24 at 6:20pm UTC
4 Bedrooms
$2,200
220 SW 19th Terrace
Hancock
Cape Coral, FL
Updated May 24 at 10:09pm UTC
4 Bedrooms
$1,795
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May 2018 Cape Coral Rent Report

Welcome to the May 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

May 2018 Cape Coral Rent Report

Welcome to the May 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 0.4% over the past month, but have increased slightly by 1.6% in comparison to the same time last year. Currently, median rents in Cape Coral stand at $910 for a one-bedroom apartment and $1,120 for a two-bedroom. Cape Coral's year-over-year rent growth lags the state average of 2.3%, but exceeds the national average of 1.5%.

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 2.3% 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, all have seen rents rise year-over-year, with Orlando experiencing the fastest growth (+6.8%).
  • Port St. Lucie, Tampa, and Hialeah have all experienced year-over-year growth above the state average (4.9%, 4.4%, and 4.2%, respectively).

Cape Coral rents more affordable than many large cities nationwide

As rents have increased slightly 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 $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.6% increase in Cape Coral.
  • While Cape Coral's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%).
  • Renters will find more reasonable prices in Cape Coral than most large cities. For example, San Francisco has a median 2BR rent of $3,060, 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.