Cape Coral-Fort Myers, FL Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Cape Coral-Fort Myers, FL
The median asking rent in Cape Coral-Fort Myers, FL is $2,200 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $305,715, that rent level prices Cape Coral-Fort Myers, FL at a 8.79% gross rental yield — compared with 8.28% across Florida.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Cape Coral-Fort Myers, FL rent and rental yield comparison
The current Cape Coral-Fort Myers, FL baseline is $2,200 median asking rent and 8.79% gross rental yield. Compare rent, yield, and home values with selected Florida metros, then open a public report or Rental Insights for property-level follow-up.
Miami-Fort Lauderdale-West Palm Beach, FL
Miami-Fort Lauderdale-West Palm Beach, FL median asking rent is $3,400, $1,200 (54.5%) higher than the $2,200 median asking rent in Cape Coral-Fort Myers, FL.
- Median rent
- $3,400
- Gross yield
- 7.95%
- Avg home value
- $524,102
Tampa-St. Petersburg-Clearwater, FL
Tampa-St. Petersburg-Clearwater, FL median asking rent is $2,399, $199 (9%) higher than the $2,200 median asking rent in Cape Coral-Fort Myers, FL.
- Median rent
- $2,399
- Gross yield
- 8.44%
- Avg home value
- $328,449
Orlando-Kissimmee-Sanford, FL
Orlando-Kissimmee-Sanford, FL median asking rent is $2,400, $200 (9.1%) higher than the $2,200 median asking rent in Cape Coral-Fort Myers, FL.
- Median rent
- $2,400
- Gross yield
- 7.68%
- Avg home value
- $371,973
North Port-Bradenton-Sarasota, FL
North Port-Bradenton-Sarasota, FL median asking rent is $2,550, $350 (15.9%) higher than the $2,200 median asking rent in Cape Coral-Fort Myers, FL.
- Median rent
- $2,550
- Gross yield
- 8.56%
- Avg home value
- $364,394
Sebring, FL
Sebring, FL median asking rent is $1,650, $550 (25%) lower than the $2,200 median asking rent in Cape Coral-Fort Myers, FL.
- Median rent
- $1,650
- Gross yield
- 9.58%
- Avg home value
- $206,363
Palatka, FL
Palatka, FL median asking rent is $1,500, $700 (31.8%) lower than the $2,200 median asking rent in Cape Coral-Fort Myers, FL.
- Median rent
- $1,500
- Gross yield
- 11.89%
- Avg home value
- $127,142
Lake City, FL
Lake City, FL median asking rent is $1,795, $405 (18.4%) lower than the $2,200 median asking rent in Cape Coral-Fort Myers, FL.
- Median rent
- $1,795
- Gross yield
- 10.15%
- Avg home value
- $165,981
Arcadia, FL
Arcadia, FL median asking rent is $1,800, $400 (18.2%) lower than the $2,200 median asking rent in Cape Coral-Fort Myers, FL.
- Median rent
- $1,800
- Gross yield
- 9.82%
- Avg home value
- $250,255
Cape Coral-Fort Myers, FL rent and yield FAQ
Quick answers based on the latest Cape Coral-Fort Myers, FL rental listing and transaction data.
What is the average rent in Cape Coral-Fort Myers, FL?
As of July 2026, the median asking rent in Cape Coral-Fort Myers, FL is $2,200. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Cape Coral-Fort Myers, FL?
Cape Coral-Fort Myers, FL currently prices at a 8.79% gross rental yield, versus 8.28% across Florida. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Cape Coral-Fort Myers, FL market context to property-level screening
Open Rental Insights with Cape Coral-Fort Myers, FL selected, then pair the yield signal with investor activity and rental data workflows.