Cape Coral boasts over 400 miles of navigable waterways, earning its nickname as the Waterfront Wonderland. This Gulf Coast city, located just minutes from Fort Myers, combines waterfront living with urban amenities across its 120 square miles. The rental market in Cape Coral features a variety of single-family homes and townhouses, with average rental rates for three-bedroom properties around $2,299 per month.

Southwest Cape Coral's established neighborhoods like Pelican and Surfside offer rental houses with direct gulf access, while the southeastern district near Cape Coral Parkway provides rental properties near Four Freedoms Park and the Yacht Club Community Park. The northern corridor along Pine Island Road features newer residential developments near essential services, including the Lee County VA Healthcare Center and Gulf Coast Medical Center. Residents can easily access Fort Myers via the Cape Coral Bridge and Midpoint Memorial Bridge, with Southwest Florida International Airport just 14 miles away. The city's growing economy, paired with recreational amenities like the Sun Splash Family Waterpark, Jaycee Park's fishing pier, and the Coral Oaks Golf Course, makes Cape Coral an appealing destination for those seeking rental houses in a waterfront setting.