Rent Tracker
Rent Inflation in Cape Coral, FL
The average asking rent in Cape Coral, FL is $1,852/month as of 2026-08. That is -0.4% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,852/mo
as of 2026-08
Year-over-Year Change
-0.4%
24-Month Rent Trend
Monthly ZORI index values for Cape Coral, FL.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,852 | -0.11% |
| 2026-07 | $1,854 | -0.05% |
| 2026-06 | $1,855 | +0.32% |
| 2026-05 | $1,849 | +0.38% |
| 2026-04 | $1,842 | +0.71% |
| 2026-03 | $1,829 | -0.38% |
| 2026-02 | $1,836 | +0.16% |
| 2026-01 | $1,833 | -0.16% |
| 2025-12 | $1,836 | +0.00% |
| 2025-11 | $1,836 | -0.16% |
| 2025-10 | $1,839 | -0.70% |
| 2025-09 | $1,852 | -0.43% |
| 2025-08 | $1,860 | -0.91% |
| 2025-07 | $1,877 | -0.42% |
| 2025-06 | $1,885 | -0.79% |
| 2025-05 | $1,900 | -0.58% |
| 2025-04 | $1,911 | -0.21% |
| 2025-03 | $1,915 | -0.10% |
| 2025-02 | $1,917 | -0.31% |
| 2025-01 | $1,923 | -0.31% |
| 2024-12 | $1,929 | -0.10% |
| 2024-11 | $1,931 | -0.10% |
| 2024-10 | $1,933 | +0.10% |
| 2024-09 | $1,931 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Compare All Cities
Open Full Rent Tracker →Other Cities
Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices