Cheap Apartments for Rent in Cape Coral, FL from $800 (486 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cape Coral.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 3619 SE 9th Pl

$1,200 - $1,300

2 Bedroom Rentals

Available Now

3619 SE 9th Pl

Cape CoralFL33904

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Hadley Apartments
Rent Specials
$1,434 - $2,764
Total Monthly Price

Total Monthly Price

Base Rent
$1,434 - $2,764

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Hadley Apartments

376 Penley Lake CirCape Coral, FL 33991
Corporate Housing
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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512 SE 6th St
$1,450 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,500

Total Monthly Price
$1,450 - $1,500
2 Bedroom Apartment Available Now

512 SE 6th St

512 SE 6th StCape Coral, FL 33990
Affordability
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Cape Coral, FL Local Guide

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Cheapest Available Cape Coral Apartments for Rent

 

The cheapest available apartment rental in Cape Coral, FL is a 2 Beds unit found at Civitas of Cape Coral in the Hancock neighborhood priced from $982. Windrush Apartments in the Hancock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Cape Coral apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Civitas of Cape Coral2x22BR,2BA$982
Windrush Apartments1x1 Special1BR,1BA$999
Hermosa North Fort Myers1 Bed, 1 bath1BR,1BA$1,071
Country View Garden HomesGardenia - 2A2BR,1BA$1,099
10X Iona LakesA11BR,1BA$1,160
Springs at Cape CoralStudio Grand OverlookStudio,1BA$1,198
The Cottages @ Stillwater1x1 Standard- Call For Availability1BR,1BA$1,200
The Cove at 47thS1Studio,1BA$1,205
Bay HarborSt. John1BR,1BA$1,205

Best Value Apartments for Rent in Cape Coral, FL

As of April 21, 2026 the best value apartment in the Cape Coral area is the $1.12 price per square foot 524 SW 8th Pl Model at 524 SW 8th Pl, Unit 524 SW. 8Th. Place Cape C in the in the Hancock neighborhood starting from $1,850. The second greatest value Cape Coral apartment is the Two Bedroom Model at Tuscany Villas Condos starting at $1,795 with a $1.22 price per square foot in the Pelican neighborhood. Here is today’s list of the best values for Cape Coral apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
524 SW 8th Pl, Unit 524 SW. 8Th. Place Cape C524 SW 8th Pl3BR,2BA$1.12
Tuscany Villas CondosTwo Bedroom2BR,2BA$1.22
1037 SE 11th St, Unit B1037 SE 11th St2BR,2BA$1.32
Crossings at Cape CoralThree Bedroom3BR,2BA$1.12
1252 SE 8th St, Unit 12521252 SE 8th St2BR,2BA$1.22
The Palms at Cape CoralB12BR,2BA$1.32
514 Northeast 24th Place, Unit Unit#6514 Northeast 24th Place2BR,2BA$1.27
Coral Cove2BR-22BR,2BA$1.35
Country View Garden HomesGardenia 2A-L2BR,1BA$1.20
2833 N 2nd St, Unit 28332833 N 2nd St2BR,1BA$1.29

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Cape Coral Overview

"Positioned on the beautiful Gulf of Mexico, Cape Coral is the largest city between Tampa and Miami. Known as ""Waterfront Wonderland,"" Cape Coral has so many waterways, it could be compared to Venice, Italy. "

Why live in Cape Coral, FL?

Positioned on Florida's stunning Gulf Coast, Cape Coral is full of navigable waterways. The weather is one aspect that makes Cape Coral so desirable. If you like being oiled up and sandy, then you are living the Cape Coral lifestyle! Its natural wildlife is another cool feature. For example, Cape Coral has the largest population of burrowing owls in Florida, with about 1000 nesting pairs. These tiny creatures only measure 11.5 inches tall. While there is plenty of outdoor adventures for you to experience during the day, there is also plenty for you to do at night as well. Choose from a fun selection of nightclubs and bars, or if you prefer theater, you can visit the Cultural Park Theater to see a play or musical.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Cape Coral Apartments

What is the Cheapest Studio apartment in Cape Coral?

Currently the most affordable Cheap Studio Apartment in Cape Coral is at Springs at Cape Coral listed at $1,198.

How much is rent for a Cheap One Bedroom Cape Coral Apartment?

The lowest price for a Cheap One Bedroom Cape Coral Apartment is $999 at Windrush Apartments.

What is the lowest price for a Cheap Two Bedroom Cape Coral Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cape Coral is starting from $982 at Civitas of Cape Coral.

What is the most affordable Cape Coral Three Bedroom Apartment?

The best deal on a cheap Cape Coral Three Bedroom Apartment rental is at Country View Garden Homes and starts from $1,249.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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I’m Ryn, your ApartmentHomeLiving.com Local Expert for Fort Myers, Florida. My husband, two big dogs and I moved to the area in 2020.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.