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ZIP Code · FL

ZIP 33991

Pop. 27,725·Lee County·496th most expensive ZIP in Florida
Median rent (all units)
$1,815/mo
Year-over-Year
-6.8%
Month-over-Month
+0.4%
vs US Median
-$150
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 33991 · $1,815
More affordable than 51% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,409
1 BR
$1,416
2 BR
$1,695
3 BR
$2,211
4 BR+
$2,448
Research median
$1,695/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
$21,780/yr
At $1,815/mo median
Location
StateFL
CountyLee County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 6.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-6.8% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 33991 (Cape Coral, FL) is majority owner-occupied, has a large retiree population, 27% of residents hold a bachelor's degree or higher.

Population
27,725
Median income
$84,470
Median age
46.9
Renters
21.3%
Age distribution
19.2%
15.5%
25.1%
16.1%
24.1%
Under 1819.2%
18–3415.5%
35–5425.1%
55–6416.1%
65+24.1%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
70.5%
23.4%
White70.5%
Black4.7%
Hispanic23.4%
Asian0.9%
Other0.5%
Education (25+)
33.2%
33%
27%
No HS diploma6.8%
HS diploma33.2%
Some college33%
Bachelor's+27%
Housing tenure
78.7%
21.3%
Owner78.7%
Renter21.3%

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

2021 vs 2026

How ZIP 33991 in Cape Coral, FL has changed in 5 years

Rent
$1,457 → $1,815
up 24.6%
Income
$70,457 → $84,470
up 19.9%
Population
23,899 → 27,725
up 16.0%
Renter share
20.5% → 21.3%
+0.8 pts
Bachelor's+
25.9% → 27%
+1.1 pts
Median age
44.9 → 46.9
+2.0 yrs

Across the past five years, the going rent in ZIP 33991 in Cape Coral, FL has shifted from $1,457 to $1,815, up 24.6% since 2021. Household income in the area moved from $70,457 to $84,470 across the same window, up 19.9% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 33991 in Cape Coral, FL adding about 3,826 residents over the five-year window, up 16.0% on net. Reading these numbers side by side helps frame whether current listings in ZIP 33991 in Cape Coral, FL look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 33991

Last updated: July 20, 2026

ZIP code 33991 covers Cape Coral, FL. The median rent here is $1,815/mo as of July 2026. A 1-bedroom rents for a median of $1,416/mo. A 2-bedroom rents for a median of $1,695/mo.

At 26% of local median household income ($84,470/yr), ZIP 33991 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33991?

As of July 20, 2026, the median monthly rent in ZIP 33991 (Cape Coral, FL) is $1,815. This is based on aggregated data from public sources and community submissions.

How does ZIP 33991 rent compare to the US average?

ZIP 33991's median rent of $1,815/mo is $150 (8%) below the US national median of $1,965/mo.

How does ZIP 33991 compare to other ZIPs in Florida?

ZIP 33991 is among the more affordable ZIP codes in Florida, ranking #496 out of 662 ZIPs at $1,815/mo.

How much income do you need to rent in ZIP 33991?

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 $1,815/mo in ZIP 33991. The local median household income is $84,470/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 33991?

Rent in ZIP 33991 has decreased 6.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 33991 an affordable place to rent?

ZIP 33991 is considered affordable for renters. At $1,815/mo, rent takes approximately 26% of the local median household income ($84,470/yr). The standard benchmark is 30%. ZIP 33991 falls comfortably within that range.

What percentage of ZIP 33991 residents rent vs. own?

According to Census data, approximately 21.3% of ZIP 33991 households are renters, while 78.7% are owner-occupied. ZIP 33991 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33991 compare to the rest of Cape Coral?

ZIP 33991 is more affordable than Cape Coral overall. At $1,815/mo, it's $97 below the Cape Coral citywide median of $1,912/mo.

When was rent data for ZIP 33991 last updated?

Rent data for ZIP 33991 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,815/mo, rent takes ~26% of ZIP 33991's median household income ($84,470/yr). The standard benchmark is 30%.

ZIP 33991 26%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33991 (Cape Coral, FL)

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