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ZIP Code · FL

ZIP 33993

Pop. 35,580·Lee County·393rd most expensive ZIP in Florida
Median rent (all units)
$1,985/mo
Year-over-Year
-11.2%
Month-over-Month
-1.1%
vs US Median
+$23
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33993 · $1,985
More expensive than 59% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,537
1 BR
$1,552
2 BR
$1,853
3 BR
$2,419
4 BR+
$2,677
Research median
$1,853/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: August 17, 2026

Annual cost
$23,820/yr
At $1,985/mo median
Location
StateFL
CountyLee County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 11.2% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-11.2% YoY, -1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 33993 (Cape Coral, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 24.9% of residents hold a bachelor's degree or higher.

Population
35,580
Median income
$90,577
Median age
42.8
Renters
12.6%
Age distribution
21.7%
17.7%
25.6%
14%
21%
Under 1821.7%
18–3417.7%
35–5425.6%
55–6414%
65+21%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
61.1%
31.7%
White61.1%
Black7.7%
Hispanic31.7%
Asian1.7%
Education (25+)
36.8%
30.5%
24.9%
No HS diploma7.7%
HS diploma36.8%
Some college30.5%
Bachelor's+24.9%
Housing tenure
87.4%
12.6%
Owner87.4%
Renter12.6%

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

2021 vs 2026

How ZIP 33993 in Cape Coral, FL has changed in 5 years

Rent
$1,729 → $1,985
up 14.8%
Income
$74,807 → $90,577
up 21.1%
Population
29,502 → 35,580
up 20.6%
Renter share
15.9% → 12.6%
-3.3 pts
Bachelor's+
20.2% → 24.9%
+4.7 pts
Median age
41.9 → 42.8
+0.9 yrs

Rent in ZIP 33993 in Cape Coral, FL has increased 14.8% since 2021, going from about $1,729 per month to roughly $1,985 today. Census figures show median household income at $90,577 today, compared with $74,807 five years earlier. Income growth outran rent by about 6.3 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 29,502 to 35,580 between 2021 and 2024, a 20.6% change. About 12.6% of households rent today, against 15.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 20.2% to 24.9%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 33993

Last updated: August 17, 2026

ZIP code 33993 covers Cape Coral, FL. The median rent here is $1,985/mo as of August 2026. A 1-bedroom rents for a median of $1,552/mo. A 2-bedroom rents for a median of $1,853/mo.

At 26% of local median household income ($90,577/yr), ZIP 33993 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 11.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33993?

As of August 17, 2026, the median monthly rent in ZIP 33993 (Cape Coral, FL) is $1,985. This is based on aggregated data from public sources and community submissions.

How does ZIP 33993 rent compare to the US average?

ZIP 33993's median rent of $1,985/mo is $23 (1%) above the US national median of $1,962/mo.

How does ZIP 33993 compare to other ZIPs in Florida?

ZIP 33993 falls in the middle range for Florida, ranking #393 out of 661 ZIPs at $1,985/mo.

How much income do you need to rent in ZIP 33993?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,985/mo in ZIP 33993. The local median household income is $90,577/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 33993?

Rent in ZIP 33993 has decreased 11.2% over the past year as of August 17, 2026, offering some relief compared to 12 months ago.

Is ZIP 33993 an affordable place to rent?

ZIP 33993 is considered affordable for renters. At $1,985/mo, rent takes approximately 26% of the local median household income ($90,577/yr). The standard benchmark is 30%. ZIP 33993 falls comfortably within that range.

What percentage of ZIP 33993 residents rent vs. own?

According to Census data, approximately 12.6% of ZIP 33993 households are renters, while 87.4% are owner-occupied. ZIP 33993 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33993 compare to the rest of Cape Coral?

ZIP 33993 is pricier than Cape Coral as a whole. At $1,985/mo, it's $56 above the Cape Coral citywide median of $1,929/mo.

When was rent data for ZIP 33993 last updated?

Rent data for ZIP 33993 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,985/mo, rent takes ~26% of ZIP 33993's median household income ($90,577/yr). The standard benchmark is 30%.

ZIP 33993 26%Benchmark 30%
State income taxNone
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