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Cape Coral vs Orlando for Rental Property Investing

Side-by-side comparison of Cape Coral, FL and Orlando, FL — cap rates, rent, prices, and investment metrics.

Cape Coral wins 5–2 across key metrics
Cape Coral leads on cash flow (3.75% vs 3.63% cap rate)
Metric
Cape Coral, FL
Orlando, FL
Est. Cap Rate
3.75%
3.63%
Median Home Price
$340,000
$360,000
Median Monthly Rent
$1,620
$1,680
1% Rule
0.48%
0.47%
GRM
17.5x
17.9x
Price / Income
5.8x
6.5x
Property Tax Rate
0.87%
0.89%
Vacancy Rate
5.2%
5%
Population Growth
3.2% / yr
2% / yr
Annual Appreciation
3.8%
4%
Population
216,961
322,587
Median Income
$58,400
$55,100

Cape Coral vs Orlando: Which Is Better for Investors?

Cash flow: Cape Coral has the edge with an estimated cap rate of 3.75% compared to Orlando's 3.63%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $340,000 in Cape Coral vs $360,000 in Orlando, while rents come in at $1,620/mo and $1,680/mo respectively.

Growth & appreciation: Cape Coral is growing faster at 3.2% annually vs Orlando's 2%. Orlando leads on home value appreciation at 4% per year. Strong population growth typically translates to sustained rental demand and long-term price support.

Costs & risk: Property taxes are 0.87% in Cape Coral vs 0.89% in Orlando. Vacancy rates of 5.2% and 5% are both healthy, suggesting strong tenant demand in both markets.

Bottom line: Cape Coral edges out Orlando on most key metrics. While cap rates are moderate at 3.75%, Cape Coral's overall profile is stronger. Use our free calculators to model specific deals in Cape Coral or Orlando.

Cape Coral, FL
3.75% cap rate · $340,000 median · $1,620/mo
Full analysis →
Orlando, FL
3.63% cap rate · $360,000 median · $1,680/mo
Full analysis →
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