The Hadley Apartments
376 Penley Lake Cir,
Cape Coral, FL 33991
1-3 Beds | $1,606 - $2,740
Rental Market Trends in Cape Coral, FL
What is the average rent in Cape Coral, FL?
$1,654/month
Average Rent
755 Sq Ft
Average Apartment Size
-7.6%
Decrease in the Last Year
As of December 2024, the average rent in Cape Coral, FL is $1,654 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Cape Coral rent prices are 6% higher than the national average. When you rent an apartment in Cape Coral, you can expect to pay about $1,482 per month for a studio, $1,654 for a one-bedroom apartment, and around $1,897 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,320 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cape Coral, FL?
In the past year, rent has decreased by 7.6%, which averages out to $125 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Cape Coral, FL
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
20%
$700 - $1,000/month
17%
$1,001 - $1,500/month
49%
$1,501 - $2,000/month
15%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cape Coral?
Based on current rent prices, Pelican, Trafalgar and Burnt Store are the most affordable neighborhoods in Cape Coral.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cape Coral?
Based on current rent prices, Caloosahatchee, Hancock and Mariner are the most expensive neighborhoods in Cape Coral.
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cape Coral, FL?
Because the average rent in Cape Coral is $1,654, you’ll want to make about $5,513 per month or $66,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Cape Coral, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Cape Coral, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$993/month
$1,522/month
One Bedroom
$1,580/month
$1,571/month
Two Bedroom
$1,828/month
$1,604/month
Three Bedroom
$2,315/month
$3,445/month
Nearby City Rent Trends
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Property Management Companies in Cape Coral, FL
RPM
-
623
Communities
-
163,569
Units
-
239
Cities
3 Communities in Cape Coral
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
2 Communities in Cape Coral
Hawthorne Residential Partners
-
255
Communities
-
61,944
Units
-
116
Cities
2 Communities in Cape Coral
ZRS Management
-
277
Communities
-
82,212
Units
-
114
Cities
2 Communities in Cape Coral
Continental Properties Company
-
69
Communities
-
18,703
Units
-
61
Cities
2 Communities in Cape Coral
Flaherty & Collins, Inc
-
50
Communities
-
12,182
Units
-
39
Cities
1 Community in Cape Coral
Apartment Management Professionals Residential
-
26
Communities
-
6,789
Units
-
18
Cities
1 Community in Cape Coral
WRH Realty Services
-
36
Communities
-
7,825
Units
-
16
Cities
1 Community in Cape Coral
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.