Cost of Living in Cape Coral, Florida
Cape Coral has a population of about 215,536. The median household income is $78,104, median gross rent is $1,858/month, and the median home value is $373,500. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Cape Coral expensive to live in?
Compared with the national median in this dataset, rent in Cape Coral is 12% above the national median and home values are about the national median. Household income here is 7% below the national median. Monthly rent represents roughly 29% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Cape Coral?
The median gross rent in Cape Coral, Florida is $1,858 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Cape Coral?
The median owner-occupied home value in Cape Coral is $373,500 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Cape Coral?
The median household income in Cape Coral is $78,104 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.