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ZIP Code · FL

ZIP 33990

Pop. 34,713·Lee County·467th most expensive ZIP in Florida
Median rent (all units)
$1,867/mo
Year-over-Year
+4.5%
Month-over-Month
+2.8%
vs US Median
-$98
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33990 · $1,867
More expensive than 53% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,690
1 BR
$1,700
2 BR
$2,040
3 BR
$2,660
4 BR+
$2,950
Research median
$2,040/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
$22,404/yr
At $1,867/mo median
Location
StateFL
CountyLee County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.5% YoY, +2.8% MoM), not inventory.
Demographics

Who lives here

ZIP 33990 (Cape Coral, FL) is majority owner-occupied, has a large retiree population, 23.9% of residents hold a bachelor's degree or higher.

Population
34,713
Median income
$70,665
Median age
49.3
Renters
27.4%
Age distribution
16%
17.5%
27.4%
14.6%
24.6%
Under 1816%
18–3417.5%
35–5427.4%
55–6414.6%
65+24.6%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
69.6%
26.2%
White69.6%
Black3.3%
Hispanic26.2%
Asian3.1%
Education (25+)
12.8%
36.5%
26.8%
23.9%
No HS diploma12.8%
HS diploma36.5%
Some college26.8%
Bachelor's+23.9%
Housing tenure
72.6%
27.4%
Owner72.6%
Renter27.4%

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

2021 vs 2026

How ZIP 33990 in Cape Coral, FL has changed in 5 years

Income
$63,249 → $70,665
up 11.7%
Population
35,283 → 34,713
down 1.6%
Renter share
28.4% → 27.4%
-1.0 pts
Bachelor's+
22.6% → 23.9%
+1.3 pts
Median age
47.3 → 49.3
+2.0 yrs

Local incomes tracked alongside that move, going from a median of $63,249 in 2021 to $70,665 more recently. The population has contracted by 1.6% since 2021, moving from about 35,283 residents to roughly 34,713.

Community

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Local insights

Tips for renters in ZIP 33990

About renting in ZIP 33990

Last updated: July 20, 2026

ZIP code 33990 covers Cape Coral, FL. The median rent here is $1,867/mo as of July 2026. A 1-bedroom rents for a median of $1,700/mo. A 2-bedroom rents for a median of $2,040/mo.

At 32% of local median household income ($70,665/yr), ZIP 33990 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33990?

As of July 20, 2026, the median monthly rent in ZIP 33990 (Cape Coral, FL) is $1,867. This is based on aggregated data from public sources and community submissions.

How does ZIP 33990 rent compare to the US average?

ZIP 33990's median rent of $1,867/mo is $98 (5%) below the US national median of $1,965/mo.

How does ZIP 33990 compare to other ZIPs in Florida?

ZIP 33990 is among the more affordable ZIP codes in Florida, ranking #467 out of 662 ZIPs at $1,867/mo.

How much income do you need to rent in ZIP 33990?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,867/mo in ZIP 33990. The local median household income is $70,665/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33990?

Rent in ZIP 33990 has increased 4.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 33990 an affordable place to rent?

ZIP 33990 is considered moderate for renters. At $1,867/mo, rent takes approximately 32% of the local median household income ($70,665/yr). The standard benchmark is 30%. ZIP 33990 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 33990 residents rent vs. own?

According to Census data, approximately 27.4% of ZIP 33990 households are renters, while 72.6% are owner-occupied. ZIP 33990 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33990 compare to the rest of Cape Coral?

ZIP 33990 is more affordable than Cape Coral overall. At $1,867/mo, it's $45 below the Cape Coral citywide median of $1,912/mo.

When was rent data for ZIP 33990 last updated?

Rent data for ZIP 33990 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,867/mo, rent takes ~32% of ZIP 33990's median household income ($70,665/yr). The standard benchmark is 30%.

ZIP 33990 32%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33990 (Cape Coral, FL)

Recent submissions

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