What is the median rent in Cape Coral, FL?

Name: Median rent in Cape Coral, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Cape Coral, FL is $1,858 (±$44) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 18,198 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Cape Coral, the median gross rent went from $1,244 in 2015–2019 to $1,858 in 2020–2024 (+49.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $1,858 (±$44)
Rented homes: 18,198 (±1,327)
$2,000 or more: 39.3%
Since 2015–2019: +49.4%

How much rent costs in Cape Coral

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Cape Coral	Lee County	Florida	United States
Less than $500	0.9% (±0.6 points)	2.6%	3.6%	6.3%
$500 to $999	3.8% (±1.5 points)	6.9%	10.7%	20.2%
$1,000 to $1,499	18.3% (±3.1 points)	25.2%	26.0%	28.1%
$1,500 to $1,999	37.7% (±3.8 points)	35.9%	28.8%	21.1%
$2,000 to $2,499	24.8% (±3.6 points)	18.0%	17.4%	12.0%
$2,500 to $2,999	10.8% (±2.5 points)	6.4%	7.2%	5.5%
$3,000 or more	3.7% (±1.4 points)	5.0%	6.3%	6.8%

The most common range is $1,500 to $1,999, paid by 37.7% of renting households.

39.3% of rented homes in Cape Coral cost $2,000 or more a month.

Cape Coral against Lee County, its state and the nation

Estimate (90% margin of error)
	Cape Coral	Lee County	Florida	United States
Median gross rent	$1,858 (±$44)	$1,712 (±$17)	$1,669 (±$5)	$1,413
Rented homes paying rent	18,198 (±1,327)	80,787 (±2,351)	2,716,443 (±16,958)	42,849,984

In Cape Coral, median gross rent is higher than in Lee County ($1,712).

It is also higher than in Florida ($1,669).

It is higher than the national figure ($1,413).

In Lee County, Cape Coral ranks 12 of 32 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 225 of 793.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Cape Coral has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,244 (±$32)	$1,858 (±$44)	+49.4%	Up after inflation
Households that rent	25.5% (±1.5 points)	22.8% (±1.5 points)	−2.7 percentage points	Measurable decrease
Rental vacancy rate	6.3% (±1.8 points)	7.1% (±2.1 points)	+0.8 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Cape Coral

Nearest places with a published estimate, compared with Cape Coral
Place	Distance	Median gross rent	Compared with this place
Cape Coral	—	$1,858 (±$44)	—
Lochmoor Waterway Estates	5.6 mi	$2,014 (±$299)	Not measurably different
Palmona Park	7.1 mi	$1,554 (±$384)	Not measurably different
McGregor	7.7 mi	$1,762 (±$133)	Not measurably different
Pine Island Center	8.1 mi	$1,206 (±$142)	Lower
Whiskey Creek	8.4 mi	$1,814 (±$135)	Not measurably different
Pine Manor	8.8 mi	$1,171 (±$58)	Lower
Iona	9.0 mi	$1,913 (±$132)	Not measurably different
Burnt Store Marina	9.2 mi	$2,393 (±$2,356)	Not measurably different

Nearby places with a measurably lower figure: Pine Island Center, FL ($1,206), Pine Manor, FL ($1,171).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Lee County, place by place

Rank	Place	Median gross rent
6	Lochmoor Waterway Estates	$2,014 (±$299)
7	Estero	$1,920 (±$104)
8	Iona	$1,913 (±$132)
9	Three Oaks	$1,887 (±$158)
10	Gateway	$1,886 (±$175)
11	Bonita Springs	$1,882 (±$90)
12	Cape Coral	$1,858 (±$44)
13	Fort Myers Beach	$1,836 (±$174)
14	Whiskey Creek	$1,814 (±$135)
15	Alva	$1,778 (±$855)
16	McGregor	$1,762 (±$133)
17	Cypress Lake	$1,756 (±$98)
18	San Carlos Park	$1,715 (±$110)

Showing 13 of 32 places in Lee County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cape Coral

What is the average rent in Cape Coral, FL?

The Census Bureau publishes the median rather than the average: the median gross rent in Cape Coral is $1,858 (±$44) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Cape Coral?

In Cape Coral, the median gross rent went from $1,244 in 2015–2019 to $1,858 in 2020–2024 (+49.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Cape Coral cost more than $2,000 a month?

39.3% of rented homes in Cape Coral have a gross rent of $2,000 or more a month, and 0.9% cost less than $500.

Is rent in Cape Coral higher than in Lee County?

In Cape Coral, median gross rent is higher than in Lee County ($1,712).

It is also higher than in Florida ($1,669).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cape Coral city, Florida (place:10275, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.