Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
558 Cape Coral apartments for rent
Cape Coral
Cape Coral is a place to settle down; it’s a very family-friendly city. More than 75% of the city population are married, and more than 65% of them are raising children in Cape Coral.
| Population | 170,063 |
| Median Age | 45 |
| Poverty Rate | 13% |
| Median Income (Household) | $52,000 |
| Number Of Employees | 69,693 |
| Median Property Value | $173,400 |
City Overview
The city itself is an average mid-sized city where you can relocate with your family, get a job, and live in a quiet and friendly community. The entertainment venues and city attractions are located conveniently, so you’ll have a chance to find what to do on weekends regularly. Even though amenities like grocery stores and coffee shops are usually nearby the most densely populated neighborhoods of Cape Coral, you’ll still need a car to get around the city and commute to work according to the latest data. This is not a walking paradise, so make sure you’re ready to face that.
Business & Economy
Press is reporting that the overall economic and employment conditions in Cape Coral are performing well during recent years. There are lots of new project pushing the economy forward along with the high-paying jobs to support the long-term growth of the private company sector. New car dealerships, expansion of the local businesses and other opportunities are making Cape Coral a key player in the Southwest Florida business market. A decent specialist will have no problem in getting a job here, so you can be sure that moving to Cape Coral is a good investment in your family wealth and success.
Wage by Common Jobs
Average salary: $35,962
- 1. Retail salespersons$49,113
- 2. Elementary & middle school teachers$43,146
- 3. Secretaries & administrative assistants$34,083
- 4. Nursing, psychiatric, & home health aides$31,077
- 5. Cashiers$22,390
Employment by Occupations
Numbers claim that the employment rate in Cape Coral, FL changed by 4%, so let’s see what are the most common job groups in this area. People of Cape Coral, FL prefer to work in Administrative, Sales and Management.
Employment by Industries
Keeping in mind that the employment rate changed by 4% recently, there must be a strong understanding of industries people of Cape Coral, FL work in. The most common industries are Retail trade, Healthcare & Social Assistance and Construction. Please note that not all the residents of Cape Coral, FL work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Cape Coral, FL is a home for 74% white residents. The second common group is latino with 20% residents. The list of the most common racial or ethnic groups is closed by black with 4% residents.
Non-English Speakers
Education
Past year Cape Coral, FL universities awarded around 195 degrees. Statistics show that the population of students in Cape Coral, FL include 60 male students and 135 female students. Cape Coral, FL offers private and public tuition with a median cost of $0 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Cape Coral Institute of Technology with the majority of graduates. The n/a and n/a hold the second and the third place respectively. The share of the public colleges in Cape Coral, FL is 100% and n/a% go to the private colleges.
Universities
- 1. Cape Coral Institute of Technology195 graduates
Public vs Private
- Public0%
- Private100%
Health and Safety
The age groups that most likely have the health care coverage in Cape Coral, FL are 65-74 years old for men and 65-74 years old for women. Cape Coral, FL offers a 63 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 47 to 1, speaking of mental health doctors ratio, it’s 87 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 63 |
| Dentists | 1 to 47 |
| Mental Health | 1 to 87 |
| Other | 1 to 80 |
Landmarks
To be fair, Cape Coral is not a tourist-oriented city, so the number of sightseeing and entertainments is minimal. However, as a local resident, you’ll find what to do to relax after a hard week during the weekend: Cape Coral Yacht Club, Sun Splash Family Waterpark, Coral Oaks Golf Course. Everyone will have a chance to have fun in the neighborhoods of Cape Coral.
Transportation
As we’ve already mentioned, it will be almost impossible for you to commute to work and get around the city without a car. Locals say that having a car here is essential since an average one-way commute will take around 28 minutes. For instance, an average US commute time is 26, so it gets quite obvious why you’ll need a car. Less than 1% of the population uses the mass transit here, so we’d say that the transportation system of Cape Coral is not having the best times of its lifecycle.
