33909
Cape Coral, Florida.
Cape Coral, Lee County, FL · Cape Coral-Fort Myers, FL metro · population 40,231
to buy the typical home at today's mortgage rate — +$788 (+106%) since Jan 2020.
- 1 year
- Down $11,479 -4%
- $303,622$292,143 since Sep 2025
- 5 years
- Up $19,900 +7%
- $272,243$292,143 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 33909$1,533
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 49 years.
Typical home values in zip 33909 fell 3.8% over the past year — slower than the nation's +1.2%.
Asking rents in zip 33909 fell 1.3% over the past year — slower than the nation's +2.7%.
Owning the typical home in zip 33909 runs $224/mo more than renting one. The gap peaked at $502 in Oct 2023.
That is $2,038 a month against $1,814 rent: a $1,533 mortgage payment, plus $192 property tax and $313 insurance & upkeep.
Owning vs renting — zip 33909
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,038
- Renting$1,814
- Mortgage only$1,533
Property tax · $192/mo 0.79% of value a year — the ACS 2020-2024 median bill over the median home value for Lee County, FL
Insurance & upkeep · $313/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Zillow also publishes an index for the city itself: Cape Coral, FL — measured over the city limits, which is a different area from this zip.
Asking rent — 33909
Against the Cape Coral-Fort Myers, FL metro and the national benchmark.
- 33909$1,814
- Cape Coral$1,827
- United States$1,932
Typical home value — 33909
Mid-tier homes, smoothed and seasonally adjusted.
- 33909$292,143
- Cape Coral$334,479
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 4.4 | 33903 | North Fort Myers | 23,655 | $1,556 | $224,059 |
| 6.0 | 33993 | Cape Coral | 35,580 | $2,054 | $325,023 |
| 6.4 | 33990 | Cape Coral | 34,713 | $1,860 | $320,960 |
| 6.8 | 33991 | Cape Coral | 27,725 | $1,864 | $357,634 |
| 7.3 | 33955 | Punta Gorda | 12,399 | $2,086 | $326,066 |
| 7.6 | 33917 | North Fort Myers | 33,380 | $1,802 | $289,347 |
| 8.4 | 33901 | Fort Myers | 24,481 | $1,463 | $256,001 |
| 9.4 | 33916 | Fort Myers | 27,943 | $1,556 | $210,123 |
| 10.0 | 33904 | Cape Coral | 33,599 | $1,976 | $336,011 |
| 10.9 | 33914 | Cape Coral | 45,540 | $1,969 | $420,552 |
| 11.9 | 33919 | Fort Myers | 30,412 | $1,713 | $243,376 |
| 12.2 | 33907 | Fort Myers | 25,033 | $1,406 | $198,448 |
| 12.6 | 33966 | Fort Myers | 12,513 | $1,750 | $333,344 |
| 12.6 | 33922 | Bokeelia | 4,226 | — | $356,616 |
| 13.0 | 33905 | Fort Myers | 41,381 | $1,744 | $279,385 |
| 14.0 | 33950 | Punta Gorda | 24,955 | $1,996 | $369,159 |
| 14.5 | 33956 | Saint James City | 3,405 | — | $426,662 |
| 15.6 | 33912 | Fort Myers | 19,533 | $1,917 | $375,507 |
| 16.3 | 33908 | Fort Myers | 37,423 | $1,790 | $319,110 |
| 16.6 | 33973 | Lehigh Acres | 14,392 | $1,623 | $279,997 |
| 17.3 | 33971 | Lehigh Acres | 30,790 | $1,984 | $283,484 |
| 18.3 | 33921 | Boca Grande | 391 | — | $2,250,782 |
| 18.6 | 33981 | Port Charlotte | 15,622 | $1,888 | $344,727 |
| 18.6 | 33982 | Punta Gorda | 13,006 | $2,275 | $359,200 |
| 18.8 | 33980 | Punta Gorda | 13,120 | $1,733 | $252,042 |
| 18.8 | 33924 | Captiva | 109 | — | $1,057,842 |
| 19.2 | 33920 | Alva | 9,062 | $2,700 | $380,812 |
| 19.4 | 33976 | Lehigh Acres | 20,277 | $1,996 | $281,755 |
| 19.5 | 33967 | Fort Myers | 28,341 | $2,063 | $350,847 |
| 19.6 | 33931 | Fort Myers Beach | 8,350 | $2,700 | $483,479 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.