
Cheap Homes for Rent in Pelican Neighborhood of Cape Coral, FL from $700 (78 Rentals)
Search the lowest-cost Homes available for rent right now in the Pelican area of Cape Coral.


3001 Skyline Blvd

131 SW 47th Terrace

3004 Santa Barbara Blvd

1123 SW 48th Terrace

4407 SW 7th Pl, Unit 3

1203 SW 48th Terrace

5111 SW Courtyards Ct

4031 SW 7th Pl

521 SW 47th Terrace
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.

4023 Skyline Blvd

1016 SW 47th Terrace, Unit #104

4530 SW 10th Ave

835 Gleason Pkwy

4120 Skyline Blvd

5334 Chiquita Blvd S

4641 SW Santa Barbara Pl, Unit 8, Unit 8

907 Cape Coral Pkwy W

3747 SW Santa Barbara Pl

3303 SW 8th Pl
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.

1521 SW 47th Terrace

3215 Skyline Blvd

909 SW 47th Terrace

1522 SW 50th St

Santa Barbara Villas, Unit 79b08bf2-f48b-11e9-ab1a-1866dab910f5

912 SW 39th Terrace

1110 SW 47th Terrace

3311 Skyline Blvd

1507 Cape Coral Pkwy W

3817 SW 8th Ct
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.

4420 Santa Barbara Blvd

3602 Skyline Blvd

4521 SW 9th Ave

3020 Skyline Blvd

4406 Skyline Blvd

1625 SW 34th St

816 SW 48th Terrace

5031 SW 16th Pl

3308 SW 17th Pl

Santa Barbara Villas, Unit 79b05e44-f48b-11e9-ab1a-1866dab910f5
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.

3824 SW 14th Ave

4519-4521 SW 7th Pl

5410 Chiquita Blvd S

1504 SW 47th Terrace

804 Mohawk Pkwy

719 SW 47th Terrace

3505 SW 8th Pl

723 SW 40th Terrace

4620 SW 13th Ave

902 SW 39th Terrace
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

How much does it cost to rent a home in Pelican?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelican 2 Bedroom Homes for Rent | $1,957 | $1,250 | $6,200 |
| Pelican 3 Bedroom Homes for Rent | $3,631 | $1,500 | $10,000+ |
| Pelican 4 Bedroom Homes for Rent | $4,721 | $1,995 | $10,000+ |
| Pelican 5 Bedroom Homes for Rent | $11,873 | $2,800 | $10,000+ |
| Pelican 6 Bedroom Homes for Rent | $740 | $740 | $740 |
| Pelican 7 Bedroom Homes for Rent | $750 | $750 | $750 |
Browse Homes for Rent in this Neighborhood
There are currently 78 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 $1,304. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cape at Savona Point | Aruba | 1BR,1BA | $1,304 |
| Midtown | A | 1BR,1BA | $1,320 |
| The Cape Southwest | Danmark | 1BR,1BA | $1,375 |
| Oasis at Surfside* | Costa | 1BR,1BA | $1,389 |
| Cabana Club South | Two Bed Two Bath Upgraded | 2BR,2BA | $1,500 |
| Aspire Cape Coral | 1 Bedroom 1 Bathroom (ACC-A2) | 1BR,1BA | $1,505 |
| 909 SW 47th Ter | 2/2 | 2BR,2BA | $1,650 |
| Tuscany Villas Condos | Two Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tuscany Villas Condos | Two Bedroom | 2BR,2BA | $1.22 |
| Cabana Club South | Two Bed Two Bath Upgraded | 2BR,2BA | $1.36 |
| 909 SW 47th Ter | 2/2 | 2BR,2BA | $1.63 |
| 2709 SW Santa Barbara Pl, Unit 2 | 2709 SW Santa Barbara Pl | 2BR,2BA | $1.45 |
| Aspire Cape Coral | 1 Bedroom 1 Bathroom (ACC-A2) | 1BR,1BA | $1.74 |
| Cape at Savona Point | Aruba | 1BR,1BA | $1.59 |
| Oasis at Surfside* | Costa | 1BR,1BA | $1.92 |
| The Cape Southwest | Danmark | 1BR,1BA | $1.96 |
| Midtown | A | 1BR,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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 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

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.

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.

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.

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.