Nestled in the Sunshine State, Cape Coral, FL, is known for its stunning waterfront views, vibrant arts scene, and endless outdoor recreational opportunities. With its picturesque canals and close proximity to the Gulf of Mexico, Cape Coral draws residents seeking a laid-back, waterfront lifestyle. Whether boating, fishing, or simply enjoying the breathtaking sunsets, this coastal city always has something to appreciate.
For those looking to make Cape Coral their home, the median home sale price is $410,000, while the average rent is $2,296. At Redfin, we’ve gathered 5 popular Cape Coral neighborhoods to check out. From coastal neighborhoods to lush tree-lined residential areas, there are plenty of homes for sale and apartments for rent in Cape Coral.
Deciding between renting or buying your next home? Explore your options.
Compare the costs of renting vs buying and find a lender to secure your mortgage.
Burnt Store is located in the northwest part of Cape Coral. This neighborhood is known for its beautiful waterfront properties and access to the Gulf of Mexico. Residents can enjoy boating, fishing, and stunning sunsets at outdoor spots like Charlotte Harbor Preserve State Park, Matlacha Pass Aquatic Preserve, and Sirenia Vista Park. Burnt Store has a various housing types, including single-family homes, condos, and townhouses – architectural styles range from modern waterfront estates to Mediterranean-inspired villas.
Caloosahatchee is located in the eastern part of Cape Coral, along the Caloosahatchee River. This neighborhood offers easy access to boating and water sports and proximity to the vibrant downtown area. Caloosahatchee is known for its canals, which lead to the Yacht Club Public Beach. Residents can explore the nearby Four Mile Cove Ecological Preserve and enjoy the area’s natural beauty. Caloosahatchee has various housing options, including waterfront homes, modern condos, and traditional ranch-style houses. Architectural styles vary from contemporary designs to Mediterranean-inspired residences.
Median Sale Price: $400,000
Average Rent for 1-Bedroom Apartment: $1,325 | Average Rent for 2-Bedroom Apartment: $1,675
City Center is in the heart of Coral Springs, offering a central location with easy access to shopping, dining, and entertainment. This neighborhood is home to the Coral Springs Museum of Art and The Center, providing cultural attractions for residents and visitors. City Center has a variety of single-family homes, townhouses, and modern apartment buildings.
Pelican is located in southern Cape Coral, offering a waterfront lifestyle with access to the Caloosahatchee River. This neighborhood is known for its beautiful parks and nature preserves, including the Rotary Park Environmental Center and the Tarpon Point Marina. Pelican offers a variety of housing options, including waterfront estates, luxury condos, and modern townhouses. Architectural styles range from Mediterranean-inspired designs to contemporary waterfront homes.
Median Sale Price: $485,000
Average Rent for 1-Bedroom Apartment: $1,650 | Average Rent for 2-Bedroom Apartment: $1,850
Trafalgar is located north of the Pelican neighborhood and offers a peaceful suburban setting with easy access to shopping and dining. This neighborhood is home to the Cape Coral Sports Complex, providing recreational opportunities for residents. Trafalgar has single-family homes, modern condos, and spacious townhouses, often in traditional ranch-style houses and contemporary Mediterranean-inspired designs.
Median Sale Price: $410,000
Average Rent for 1-Bedroom Apartment: $1,970 | Average Rent for 2-Bedroom Apartment: $2,105
Methodology: All neighborhoods must be listed as a “neighborhood” on Redfin.com. Median home sale price data from the Redfin Data Center during March 2024. Average rental data from Rent.com during March 2024.
If you are represented by an agent, this is not a solicitation of your business. This article is for informational purposes only, and is not a substitute for professional advice from a medical provider, licensed attorney, financial advisor, or tax professional. Consumers should independently verify any agency or service mentioned will meet their needs. Learn more about our
Editorial Guidelines here.
Alison is part of the Content Marketing team as a Content Marketing Specialist. In her 4 years at Redfin, Alison has written a variety of articles ranging from home design tips to housing affordability. A California-native, Alison currently resides in Seattle where you can find her catching a concert or exploring farmers’ markets. Her dream home is a cottage-style house with a chef’s kitchen and a cozy room to store and play vinyl records.
United States
Canada