Cheap Apartments for Rent in Cape Coral, FL from $800 (79 Rentals)

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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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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.

property at 4260 SE 20th Pl

$1,499 - $1,850

2 Bedroom Rentals

Available Now

4260 SE 20th Pl

Cape CoralFL33904

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.

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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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Lazy Heron Apartments
1 to 2 Bedroom Apartments

Lazy Heron Apartments

3731 SE 9th PlCape 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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Lady Sara II
2 Bedroom Apartments

Lady Sara II

4830 Lucaya DrCape Coral, FL 33904
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528 SE 7th St
2 Bedroom Apartments

528 SE 7th St

528 SE 7th StCape Coral, FL 33990
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Lady Sara
2 Bedroom Apartments

Lady Sara

3905 SE 15th PlCape Coral, FL 33904
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Midtown
1 to 2 Bedroom Apartments

Midtown

2310-2016 SW 17th PlCape Coral, FL 33991

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Cape Coral, FL Local Guide

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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 Windrush Apartments in the Hancock neighborhood priced from $999. 10X Iona Lakes in the Majestic Palms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,017. Here is today’s list of the most affordable Cape Coral apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Windrush Apartments1x1 Special1BR,1BA$999
10X Iona LakesA11BR,1BA$1,017
Hermosa North Fort Myers1 Bed, 1 bath1BR,1BA$1,071
Springs at Coral ShoresStudio Haven SummitStudio,1BA$1,150
Springs at Cape CoralStudio Grand OverlookStudio,1BA$1,164
The Cove at 47thS1Studio,1BA$1,180
The Palms at Cape CoralA21BR,1BA$1,183
Civitas of Cape Coral2x22BR,2BA$1,185
The AlaryS1Studio,1BA$1,198

Best Value Apartments for Rent in Cape Coral, FL

As of January 20, 2026 the best value apartment in the Cape Coral area is the $0.96 price per square foot Cape Coral Duplex Model at 122 SE 12th Ter in the in the Hancock neighborhood starting from $1,900. 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.
122 SE 12th TerCape Coral Duplex3BR,2BA$0.96
Tuscany Villas CondosTwo Bedroom2BR,2BA$1.22
16 SE 16th Pl, Unit 216 SE 16th Pl2BR,2BA$1.25
513 SE 24th Ave, Unit #1513 SE 24th Ave2BR,2BA$1.25
The Palms at Cape CoralB12BR,2BA$1.36
Crossings at Cape CoralTwo Bedroom2BR,2BA$1.11
4641 SE 5th Plz, Unit 14641 SE 5th Plz2BR,1BA$1.00
521 NE 24th Pl2BR 2BA2BR,2BA$1.28
4225 SE 19th Ave, Unit Serenity4225 SE 19th Ave1BR,1BA$1.33
Civitas of Cape Coral2x22BR,2BA$1.29

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 Coral Shores listed at $1,150.

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 $1,185 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 Civitas of Cape Coral and starts from $1,373.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.