Melbourne vs Cape Coral: Housing
| Melbourne | Cape Coral | |
|---|---|---|
| Median Home Value | $306,400 | $373,500 |
| Median Gross Rent | $1,525/mo | $1,858/mo |
| Homeownership Rate | 59.7% | 77.2% |
| Rent as Share of Income | 27.3% | 28.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.