Cape Coral, Florida
When it comes to low-cost waterfront places to retire to, Cape Coral is one of the best choices. This city boasts various waterfront options, whether your goal is to simply enjoy the views from the waterfront without actually getting your toes in the water or to enjoy boat rides and bass fishing as a hands-on boater.
Cape Coral, which is located in western Florida, is home to over 400 lakes and canals with depths of 80′, 100′,150′, and 200′. These lakes and canals can be freshwater or saltwater. The Caloosahatchee River, which empties into the Gulf of Mexico, is also nearby.
For retirees, the median monthly rent for a home with a mortgage is $1,406, while for those 60 and older, the median monthly rent is $1,096. Furthermore, you should know there is no income tax in Florida.
