Cheap Apartments for Rent in Cape Coral, FL from $675 (764 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 3001 Skyline Blvd
$760

Total Monthly Price

Base Rent$760

Total Monthly Price$760
6 Bedroom, 2 Bath Home for Rent
Available Now
Furnished

3001 Skyline Blvd

Cape CoralFL33914
property at 1781 Coral Point Dr
$772

Total Monthly Price

Base Rent$772

Total Monthly Price$772
6 Bedroom, 2 Bath Home for Rent
Available Now
Furnished

1781 Coral Point Dr

Cape CoralFL33990
close
View Me
Cove at 47th
$1,149 - $3,524

Total Monthly Price

Base Rent$1,149 - $3,524

Total Monthly Price$1,149 - $3,524
Studio to 3 Bedroom Apartments Available Now

Cove at 47th

870 SE 47th TerCape Coral, FL 33904
Furnished
  • Verified
  • Customer Reviewed
  • Smoke Free

Ft. Myers's Best Affordable Neighborhoods

Learn about Ft. Myers and the best places to live with original content written by our Local Expert Ryn Gargulinski

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

close
View Me
The Hadley Apartments
Rent Specials
$1,359 - $2,999

Total Monthly Price

Base Rent$1,359 - $2,999

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Hadley Apartments

376 Penley Lake CirCape Coral, FL 33991
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Solay Cape Coral
Rent Specials
$1,377 - $2,990

Total Monthly Price

Base Rent$1,377 - $2,990

Total Monthly Price$1,377 - $2,990
1 to 3 Bedroom Apartments Available Now

Solay Cape Coral

2700 Diplomat Pky ECape Coral, FL 33909
Corporate Housing
  • Verified
  • Customer Reviewed
  • Smoke Free

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.

Cape Coral, FL Local Guide

Photo of Staff Writer  - Local Guide Expert
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 Hermosa North Fort Myers in the Diplomat neighborhood priced from $892. The Alary in the Coconut Palms neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,138. Here is today’s list of the most affordable Cape Coral apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hermosa North Fort Myers1 Bedroom, 1 Bathroom1BR,1BA$892
The AlaryS1Studio,1BA$1,138
Cove at 47thS1 - S1Studio,1BA$1,149
1418 SE 8th Ter1 Beds, 1 Baths1BR,1BA$1,195
Aspire Cape Coral1 Bedroom 1 Bathroom (ACC-A1)1BR,1BA$1,199
823 Gleason Pkwy2BR/1.0BA2BR,1BA$1,200
Springs at Cape CoralStudio Grand OverlookStudio,1BA$1,203
Springs at Coral ShoresStudio Haven SummitStudio,1BA$1,216
10X Iona LakesA11BR,1BA$1,219
The Cottages @ Stillwater1x1 Standard- Call For Availability1BR,1BA$1,225

Best Value Apartments for Rent in Cape Coral, FL

As of September 03, 2026 the best value apartment in the Cape Coral area is the $1.22 price per square foot Two Bedroom Model at Tuscany Villas Condos in the in the Pelican neighborhood starting from $1,795. The second greatest value Cape Coral apartment is the 2BR/2.0BA Model at Santa Barbara Villas - Move in Special starting at $1,395 with a $1.00 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.
Tuscany Villas CondosTwo Bedroom2BR,2BA$1.22
Santa Barbara Villas - Move in Special2BR/2.0BA2BR,2BA$1.00
323 SE 24th Ave, Unit 323 SE 24th Ave Unit D323 SE 24th Ave2BR,2BA$1.07
3224 SW 7th Pl, Unit Duplex-3224 SW 7th Pl3224 SW 7th Pl2BR,2BA$1.29
3633 Country Club Blvd, Unit 1 - Duplex3633 Country Club Blvd2BR,2BA$1.31
The Apartments at the Isles of Porto VistaTwo Bedroom + Den2BR,2BA$1.29
514 Northeast 24th Place514 Northeast 24th Place2BR,2BA$1.27
Crossings at Cape CoralTwo Bedroom2BR,2BA$1.22
Cabana Club SouthTwo Bed Two Bath Standard2BR,2BA$1.32
607 SE 13th Pl2BR/2.0BA2BR,2BA$1.19

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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!

Explore Cape Coral, FL Rentals by Map

View Map
Cape Coral, FL Apartments Map
View Map
Cape Coral, FL Rental Homes Map

Cape Coral, FL Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Outdoor Access
  • Cost of Living
  • Safety

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 Alary listed at $1,138.

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

The lowest price for a Cheap One Bedroom Cape Coral Apartment is $892 at Hermosa North Fort Myers.

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 $1,075 at Hermosa North Fort Myers.

What is the most affordable Cape Coral Three Bedroom Apartment?

The best deal on a cheap Cape Coral Three Bedroom Apartment rental is at Coral Cove and starts from $1,400.

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

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Fort Myers article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Fort Myers

Written by: Ryn Gargulinski

I’m Ryn, your ApartmentHomeLiving.com Local Expert for Fort Myers, Florida.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.