Cheap Apartments for Rent in Cape Coral, FL from $700 (81 Rentals)

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

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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 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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4805-4845 Manor Ct
1 to 2 Bedroom Apartments

4805-4845 Manor Ct

4805-4845 Manor CtCape Coral, FL 33904
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Lorain Apartments
2 Bedroom Apartments

Lorain Apartments

639-643 SE 13th AveCape Coral, FL 33990
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224-230 SW 47th Terrace
1 to 2 Bedroom Apartments

224-230 SW 47th Terrace

224-230 SW 47th TerCape Coral, FL 33914
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533 SE 6th Ave
2 Bedroom Apartments

533 SE 6th Ave

533 SE 6th AveCape Coral, FL 33990

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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Cape Coral, FL Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Available Cape Coral Apartments for Rent

 

The cheapest available apartment rental in Cape Coral, FL is a 1 Bed unit found at Crossings at Cape Coral in the Hancock neighborhood priced from $1,043. 10X Iona Lakes in the Majestic Palms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Cape Coral apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crossings at Cape CoralOne Bedroom1BR,1BA$1,043
10X Iona LakesA21BR,1BA$1,175
Lady Sara2 Bedroom 2 Bathroom2BR,2BA$1,200
Lady Sara II2 Bedroom 2 Bathroom2BR,2BA$1,200
Siesta LakesA21BR,1BA$1,208
The Cove at 47thS1Studio,1BA$1,210
The Cottages @ Stillwater1x1 Standard- Call For Availability1BR,1BA$1,225

Best Value Apartments for Rent in Cape Coral, FL

As of September 22, 2025 the best value apartment in the Cape Coral area is the $1.18 price per square foot Two Bedroom Model at Tuscany Villas Condos in the in the Pelican neighborhood starting from $1,745. The second greatest value Cape Coral apartment is the B2 Model at The Palms at Cape Coral starting at $1,618 with a $1.37 price per square foot in the Hancock 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.
Tuscany Villas CondosTwo Bedroom2BR,2BA$1.18
The Palms at Cape CoralB22BR,2BA$1.37
The Apartments at the Isles of Porto VistaTwo Bedroom + Den2BR,2BA$1.28
Cabana Club SouthTwo Bed Two Bath Standard2BR,2BA$1.44
Gemini Apartments - Won't Last Long!2 Bedroom2BR,2BA$1.34
Lazy Heron Apartments2 Bedroom 2 Bathroom2BR,2BA$1.30
2833 N 2nd St, Unit 28332833 N 2nd St2BR,1BA$1.40
Lady Sara II2 Bedroom 2 Bathroom2BR,2BA$1.37
Lady Sara2 Bedroom 2 Bathroom2BR,2BA$1.37
Crossings at Cape CoralOne Bedroom1BR,1BA$1.25

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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.

Cape Coral, FL
Population: 189,343

Ranked #133

in US Census Population by City

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Best Local Schools in
Cape Coral, FL

School data provided by Great Schools

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

Explore Cape Coral, FL Rentals by Map

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See the most popular apartments and homes in Cape Coral, FL

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Getting Around Cape Coral, FL

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Cape Coral, FL Area Reviews

  • Parks
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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 The Cove at 47th listed at $1,200.

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

The lowest price for a Cheap One Bedroom Cape Coral Apartment is $1,043 at Crossings at Cape Coral.

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 $1,200 at Lady Sara.

What is the most affordable Cape Coral Three Bedroom Apartment?

The best deal on a cheap Cape Coral Three Bedroom Apartment rental is at Cascades at Clear Lake Apartments and starts from $1,560.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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10 Coolest Affordable Neighborhoods in Fort Myers, FL

Written by: Ryn Gargulinski

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.