How many renters in Cape Coral, FL pay more than 30% of their income on rent?
65.4% (±5.6 points) of renting households in Cape Coral, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
55.1% spend 35% or more.
The median renting household spends 37.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 65.4% (±5.6 points)
- Paying 35% or more
- 55.1% (±5.0 points)
- Median share of income
- 37.2% (±2.1 points)
Rent as a share of income in Cape Coral
| Share of income spent on rent | Cape Coral | Lee County | Florida | United States |
|---|---|---|---|---|
| Less than 15% | 5.7% (±1.7 points) | 6.3% | 8.1% | 12.6% |
| 15% to 19.9% | 7.1% (±2.0 points) | 7.9% | 9.3% | 12.2% |
| 20% to 24.9% | 9.9% (±2.2 points) | 13.2% | 11.3% | 12.6% |
| 25% to 29.9% | 12.0% (±3.0 points) | 12.6% | 11.3% | 11.5% |
| 30% to 34.9% | 10.3% (±2.5 points) | 9.9% | 9.8% | 9.2% |
| 35% or more | 55.1% (±5.0 points) | 50.1% | 50.2% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Cape Coral against Lee County, its state and the nation
| Cape Coral | Lee County | Florida | United States | |
|---|---|---|---|---|
| Paying 30% or more | 65.4% (±5.6 points) | 60.0% (±2.3 points) | 60.0% (±0.4 points) | 51.1% |
| Paying 35% or more | 55.1% (±5.0 points) | 50.1% (±2.1 points) | 50.2% (±0.4 points) | 41.9% |
| Median share of income | 37.2% (±2.1 points) | 35.1% (±1.2 points) | 35.2% (±0.3 points) | 30.6% |
| Median renter household income | $59,384 (±$5,645) | $54,866 (±$2,613) | $53,617 (±$353) | $52,966 |
| Median gross rent | $1,858 (±$44) | $1,712 (±$17) | $1,669 (±$5) | $1,413 |
In Cape Coral, the share of renters paying 30% or more of income is not measurably different from Lee County (60.0%).
It is not measurably different from Florida (60.0%).
It is higher than the national figure (51.1%).
In Lee County, Cape Coral ranks 12 of 33 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 263 of 843.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Cape Coral
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Cape Coral | — | 65.4% (±5.6 points) | — |
| Lochmoor Waterway Estates | 5.6 mi | 29.8% (±19.1 points) | Lower |
| Palmona Park | 7.1 mi | 63.3% (±52.6 points) | Not measurably different |
| McGregor | 7.7 mi | 37.9% (±18.0 points) | Lower |
| Pine Island Center | 8.1 mi | 60.1% (±35.7 points) | Not measurably different |
| Whiskey Creek | 8.4 mi | 22.0% (±33.0 points) | Lower |
| Pine Manor | 8.8 mi | 70.3% (±31.4 points) | Not measurably different |
| Iona | 9.0 mi | 75.9% (±14.2 points) | Not measurably different |
| Burnt Store Marina | 9.2 mi | 42.7% (±60.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Lochmoor Waterway Estates, FL (29.8%), McGregor, FL (37.9%), Whiskey Creek, FL (22.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Lee County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 6 | Iona | 75.9% (±14.2 points) |
| 7 | Fort Myers Beach | 72.2% (±29.9 points) |
| 8 | Pine Manor | 70.3% (±31.4 points) |
| 9 | Verandah | 67.5% (±51.4 points) |
| 10 | Fort Myers Shores | 67.4% (±29.0 points) |
| 11 | Alva | 65.7% (±57.8 points) |
| 12 | Cape Coral | 65.4% (±5.6 points) |
| 13 (tie) | Palmona Park | 63.3% (±52.6 points) |
| 13 (tie) | Villas | 63.3% (±12.8 points) |
| 15 | Fort Myers | 62.0% (±3.7 points) |
| 16 | Bonita Springs | 60.9% (±9.2 points) |
| 17 | Pine Island Center | 60.1% (±35.7 points) |
| 18 | Lehigh Acres | 58.7% (±4.4 points) |
Showing 13 of 33 places in Lee County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Cape Coral
Are renters in Cape Coral rent-burdened?
65.4% of renting households in Cape Coral pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Cape Coral spend on rent?
The median renting household in Cape Coral, FL spends 37.2% (±2.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cape Coral city, Florida
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Cape Coral city, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cape Coral city, Florida
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) and detailed tables (acs/acs5) 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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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.
Figures last updated on .
Related
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- Crime reported to police in Cape Coral
- Population growth in Cape Coral
- How long people stay in Cape Coral
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- Florida landlord and tenant rules
- Housing across Lee County
- Florida places ranked by rent burden
- Housing data for every place in Florida