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
| Cape Coral | Lee County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 22.8% (±1.5 points) | 25.7% (±0.7 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 18,878 (±1,348) | 84,149 (±2,424) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 64,036 (±1,678) | 243,654 (±2,971) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.7 (±0.2) | 2.5 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 25.5% (±1.5 points) | 22.8% (±1.5 points) | −2.7 percentage points | Measurable 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cape Coral | — | 22.8% (±1.5 points) | — |
| Lochmoor Waterway Estates | 5.6 mi | 14.0% (±5.7 points) | Lower |
| Palmona Park | 7.1 mi | 51.5% (±22.1 points) | Higher |
| McGregor | 7.7 mi | 20.3% (±4.4 points) | Not measurably different |
| Pine Island Center | 8.1 mi | 28.3% (±10.1 points) | Not measurably different |
| Whiskey Creek | 8.4 mi | 10.3% (±3.7 points) | Lower |
| Pine Manor | 8.8 mi | 71.3% (±20.9 points) | Higher |
| Iona | 9.0 mi | 28.0% (±4.0 points) | Higher |
| Burnt Store Marina | 9.2 mi | 12.4% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 12 | Lehigh Acres | 30.0% (±1.9 points) |
| 13 | Pine Island Center | 28.3% (±10.1 points) |
| 14 | Iona | 28.0% (±4.0 points) |
| 15 | San Carlos Park | 26.4% (±5.0 points) |
| 16 | Olga | 24.7% (±14.0 points) |
| 17 | Cypress Lake | 24.0% (±3.9 points) |
| 18 | Cape Coral | 22.8% (±1.5 points) |
| 19 | McGregor | 20.3% (±4.4 points) |
| 20 | Bonita Springs | 18.2% (±2.2 points) |
| 21 | Gateway | 15.1% (±7.0 points) |
| 22 | North Fort Myers | 14.3% (±1.9 points) |
| 23 (tie) | Estero | 14.0% (±2.5 points) |
| 23 (tie) | Lochmoor Waterway Estates | 14.0% (±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.
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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
- Selected Housing Characteristics (DP04), 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
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cape Coral city, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cape Coral city, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cape Coral city, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
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- Bedrooms in Cape Coral
- Age of homes in Cape Coral
- Vacancy rate in Cape Coral
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- Commute and cars in Cape Coral
- Crime reported to police in Cape Coral
- Population growth in Cape Coral
- How long people stay in Cape Coral
- Crowding and facilities in Cape Coral
- Florida landlord and tenant rules
- Housing across Lee County
- Florida places ranked by share of renters
- Housing data for every place in Florida