What percentage of people rent in Cape Coral, FL?

22.8% (±1.5 points) of the occupied homes in Cape Coral, FL are rented (2020–2024 American Community Survey).

That is 18,878 renting households against 64,036 that own their home.

In Cape Coral, the share of households that rent went from 25.5% in 2015–2019 to 22.8% in 2020–2024 (−2.7 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
22.8% (±1.5 points)
Renting households
18,878 (±1,348)
Median renter income
$59,384 (±$5,645)

Who rents and who owns in Cape Coral

Tenure, estimate (90% margin of error)
Cape CoralLee CountyFloridaUnited States
Renter-occupied share22.8% (±1.5 points)25.7% (±0.7 points)32.4% (±0.2 points)34.8%
Renting households18,878 (±1,348)84,149 (±2,424)2,834,163 (±17,461)45,017,354
Owning households64,036 (±1,678)243,654 (±2,971)5,918,647 (±31,594)84,210,142
Average renter household size2.7 (±0.2)2.5 (±0.1)2.5 (±0.0)2.3
Average owner household size2.6 (±0.1)2.4 (±0.0)2.5 (±0.0)2.6
Median renter household income$59,384 (±$5,645)$54,866 (±$2,613)$53,617 (±$353)$52,966
Median owner household income$86,940 (±$3,606)$86,271 (±$1,837)$88,144 (±$469)$100,009

In Cape Coral, the renter share is lower than in Lee County (25.7%).

It is also lower than in Florida (32.4%).

It is lower than the national figure (34.8%).

In Lee County, Cape Coral ranks 18 of 33 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 508 of 857.

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

How renting in Cape Coral has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent25.5% (±1.5 points)22.8% (±1.5 points)−2.7 percentage pointsMeasurable decrease
Median gross rent$1,244 (±$32)$1,858 (±$44)+49.4%Up after inflation
Median household income$61,599 (±$1,850)$78,104 (±$2,925)+26.8%No measurable change after inflation

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.

Households that rent in places near Cape Coral

Nearest places with a published estimate, compared with Cape Coral
PlaceDistanceHouseholds that rentCompared with this place
Cape Coral—22.8% (±1.5 points)—
Lochmoor Waterway Estates5.6 mi14.0% (±5.7 points)Lower
Palmona Park7.1 mi51.5% (±22.1 points)Higher
McGregor7.7 mi20.3% (±4.4 points)Not measurably different
Pine Island Center8.1 mi28.3% (±10.1 points)Not measurably different
Whiskey Creek8.4 mi10.3% (±3.7 points)Lower
Pine Manor8.8 mi71.3% (±20.9 points)Higher
Iona9.0 mi28.0% (±4.0 points)Higher
Burnt Store Marina9.2 mi12.4% (±8.4 points)Lower

Nearby places with a measurably lower figure: Lochmoor Waterway Estates, FL (14.0%), Whiskey Creek, FL (10.3%), Burnt Store Marina, FL (12.4%).

Nearby places with a measurably higher figure: Palmona Park, FL (51.5%), Pine Manor, FL (71.3%), Iona, FL (28.0%).

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

Households that rent across Lee County, place by place

RankPlaceHouseholds that rent
12Lehigh Acres30.0% (±1.9 points)
13Pine Island Center28.3% (±10.1 points)
14Iona28.0% (±4.0 points)
15San Carlos Park26.4% (±5.0 points)
16Olga24.7% (±14.0 points)
17Cypress Lake24.0% (±3.9 points)
18Cape Coral22.8% (±1.5 points)
19McGregor20.3% (±4.4 points)
20Bonita Springs18.2% (±2.2 points)
21Gateway15.1% (±7.0 points)
22North Fort Myers14.3% (±1.9 points)
23 (tie)Estero14.0% (±2.5 points)
23 (tie)Lochmoor Waterway Estates14.0% (±5.7 points)

Showing 13 of 33 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.

What you can do on Seayora in Cape Coral

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Questions about Cape Coral

How many renters are there in Cape Coral?

Cape Coral has an estimated 18,878 (±1,348) renting households, 22.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Cape Coral?

In Cape Coral, the share of households that rent went from 25.5% in 2015–2019 to 22.8% in 2020–2024 (−2.7 percentage points), a measurable decrease.

How big are renting households in Cape Coral?

A renting household in Cape Coral has 2.7 people on average, against 2.6 in an owned home.

How much do renters earn in Cape Coral?

The median renting household in Cape Coral, FL has an income of $59,384 (±$5,645) a year, against $86,940 for households that own their home.

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) 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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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