How much is a home worth in ZIP code 33966?

The typical home in 33966 is worth $341,301, based on the Zillow Home Value Index.

Are home values rising in 33966?

Home values in 33966 are down 7.0% over the past year, and up 5.4% a year over five years.

What is the typical rent in 33966?

A typical home in 33966 rents for about $1,754 a month, a gross rental yield of 6.2%.

What is the property tax rate in 33966?

The effective property tax rate in 33966 is 0.9% — roughly $2,921 a year on a typical home.

ZIP code 33966 has a population of 12,513 and a median household income of $84,965.

HousingHandbookReference data

…

U.S. ZIP Code · FL33966

Lee County · Cape Coral-Fort Myers, FL

Typical home value

$341,301^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -7.0%
5-year / yr: +5.4%
10-year / yr: +4.1%

Relative price

vs U.S.: +20.1%
vs metro: ≈ metro median
vs state: -1.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 33966 is worth $341,301. Over the past year, values have fallen 7.0%. Homes here rent for a typical $1,754 a month — a 6.2% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,754^[2]
Gross yield: 6.2%^[2]
Cap rate: 3.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $2,921^[3]

#Climate risk

FEMA National Risk Index ratings for Lee County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Very High
Wildfire: Relatively Moderate
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very High
Tornado: Relatively Moderate
Earthquake: Very Low
Winter weather: No Rating

#Who lives here

Population: 12,513^[3]
Median household income: $84,965^[3]

#Migration

Household moves in and out of Lee County over a year, from IRS tax-return data.

Net migration: +2,109^[5]
Moved in: 27,809
Moved out: 25,700

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 2
Middle: 1
High: 0

PAUL LAURENCE DUNBAR MIDDLE SCHOOL
Middle · Grades 6–8 · LEE
995 students
LEE COUNTY VIRTUAL FRANCHISE
Other · Grades PK–12 · LEE
737 students
RAY V. POTTORF ELEMENTARY SCHOOL
Elementary · Grades PK–5 · LEE
652 students
COUNTY WIDE EXCEPTIONAL CHILD PROGRAMS
Other · Grades PK–12 · LEE
81 students
LEE COUNTY VIRTUAL INSTRUCTION PROGRAM (DISTRICT PROVIDED)
Elementary · Grades K–5 · LEE
0 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.2%

Net yield (after ~40% expenses)3.7%

Annual rent$21,051

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,726

Loan principal$273,040

Down payment$68,260

Total interest paid$348,248

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.29

Monthly cost to own$2,255

Monthly rent$1,754

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 72nd percentile^[1]
Rental yield: 16th percentile^[2]
Property tax: 81st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 33966?: The typical home in 33966 is worth $341,301, based on the Zillow Home Value Index.
Are home values rising in 33966?: Home values in 33966 are down 7.0% over the past year, and up 5.4% a year over five years.
What is the typical rent in 33966?: A typical home in 33966 rents for about $1,754 a month, a gross rental yield of 6.2%.
What is the property tax rate in 33966?: The effective property tax rate in 33966 is 0.9% — roughly $2,921 a year on a typical home.
Who lives in 33966?: ZIP code 33966 has a population of 12,513 and a median household income of $84,965.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

33904 vs 33966 →
Cape Coral, FL
Typical home
$342,030
Gross yield
6.4%
33993 vs 33966 →
Cape Coral, FL
Typical home
$330,214
Gross yield
8.0%
33908
Iona CDP, FL
Typical home
$326,270
Gross yield
6.6%
33990
Cape Coral, FL
Typical home
$325,571
Gross yield
6.4%
33967
San Carlos Park CDP, FL
Typical home
$358,955
Gross yield
7.2%
33991
Cape Coral, FL
Typical home
$361,732
Gross yield
6.0%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 33966 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL33966

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