Average Rent in Cape Coral, FL (2026)
Typical asking rent in Cape Coral is $1,877. Across the 6 ZIP codes with data it runs from $1,815 to $2,006, so which side of town you buy on matters as much as the city average. Data as of June 2026.
Rent by ZIP code in Cape Coral
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 33993 | Lee County | $2,006 | +7% |
| 33909 | Lee County | $1,887 | +1% |
| 33914 | Lee County | $1,886 | 0% |
| 33990 | Lee County | $1,867 | -1% |
| 33904 | Lee County | $1,821 | -3% |
| 33991 | Lee County | $1,815 | -3% |
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Cape Coral sits in the Cape Coral-Fort Myers, FL metro area.
Other Florida cities
Would a rental in Cape Coral cash flow?
Start the analyzer with the Cape Coral median rent of $1,877 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.