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Fair Market Rent Prices in Cape Coral-Fort Myers, FL :
$700 $705 $893 $1,212 $1,247
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Cape Coral-Fort Myers are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cape Coral-Fort Myers is $893 per month.

The previous year, rent for a two-bedroom home was $915 per month. This is a 2.4% decrease year-over-year.

This FMR rate applies to Pineland, FL, Captiva, FL, Boca Grande, FL, Bokeelia, FL, Saint James City, FL, Bonita Springs, FL, Alva, FL, Sanibel, FL, Fort Myers Beach, FL, Estero, FL and other cities within the region. The Metro Code or CBSA code for this region is METRO15980M15980.

Additionally, This Fair Market Rent (FMR) area Cape Coral-Fort Myers, FL MSA spans one county or city in which is listed in the table below. Estimated population of Cape Coral-Fort Myers, FL MSA FMR area is 618,754 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Cape Coral-Fort Myers. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cape Coral-Fort Myers

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 747
1-BR 1-Bedroom $ 752
2-BR 2-Bedroom $ 953
3-BR 3-Bedroom $ 1293
4-BR 4-Bedroom $ 1331
Change Year:

There is just one county (listed below) within the Cape Coral-Fort Myers, FL MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Ft. Myers - Naples.

County / Region Est. Population
Lee County, FL Metro 618,754
Zip Codes in Cape Coral-Fort Myers, FL MSA

There are 44 unique zip codes in this Fair Market Rent (FMR) area:

33901, 33902, 33903, 33904, 33905, 33906, 33907, 33908, 33909, 33910, 33911, 33912, 33913, 33914, 33915, 33916, 33918, 33919, 33920, 33921, 33922, 33924, 33928, 33929, 33931, 33932, 33945, 33956, 33957, 33965, 33966, 33967, 33970, 33971, 33972, 33973, 33974, 33976, 33990, 33991, 33993, 33994, 34133 and 34136

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