
Cheap Homes for Rent in Cape Coral, FL from $760 (532 Rentals)
Search the lowest-cost Homes available for rent right now in Cape Coral.


3001 Skyline Blvd

1781 Coral Point Dr

3300 NW 15th Ln

5105 Atlantic Ct, Unit #5

4917 Vincennes St

5101 Manor Ct

4913 Vincennes St

4353 Country Club Blvd

16363 Teresa Ln
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

1817 N Tamiami Trl, Unit 1817

1712 Pacific Ave

12120 Cactus Dr

4360 Hitzing Ave

3417 SW Santa Barbara Pl

4753 Orange Grove Blvd

4425 Ruthann Ct

309 SW 3rd Pl

4424 SW 8th Pl

122 Caravan Cir
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.

4520 SW 8th Pl

8042 Cleaves Rd

17100 Tamiami Trl

1920 W Lakeview Blvd

260 Stockton St

1430 NE 4th Ter

4290 Mailbox Ave

1107 SE 46th Ln

4970 Vincennes St, Unit 4970 Vincennes Street 2B

620 SE 47th St
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.

3602 Skyline Blvd

4913 Viceroy St

120 Trafalgar Pkwy

419 Zeeland St

349 Hans Brinker St

19237 Cedar Crest Ct

19421 Bermuda Ct

1016 SW 47th Terrace, Unit 202

4475 Frankie Ct

4931 Vincennes Ct
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.

4777 Orange Grove Blvd

610 SE 10th St

15655 Ocean Walk Circle

947 Strongbox Ln

4511 Skyline Blvd, Unit 2

4616 SE 6th Ave

4803 Triton Ct E

1119 Sixth Way

15605 Ocean Walk Circle

4620 SE 4th Pl
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

How much does it cost to rent a home in Cape Coral?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cape Coral 2 Bedroom Homes for Rent | $2,073 | $1,000 | $10,000+ |
| Cape Coral 3 Bedroom Homes for Rent | $2,728 | $1,150 | $10,000+ |
| Cape Coral 4 Bedroom Homes for Rent | $2,971 | $1,499 | $10,000+ |
| Cape Coral 5 Bedroom Homes for Rent | $5,381 | $2,385 | $10,000+ |
| Cape Coral 6 Bedroom Homes for Rent | $1,510 | $760 | $3,000 |
Browse Top Homes for Rent in Cape Coral
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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 1 Bed unit found at Hermosa North Fort Myers in the Diplomat neighborhood priced from $892. 10X Iona Lakes in the Majestic Palms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,139. Here is today’s list of the most affordable Cape Coral apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hermosa North Fort Myers | 1 Bedroom, 1 Bathroom | 1BR,1BA | $892 |
| 10X Iona Lakes | A1 | 1BR,1BA | $1,139 |
| 4009 SE 11th Ave | 2BR/2.0BA | 2BR,2BA | $1,150 |
| Springs at Coral Shores | Studio Haven Summit | Studio,1BA | $1,194 |
| 1418 SE 8th Ter | 1 Beds, 1 Baths | 1BR,1BA | $1,195 |
| 1103/1107 SE 46TH LN | 2BR/1.0BA | 2BR,1BA | $1,195 |
| Springs at Cape Coral | Studio Grand Overlook | Studio,1BA | $1,203 |
| The Cottages @ Stillwater | 1x1 Standard- Call For Availability | 1BR,1BA | $1,225 |
| The Apartments at the Isles of Porto Vista | One Bedroom Deluxe | 1BR,1BA | $1,269 |
| 607 SE 13th Pl | 2BR/2.0BA | 2BR,2BA | $1,295 |
Best Value Apartments for Rent in Cape Coral, FL
As of August 26, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tuscany Villas Condos | Two Bedroom | 2BR,2BA | $1.22 |
| Santa Barbara Villas - Move in Special | 2BR/2.0BA | 2BR,2BA | $1.00 |
| 1037 SE 11th St, Unit A | 1037 SE 11th St | 2BR,2BA | $1.32 |
| 323 SE 24th Ave, Unit 323 SE 24th Ave Unit D | 323 SE 24th Ave | 2BR,2BA | $1.07 |
| 3224 SW 7th Pl, Unit Duplex-3224 SW 7th Pl | 3224 SW 7th Pl | 2BR,2BA | $1.29 |
| 3633 Country Club Blvd, Unit Unit 1 - Duplex | 3633 Country Club Blvd | 2BR,2BA | $1.33 |
| The Apartments at the Isles of Porto Vista | Two Bedroom + Den | 2BR,2BA | $1.29 |
| Crossings at Cape Coral | Two Bedroom | 2BR,2BA | $1.24 |
| 514 Northeast 24th Place | 514 Northeast 24th Place | 2BR,2BA | $1.27 |
| 607 SE 13th Pl | 2BR/2.0BA | 2BR,2BA | $1.18 |
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 ArticleReal 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 ArticleQuick 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.
Best Local Schools in Cape Coral, FL
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Cape Coral, FL Area Reviews
Frequently Asked Questions about Cape Coral
What type of rentals are currently available in Cape Coral?
There are currently 400 Apartments for Rent in Cape Coral, FL with pricing that ranges from $675 to $10,000. There are also 1383 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cape Coral ranging from $760 to $24,000.
What is the current price range for Rental Homes in Cape Coral?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cape Coral ranges from $760 to $24,000 with an average monthly rent of $2,601.
How much are larger Three and Four Bedroom Rentals in Cape Coral?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cape Coral range from $1,249 to $9,932, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $24,000. Four Bedroom Single-Family rentals are also available starting from $1,499 and Four Bedroom Apartments start at $1,609.
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

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.

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.

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.

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.