Cheap Homes for Rent in Cape Coral, FL from $700 (615 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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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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property at 331 Tarpon Dr

$1,150

2 Bedroom Rentals

Available Now

331 Tarpon Dr

Cape CoralFL33904

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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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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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.

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Cape Coral, FL Local Guide

Cheapest Available Cape Coral Apartments for Rent

 

The cheapest available apartment rental in Cape Coral, FL is a 1 Bed unit found at 10X Iona Lakes in the Majestic Palms neighborhood priced from $1,029. Hermosa North Fort Myers in the Diplomat neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,071. Here is today’s list of the most affordable Cape Coral apartments for rent:

Apartment ListingModel NameBed/BathPriced From
10X Iona LakesA11BR,1BA$1,029
Hermosa North Fort Myers1 Bed, 1 bath1BR,1BA$1,071
Country View Garden HomesLotus - 0AStudio,1BA$1,099
Springs at Cape CoralStudio Grand OverlookStudio,1BA$1,156
The Cottages @ Stillwater1x1 Standard- Call For Availability1BR,1BA$1,175
Coral Cove2BR-22BR,2BA$1,200
The Palms at Cape CoralA21BR,1BA$1,201
Crossings at Cape CoralTwo Bedroom2BR,2BA$1,224
Springs at Coral ShoresStudio Grand OverlookStudio,1BA$1,236
Windrush Apartments1 Bedroom 1 Bathroom1BR,1BA$1,249

Best Value Apartments for Rent in Cape Coral, FL

As of January 03, 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$1.33
The Apartments at the Isles of Porto VistaTwo Bedroom + Den2BR,2BA$1.39
Crossings at Cape CoralTwo Bedroom2BR,2BA$1.11
521 NE 24th Pl2BR 2BA2BR,2BA$1.28
4225 SE 19th Ave, Unit Serenity4225 SE 19th Ave1BR,1BA$1.33
1321 SE 8th Ave2b/2b2BR,2BA$1.38
Civitas of Cape Coral2x22BR,2BA$1.41

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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Best Local Schools in
Cape Coral, FL

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

Explore Cape Coral, FL Rentals by Map

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Cape Coral, FL Area Reviews

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Frequently Asked Questions about Cape Coral

What type of rentals are currently available in Cape Coral?

There are currently 399 Apartments for Rent in Cape Coral, FL with pricing that ranges from $999 to $15,062. There are also 1730 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cape Coral ranging from $740 to $42,000.

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 $740 to $42,000 with an average monthly rent of $2,301.

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 $1,265 to $9,126, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $42,000. Four Bedroom Single-Family rentals are also available starting from $1,499 and Four Bedroom Apartments start at $1,820.

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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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 Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.