5+ Days Ago
Highlights
- Dishwasher
- Air conditioner
- Refrigerator
- Washer
- Tile floors
- Heat
Location
1318 Se 40th Ter, Cape Coral, FL 33904, USA|Caloosahatchee
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Property Overview
1318 Southeast 40th Terrace offers strong value with an 8.4/10 Zumper Expert Rating, including top marks for price, plus solid scores for amenities, location, and trustworthiness. It features dishwasher, air conditioner, refrigerator, washer, tile floors, and heat, and stands out for walkable nearby areas, diverse age groups, and easy access to restaurants and cultural spots.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
- Images Available
Great for
Social life
Floor plans
| 1318 Southeast 40th Terrace - 2 | 2 bed | 2 bath | 1,100 sqft | $1,450 /mo | Great Location * 2/2 With Screened Lanai/Porch * POOL * Ground Floor * SMALL Pets With Approval & Deposit * Laundry In Unit * WATER INCLUDED IN RENT * A & J CONSULTING INC Ask For Lisa | ||
| 1318 Southeast 40th Terrace - 4 | 2 bed | 2 bath | 1,100 sqft | $1,450 /mo | Bedrooms 2 Bed Bathrooms 2 Bath Size 1100 Description Great Location * 2/2 With Screened Lanai/Porch * POOL * Ground Floor * SMALL Pets With Approval & Deposit * Laundry In Unit * WATER INCLUDED IN RENT * A & J CONSULTING INC Ask For Lisa Unit amenities Air conditioner, Dishwasher, Dryer, Heat, Laundry hookup, Microwave, Refrigerator, Stove and oven, Tile floors, Washer, Window coverings Unit images Edit |
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Policies and fees
Applicants
Application Fee
Per-applicant. Agent application fee.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About 1318 Southeast 40th Terrace
Great Location * 2/2 With Screened Lanai/Porch * POOL * Ground Floor * SMALL Pets With Approval & Deposit * Laundry In Unit * WATER INCLUDED IN RENT * A & J CONSULTING INC Ask For Lisa
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 1318 Southeast 40th Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1318 Southeast 40th Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1318 Southeast 40th Terrace offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1318 Southeast 40th Terrace is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1318 Southeast 40th Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1318 Southeast 40th Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
1318 Southeast 40th Terrace is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1318 Southeast 40th Terrace compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 100 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 1 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Caloosahatchee
If you decide to upgrade your space, you can expect 2-bedrooms at 1318 Southeast 40th Terrace to be 3% less than the average for similarly sized apartments in Caloosahatchee.
Median rents as of Jun 13 2026.
Caloosahatchee
Cape Coral
| Month | Median Rent |
|---|---|
| June 2024 | $1,150 |
| July 2024 | $1,143 |
| August 2024 | $1,218 |
| September 2024 | $1,266 |
| October 2024 | $1,237 |
| November 2024 | $1,448 |
| December 2024 | $1,811 |
| January 2025 | $1,850 |
| February 2025 | $1,850 |
| March 2025 | $1,385 |
| April 2025 | $1,337 |
| May 2025 | $1,155 |
| June 2025 | $1,150 |
| July 2025 | $1,369 |
| August 2025 | $1,282 |
| September 2025 | $1,145 |
| October 2025 | $1,300 |
| November 2025 | $1,341 |
| December 2025 | $1,351 |
| January 2026 | $1,574 |
| February 2026 | $1,408 |
| March 2026 | $1,193 |
| April 2026 | $1,476 |
| May 2026 | $1,504 |
| June 2026 | $1,150 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,100 |
| July 2024 | $1,100 |
| August 2024 | $1,100 |
| March 2025 | $1,150 |
| April 2025 | $1,150 |
| May 2025 | $1,400 |
| July 2025 | $1,150 |
| August 2025 | $1,189 |
| September 2025 | $1,025 |
| October 2025 | $1,364 |
| November 2025 | $1,600 |
| December 2025 | $1,600 |
| January 2026 | $1,600 |
| June 2026 | $1,350 |
Affordability calculator
Can I afford to live at 1318 Se 40th Ter?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 2-bedrooms median monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.
Schools near 1318 Southeast 40th Terrace
Cape Elementary School
4519 vincennes blvd
cape coral, FL, 33904
PK, K-5Public
A-
Pelican Elementary School
3525 sw 3rd ave
cape coral, FL, 33914
PK, K-5Public
B
Skyline Elementary School
620 sw 19th st
cape coral, FL, 33991
PK, K-5Public
B
Patriot Elementary School
711 sw 18th st
cape coral, FL, 33991
PK, K-5Public
B
Gulf Elementary School
3400 sw 17th pl
cape coral, FL, 33914
PK, K-5Public
B+
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Internet available near 1318 Southeast 40th Terrace
Neighborhood
Caloosahatchee | Cape Coral, FL
Getting around Cape Coral near 1318 Se 40th Ter
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1318 Se 40th Ter, Cape Coral
Groceries
6/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
4/10
Some cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
4/10
At least one elementary school within a 20-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
6/10
Variety of bars within a short drive
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