Cheap Homes for Rent in Pelican Neighborhood of Cape Coral, FL from $700 (78 Rentals)

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Search the lowest-cost Homes available for rent right now in the Pelican area of Cape Coral.

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.

property at 4641 SW Santa Barbara Pl

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

4641 SW Santa Barbara Pl, Unit 8, Unit 8

4641 SW Santa Barbara Pl
Cape CoralFL33914
property at 3303 SW 8th Pl

$1,395 - $1,445

2 Bedroom Rentals

Available Now

3303 SW 8th Pl

Cape CoralFL33914

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.

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.

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.

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.

Pelican, Cape Coral, FL Local Guide

Cheapest Available Pelican Apartments for Rent

 

The cheapest available apartment rental in the Pelican area of Ft. Myers, FL is a 1 Bed unit found at Cape at Savona Point priced from $1,304. Midtown has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,320. Here are the most affordable Pelican apartments for rent in Ft. Myers, FL:

Apartment ListingModel NameBed/BathPriced From
Cape at Savona PointAruba1BR,1BA$1,304
MidtownA1BR,1BA$1,320
The Cape SouthwestDanmark1BR,1BA$1,375
Oasis at Surfside*Costa1BR,1BA$1,389
Cabana Club SouthTwo Bed Two Bath Upgraded2BR,2BA$1,500
Aspire Cape Coral1 Bedroom 1 Bathroom (ACC-A2)1BR,1BA$1,505
909 SW 47th Ter2/22BR,2BA$1,650
Tuscany Villas CondosTwo Bedroom2BR,2BA$1,795

Best Value Apartments for Rent in Pelican, FL

As of April 12, 2026 the best value apartment in the Pelican 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 Pelican apartment is the Two Bed Two Bath Upgraded Model at Cabana Club South starting at $1,500 with a $1.36 price per square foot in the Pelican neighborhood. Here is today’s list of the best values for Pelican apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tuscany Villas CondosTwo Bedroom2BR,2BA$1.22
Cabana Club SouthTwo Bed Two Bath Upgraded2BR,2BA$1.36
909 SW 47th Ter2/22BR,2BA$1.63
2709 SW Santa Barbara Pl, Unit 22709 SW Santa Barbara Pl2BR,2BA$1.45
Aspire Cape Coral1 Bedroom 1 Bathroom (ACC-A2)1BR,1BA$1.74
Cape at Savona PointAruba1BR,1BA$1.59
Oasis at Surfside*Costa1BR,1BA$1.92
The Cape SouthwestDanmark1BR,1BA$1.96
MidtownA1BR,1BA$1.92

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Frequently Asked Questions about Pelican

What type of rentals are currently available in Pelican?

There are currently 91 Apartments for Rent in Pelican, FL with pricing that ranges from $1,363 to $9,500. There are also 238 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pelican ranging from $740 to $24,000.

What is the current price range for Rental Homes in Pelican?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pelican ranges from $740 to $24,000 with an average monthly rent of $3,724.

How much are larger Three and Four Bedroom Rentals in Pelican?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Pelican range from $1,400 to $9,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $24,000. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,849.

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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.