
Cheap Homes for Rent in Pelican Neighborhood of Cape Coral, FL from $700 (105 Rentals)
Search the lowest-cost Homes available for rent right now in the Pelican area of Cape Coral.


3001 Skyline Blvd

4031 SW 7th Pl

1509 SW 48th Terrace

1 MONTH FREE: Community Pool / All Tiled Unit with a screened in lanai / Water Included

Community Pool / All Tiled Unit with a screened in lanai / Water Included & 1 mnth FREE

131 SW 47th Terrace

3004 Santa Barbara Blvd

334 Cape Coral Pkwy W

4920 Chiquita Blvd S
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.

5004 Chiquita Blvd S

1203 SW 48th Terrace

4641 SW Santa Barbara Pl, Unit 8

5111 SW Courtyards Ct

3313 SW 8th Pl

4530 SW 10th Ave

521 SW 47th Terrace

719 SW 47th Terrace

5004 Chiquita Blvd S

841 Gleason Pkwy
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.

3325 SW 8th Pl

1103 SW 48th Terrace

5027 SW 16th Pl

1507 Cape Coral Pkwy W

3303 SW 8th Pl

3747 SW Santa Barbara Pl

3215 Skyline Blvd

5019 SW 16th Pl

5019 SW 16th Pl, Unit H102

1522 SW 50th St
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.

123 SW 47th Terrace

4404 Santa Barbara Blvd S

4209 SW Santa Barbara Pl

4408 Skyline Blvd

4521 SW 9th Ave

3818 SW 7th Pl

2821 Santa Barbara Blvd

206 Cape Coral Pkwy W

2914 Santa Barbara Blvd

2820 SW 7th Pl
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.

Santa Barbara Villas

5031 SW 16th Pl

5410 Chiquita Blvd S

2722 SW 54th Terrace

1621 SW 33rd St

3408 SW 7th Pl

3408 SW 7th Pl

4405 SW 8th Ct

4330 SW 7th Pl

4708 SE 5th Pl
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.
Pelican, Cape Coral, FL Local Guide

How much does it cost to rent a home in Pelican?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelican 2 Bedroom Homes for Rent | $1,831 | $1,250 | $5,900 |
| Pelican 3 Bedroom Homes for Rent | $3,435 | $1,530 | $10,000+ |
| Pelican 4 Bedroom Homes for Rent | $4,946 | $1,885 | $10,000+ |
| Pelican 5 Bedroom Homes for Rent | $8,101 | $2,700 | $10,000+ |
| Pelican 6 Bedroom Homes for Rent | $760 | $760 | $760 |
| Pelican 7 Bedroom Homes for Rent | $750 | $750 | $750 |
Browse Homes for Rent in this Neighborhood
There are currently 105 rentals with your search options within a 4 mile radius of the Pelican Neighborhood of Cape Coral, FL.
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Pelican, Cape Coral, FL Local Guide
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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 $1,294. Cape Southwest 55+ Apartment Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here are the most affordable Pelican apartments for rent in Ft. Myers, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cape at Savona Point | Aruba | 1BR,1BA | $1,294 |
| Cape Southwest 55+ Apartment Community | Danmark | 1BR,1BA | $1,375 |
| Oasis at Surfside | Costa | 1BR,1BA | $1,389 |
| Aspire Cape Coral | 1 Bedroom 1 Bathroom (ACC-A1) | 1BR,1BA | $1,405 |
| Cabana Club South | Two Bed Two Bath Standard | 2BR,2BA | $1,450 |
| 909 SW 47th Ter | 2/2 | 2BR,2BA | $1,650 |
| Tuscany Villas Condos | Two Bedroom | 2BR,2BA | $1,795 |
| Midtown | E | 2BR,2BA | $1,936 |
Best Value Apartments for Rent in Pelican, FL
As of May 27, 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 E Model at Midtown starting at $1,936 with a $1.45 price per square foot in the Trafalgar neighborhood. Here is today’s list of the best values for Pelican 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 |
| Midtown | E | 2BR,2BA | $1.45 |
| Cabana Club South | Two Bed Two Bath Upgraded | 2BR,2BA | $1.35 |
| 909 SW 47th Ter | 2/2 | 2BR,2BA | $1.63 |
| Cape at Savona Point | Aruba | 1BR,1BA | $1.58 |
| Oasis at Surfside | Costa | 1BR,1BA | $1.92 |
| Aspire Cape Coral | 1 Bedroom 1 Bathroom (ACC-A1) | 1BR,1BA | $1.96 |
| Cape Southwest 55+ Apartment Community | Danmark | 1BR,1BA | $1.96 |
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 Pelican, Cape Coral, FL
School data provided by Great Schools
Frequently Asked Questions about Pelican
What type of rentals are currently available in Pelican?
There are currently 88 Apartments for Rent in Pelican, FL with pricing that ranges from $1,250 to $9,500. There are also 240 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pelican ranging from $750 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 $750 to $24,000 with an average monthly rent of $3,230.
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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.