Cape Coral, FL Houses & Single Family Homes For Rent | realtor.com® (2025)

FAQs

Are home prices dropping in Cape Coral Florida? ›

Homes in Cape Coral have sold for 2.3% less than they did a year ago. Summary: The median home sold price in Cape Coral was $391,302 in August 2024, down 2.3% from last year, and the median price per square foot was $234.

Invitation Homes, the nation's largest owner of single-family rentals with nearly 85,000 houses, is having a hard time finding properties to buy — and has been turning to homebuilders to help it bolster its offerings to clients.

Overall, Florida is a landlord-friendly state that offers many advantages for investors interested in rental properties. With its favorable rental market conditions, landlords can enjoy the freedom to set rents at market rates and take necessary actions to protect their investment.

Cape Coral has been consistently ranked among the top 10 most overpriced housing markets in the U.S. over the last few years, according to data from researchers at Florida Atlantic University and Florida International University.

Sale-to-list price ratio: 92.28% Cape Coral, FL is a buyer's market in July 2024, which means that the supply of homes is greater than the demand for homes.

Blackstone Group is by far the biggest buyer of single family houses with an estimated $2.5 billion totaling up to 16,000 single-family houses and they are currently in Atlanta GA, Chicago IL, Las Vegas NV, Phoenix AZ, and Inland Empire, LA, Sacremento Valley, Bay Area, Central Valley California, Miami Orlando and ...

Larry Ellison

His real estate portfolio stands at an eye-popping $1 billion, according to Forbes, and he owns at least 36 properties, according to Love Property.

On average, landlords have three properties to their name. Of those who own the units, it's about a 50/50 split when it comes to just being the owner and handing management over to someone else, or owning while also managing the properties.

It's come to my attention recently that not everyone is aware you can negotiate/haggle your rent. Don't accept the first offer and look for similar units on the market to gauge what is 'fair'.

Will rent go down in 2024, Florida? The short answer is yes. Statistics show that the rental rates in Florida have been decreasing throughout 2023. According to DSNews, single-family rental rates have been falling for 15 months consecutively throughout the country.

Does Florida favor landlords or tenants? ›

Despite not having an extremely low rate, Florida is still a landlord-friendly state due to its favorable security deposit and eviction laws. There are no state-wide rent control ordinances in Florida. Like in all other states, landlords in Florida cannot increase rent if a tenant is on a standard fixed-term lease.

Cape Coral has been named one of the best cities for first-time home buyers in the country.

Not for the next few years. Florida's housing market will not crash in 2024. Despite low housing demand and modest home prices, Florida's market is afloat.

Favorable Tax Environment: Florida's tax-friendly policies extend to Cape Coral, making it an even more attractive destination for investors. The absence of state income tax and reasonable property taxes mean more of your investment returns stay in your pocket.

Population trends

Among Cape Coral residents, there is a homeowner vacancy rate of 3.7% and a rental vacancy rate of 6.8% from a total of 80,938 units.