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These days, finding an affordable place to live in the Fort Myers area can be challenging. Home prices in Fort Myers are now at a median cost of $391,635, lower than the Florida average of $396,783.
The average cost of rent is $1,840/mo in Fort Myers, primarily driven by the current value of real estate in the Fort Myers area. In Fort Myers, 25.67% of households rent, and 44.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fort Myers is $7,021 per month. Households that rent pay about 26.20% of their income on rent here. Fort Myers’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Villas, FL: less expensive homes
- Whiskey Creek, FL: equally priced homes
- McGregor, FL: higher priced homes
- Cypress Lake, FL: less expensive homes
- Gateway, FL: higher priced homes
- San Carlos Park, FL: less expensive homes
- Iona, FL: equally priced homes
- Cape Coral, FL: equally priced homes
- Fort Myers Beach, FL: higher priced homes
- Estero, FL: higher priced homes
Cities with Similar Populations
- Thousand Oaks, CA: higher priced homes
- Sylmar, CA: higher priced homes
- Suwanee, GA: higher priced homes
- The Woodlands, TX: higher priced homes
- Summerville, SC: less expensive homes
- Tallahassee, FL: less expensive homes
- Temple, TX: less expensive homes
- Temecula, CA: higher priced homes
- Terre Haute, IN: less expensive homes
- Sunrise Manor, NV: less expensive homes
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