Commute Time
Average travel time: 26.35 minutes
- USA
- Cape Coral, FL
Commuter Transportation
The workers of Cape Coral, FL traveled to their offices around 26.35 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
- USA
- Cape Coral, FL
Housing Trends
Cape Coral, FL, USA Housing Trends
Average rent in Cape Coral: $2,922 (+3.6%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,294 | +6.6% |
| 2 bed rentals | $2,074 | +6.8% |
| 3 bed rentals | $2,974 | +2.9% |
| 4+ bed rentals | $4,257 | +1.6% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| House rentals | $3,356 | +3.2% |
| Condo rentals | $2,379 | +6.8% |
| Duplex rentals | $1,364 | +0.7% |
| Townhouse rentals | $1,904 | -38.6% |
| Apartment rentals | $2,367 | +22.2% |
| Room rentals | $588 | -6% |
| Loft rentals | $2,383 | +0% |
Over the Apr 2020, the average rent for an apartment in/near Cape Coral, FL increased by 3.5% to . Breaking it down in details, we now see that the average price for 1-bed apartment increased by 6.6% to . Pricing for 2-bed apartment also increased by 6.4% and a place of this size will now cost you . 3-bed apartment rent pricing starts at , it increased by 2.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 1.6% and made it up to .
The median rent for an apartment in Cape Coral, FL increased by 18.2% to . Statistics show that house rent price increased by 3.1% this month making it up to . Condos faced an upward trend these days. The median rent for a condo increased by 6.4%, it’s now available for . You can now rent a duplex for , duplex rent price increased by 0.7% this month. The median rent for a loft did not face significant changes this time, it now still goes for . An average room will now go for , the median rent price for a room decreased by 6.4%.
Rent vs Own
- Rent68%
- Own32%
Finding Apartments for Rent in Cape Coral
The housing market here faces a positive growth trend, and a median rent price here is affordable for an average American family. If you want to find an apartment for rent in Cape Coral, you’ll have to know what amenities will work best for you and your family. Consider our custom filters to sort out the listings that fit your requirements and apply online to avoid the unnecessary paperwork. Found a duplex for rent in Cape Coral? Schedule a visit online and make sure it matches the fancy description in real life. Landlords in Cape Coral are friendly, so you can negotiate the rent with them if you’re slightly out of your budget. Try our custom offers feature while applying for the rental and find common ground with your prospective landlord way faster. Since many rentals in Cape Coral are single-family houses, you’ll have a lot of maintenance tasks throughout your rental term. To sort these questions out with your landlord faster, we recommend you sending him online maintenance requests through Rentberry to highlight the priority tasks and avoid back-and-forth calls.
Neighborhoods of Cape Coral
Burnt Store
Burnt Store is proud of the most significant canal system in the world. The location of this community is near Fort Myers, so it’s quite convenient to rent a property here, especially if you have a car. This way you’ll be able to take the best of two worlds. This area is well-known for the affordability of the housing market. Families with a tight budget may find Burnt Store a fantastic solution to their house hunting. Lots of parks, sports courts and playgrounds will help you raise your kids in a friendly community and a healthy lifestyle.
Hancock
A rather small neighborhood loved by its residents. People tend to say that Hancock is a very well maintained and beautiful up and coming area. According to the Walkscore data, Hancock is a bikable and a bit car-dependent city. Hancock Bridge will help you commute to Santa Barbara Blvd and Fort Myers; your average trip will be around 10-12 minutes by car and about 15-16 minutes on the bike. This neighborhood has a low crime rate and offers a variety of affordable apartments for rent. Add a helpful and friendly community, and you’ve got yourself a hidden gem of Cape Coral.
Pelican
An affordable neighborhood that will fairly be an excellent fit for a family or an elderly couple. Average resident age is around 50 years; the community is very friendly. This area is super-calm, safe, and walkable. People here enjoy the DIY home improvements, gardening, cooking, and family activities. Finding a house for rent in Pelican, Cape Coral will suit you if you’re a calm person who’s not looking for bright nightlife and numerous entertainment venues.
Caloosahatchee
While the whole Cape Coral area is ranked #1 among the safest cities of Lee County, the Caloosahatchee is keeping up with the lowest crime rate of all neighborhoods around. The community includes lots of retirees, so the overall caring community attitude supports the idea of a friendly area. The average income of Caloosahatchee resident is higher than in the other neighborhoods of Cape Coral, so this also affects the economics of this area. Note that the closer you get to the river, the more expensive housing you’ll have to deal with. Among the entertainment options, you’ll really love the kayak tours around the Caloosahatchee Regional Park and local cuisine. Find a house for rent in Caloosahatchee, Cape Coral to enjoy a healthy up and coming community.
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