salaryRent is higher than in 81% of U.S. cities. A typical house costs about 4.4 years of household income. Most homes (77.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $93,560 a year. That is $45 an hour at a full-time job.
Is rent cheaper than other Florida cities?
No. Rent here is more expensive than in most of Florida. It is number 358 of 479 cities from cheapest to most expensive.
Compare Cape Coral with other big cities
Compare Cape Coral to 149 other cities →
How much do households earn in Cape Coral?
Share of households by yearly income. 25.7% of households earn $100,000 or more.
Rent by apartment size in Cape Coral
| Size | Cape Coral | U.S. average |
|---|---|---|
| Studio | $1,739 | $1,338 |
| 1 bedroom | $1,680 | $1,324 |
| 2 bedrooms | $1,738 | $1,509 |
| 3 bedrooms | $2,085 | $1,698 |
| 4 bedrooms | $2,292 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cape Coral overall?
Everyday prices in the Cape Coral-Fort Myers metro area are 2% above the U.S. average (index 102.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Cape Coral
Life in Cape Coral
What jobs pay in Cape Coral
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $134,880 | 20.8% |
| Physician Assistant | $131,700 | 21.3% |
| Nurse Practitioner | $129,670 | 21.6% |
| Lawyer | $129,450 | 21.7% |
| Software Developer | $126,940 | 22.1% |
| Computer Systems Analyst | $97,310 | 28.8% |
| Operations Manager | $94,730 | 29.6% |
| Dental Hygienist | $91,120 | 30.8% |
| Civil Engineer | $84,990 | 33.0% |
| Registered Nurse | $82,860 | 33.9% |
| Accountant | $79,420 | 35.3% |
| Police Officer | $76,710 | 36.6% |
| Market Research Analyst | $65,180 | 43.1% |
| Licensed Practical Nurse | $61,530 | 45.6% |
| Elementary School Teacher | $60,470 | 46.4% |
| Firefighter | $60,000 | 46.8% |
| HVAC Technician | $58,170 | 48.3% |
| Electrician | $57,930 | 48.5% |
| Plumber | $51,690 | 54.3% |
| Carpenter | $49,210 | 57.0% |
| Truck Driver | $48,950 | 57.3% |
| Medical Assistant | $42,860 | 65.5% |
| Warehouse Worker | $38,490 | 72.9% |
| Customer Service Representative | $38,180 | 73.5% |
| Nursing Assistant | $37,510 | 74.8% |
| Restaurant Cook | $37,240 | 75.4% |
| Server (Waiter/Waitress) | $36,660 | 76.6% |
| Retail Salesperson | $34,650 | 81.0% |
| Cashier | $30,530 | 91.9% |
Is it cheaper to rent or buy in Cape Coral?
Renting is cheaper right now: about $253 a month less.
Owning assumes a typical $373,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,350 for the down payment.
Frequently asked questions
What is the average rent in Cape Coral, FL?
Renting in Cape Coral costs a median of about $2,339 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Cape Coral?
To keep rent under 30% of income, you need about $93,560 a year, or $45 an hour at a full-time job.
Is Cape Coral cheap or expensive?
Cape Coral is rated Expensive: rent takes 33.3% of the typical household income of $84,235. It ranks 358th cheapest of 479 Florida cities we track.
How much are property taxes in Cape Coral?
The median homeowner in Cape Coral pays $3,176 a year in property taxes, about 0.85% of the median home value.
Is Cape Coral more expensive than the national average?
Overall prices in the metro area are 2% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Cape Coral?
The median home value in Cape Coral is $373,500, about 4.4 times the typical yearly household income.
215,536 people live in Cape Coral. Numbers are typical (middle) values.