Safe Rate Local
Learn about the people, housing, costs and businesses in Cape Coral, Florida
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Cape Coral.
True all-in cost — P&I, taxes, insurance & utilities for homes in Cape Coral.
Find and compare lenders active near Cape Coral.
FEMA flood zones and flood insurance estimates for Cape Coral.
Seismic risk and earthquake insurance estimates for Cape Coral.
Wildfire exposure and insurance estimates for Cape Coral.
As of today, the 30-year fixed mortgage rate for Cape Coral is approximately 6.857% (6.898% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Cape CoralThe median home value in Cape Coral is $399k. The median monthly rent is $1,931. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Cape Coral have decreased 0.5% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,613/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cape Coral is $79k/year.
Calculate your buying powerThe largest employment sectors in Cape Coral are public administration (20%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.