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. Below is how Cape Coral compares to the US.

Median Gross Rent $1,858/mo 12% above the national median
Median Home Value $373,500 about the national median
Median Household Income $78,104 7% below the national median
Population 215,536

Is Cape Coral expensive to live in?

Compared with the national median, 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 (US Census ACS).

What is the median home price in Cape Coral?

The median home value in Cape Coral is $373,500.

How much do people earn in Cape Coral?

The median household income in Cape Coral is $78,104 per year.

Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.