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ZIP Code · FL

ZIP 33904

Pop. 33,599·Lee County·491st most expensive ZIP in Florida
Median rent (all units)
$1,821/mo
Year-over-Year
+2.6%
Month-over-Month
-1.4%
vs US Median
-$144
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33904 · $1,821
More expensive than 50% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,680
1 BR
$1,690
2 BR
$2,020
3 BR
$2,640
4 BR+
$2,920
Research median
$2,020/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,852/yr
At $1,821/mo median
Location
StateFL
CountyLee County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.6% YoY, -1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 33904 (Cape Coral, FL) is majority owner-occupied, has a large retiree population, 29.3% of residents hold a bachelor's degree or higher.

Population
33,599
Median income
$71,190
Median age
58.3
Renters
23%
Age distribution
12.2%
14%
19.7%
17.7%
36.5%
Under 1812.2%
18–3414%
35–5419.7%
55–6417.7%
65+36.5%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
79.9%
16.1%
White79.9%
Black3.6%
Hispanic16.1%
Asian1.6%
Education (25+)
33%
33.3%
29.3%
No HS diploma4.4%
HS diploma33%
Some college33.3%
Bachelor's+29.3%
Housing tenure
77%
23%
Owner77%
Renter23%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 33904 in Cape Coral, FL has changed in 5 years

Rent
$1,344 → $1,821
up 35.5%
Income
$55,026 → $71,190
up 29.4%
Population
31,594 → 33,599
up 6.3%
Renter share
23.2% → 23%
-0.2 pts
Bachelor's+
25.2% → 29.3%
+4.1 pts

Rent in ZIP 33904 in Cape Coral, FL has climbed 35.5% since 2021, going from about $1,344 per month to roughly $1,821 today. On the earnings side, the typical household in ZIP 33904 in Cape Coral, FL now reports about $71,190, up from $55,026 in 2021. Rent outpaced income growth by roughly 6.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 31,594 to 33,599 between 2021 and 2024, a 6.3% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 25.2% to 29.3%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 33904 in Cape Coral, FL reflects that arc in its own way.

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Local insights

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About renting in ZIP 33904

Last updated: July 20, 2026

ZIP code 33904 covers Cape Coral, FL. The median rent here is $1,821/mo as of July 2026. A 1-bedroom rents for a median of $1,690/mo. A 2-bedroom rents for a median of $2,020/mo.

At 31% of local median household income ($71,190/yr), ZIP 33904 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33904?

As of July 20, 2026, the median monthly rent in ZIP 33904 (Cape Coral, FL) is $1,821. This is based on aggregated data from public sources and community submissions.

How does ZIP 33904 rent compare to the US average?

ZIP 33904's median rent of $1,821/mo is $144 (7%) below the US national median of $1,965/mo.

How does ZIP 33904 compare to other ZIPs in Florida?

ZIP 33904 is among the more affordable ZIP codes in Florida, ranking #491 out of 662 ZIPs at $1,821/mo.

How much income do you need to rent in ZIP 33904?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,821/mo in ZIP 33904. The local median household income is $71,190/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33904?

Rent in ZIP 33904 has increased 2.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 33904 an affordable place to rent?

ZIP 33904 is considered moderate for renters. At $1,821/mo, rent takes approximately 31% of the local median household income ($71,190/yr). The standard benchmark is 30%. ZIP 33904 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 33904 residents rent vs. own?

According to Census data, approximately 23% of ZIP 33904 households are renters, while 77% are owner-occupied. ZIP 33904 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33904 compare to the rest of Cape Coral?

ZIP 33904 is more affordable than Cape Coral overall. At $1,821/mo, it's $91 below the Cape Coral citywide median of $1,912/mo.

When was rent data for ZIP 33904 last updated?

Rent data for ZIP 33904 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,821/mo, rent takes ~31% of ZIP 33904's median household income ($71,190/yr). The standard benchmark is 30%.

ZIP 33904 31%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33904 (Cape Coral, FL)

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