# The Palms at Cape Coral cuts one apartment’s listed rent by $497 a month

> The listed monthly rent changed from $1,996 to $1,499 in Cape Coral, FL. The change is 24.9%.

Canonical: https://average-rent.com/insights/rent-watch/cape-coral-fl-5422-9ea0e96b35a2/
Last updated: 2026-11-04

Verified local price report

The listed monthly rent changed from $1,996 to $1,499 in Cape Coral, FL. The change is 24.9%.

By Average Rent · Published Nov 4, 2026, 10:14 AM UTC · Updated Nov 4, 2026, 10:14 AM UTC

Original observed change

↓ $497/mo

Percentage change

24.9%

We confirmed 3 price changes at this building. The table records each original comparison and its observation dates.

These are listed asking prices. Availability and lease terms can change. Check the current listing before you apply.

Unit 1215: observed monthly asking rent

Scroll the chart to see each observation.

Asking rent changed from $1,996 to $1,499.

Steps connect recorded observations. Prices between checks are not independently confirmed.

## Original evidence

Original before and after observations for each apartment| Apartment | Before | After | Change |
| --- | --- | --- | --- |
| [Unit 1215](https://average-rent.com/rent-watch/unit/5422/?unit=u_00000000000000000000000000108d4d)14-month term | $1,996Nov 2, 2026, 2:39 PM UTC | $1,499Nov 3, 2026, 9:57 AM UTC | Cut: $49724.9% |
| [Unit 5209](https://average-rent.com/rent-watch/unit/5422/?unit=u_00000000000000000000000000108d4f)14-month term | $1,320Nov 2, 2026, 2:39 PM UTC | $1,220Nov 3, 2026, 9:57 AM UTC | Cut: $1007.6% |
| [Unit 5302](https://average-rent.com/rent-watch/unit/5422/?unit=u_00000000000000000000000000007434)14-month term | $1,850Nov 2, 2026, 2:39 PM UTC | $1,799Nov 3, 2026, 9:57 AM UTC | Cut: $512.8% |

## Current status

- Unit 1215: Listed; comparison not confirmed · $1,499/mo

Last observation: Nov 4, 2026, 9:52 AM UTC

- Unit 5209: Listed; comparison not confirmed · $1,220/mo

Last observation: Nov 4, 2026, 9:52 AM UTC

- Unit 5302: Listed; comparison not confirmed · $1,799/mo

Last observation: Nov 4, 2026, 9:52 AM UTC

[View The Palms at Cape Coral and its current listings](https://average-rent.com/city/cape-coral-fl/the-palms-at-cape-coral-cape-coral-fl/)

## Local context

This report describes one building in Cape Coral, FL. Its original comparison sample included 0 listings across 0 buildings. Limited recent comparisons prevent a broad city trend claim.

- [Civitas of Cape Coral: $1,185/mo](https://average-rent.com/city/cape-coral-fl/civitas-of-cape-coral-cape-coral-fl/)

- [Palms at Cape Coral: $1,399/mo](https://average-rent.com/city/cape-coral-fl/palms-at-cape-coral-cape-coral-fl/)

- [Springs at Cape Coral: $1,471/mo](https://average-rent.com/city/cape-coral-fl/springs-at-cape-coral-cape-coral-fl/)

[Compare prices in Cape Coral, FL](https://average-rent.com/city/cape-coral-fl/rent-watch/)

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Update history and method

We compare the same identified apartment, price basis, and lease term. Independent repeat checks confirm the prices. Large changes need an additional check. The original record remains available when a listing changes.

- Updated Nov 4, 2026, 10:14 AM UTC