28 Cheap Apartments for rent in Fort Myers, FL

Last updated September 24 at 7:48PM
3704 Broadway
Winkler Safe Neighborhood
Fort Myers, FL
Updated September 21 at 2:47PM
2 Bedrooms
$800
73 Cabana AVE
Hancock
Fort Myers, FL
Updated September 21 at 7:28PM
1 Bedroom
$550
4151 Pine Drop LN
Diplomat
Fort Myers, FL
Updated September 21 at 1:29PM
3 Bedrooms
$850
2366 E Mall DR
Winkler Safe Neighborhood
Fort Myers, FL
Updated September 22 at 2:40AM
1 Bedroom
$750
2875 Winkler Ave #517
Metro Park
Fort Myers, FL
Updated September 21 at 12:12PM
1 Bedroom
$750
1920 Suwanee AVE
Palm Lee Park
Fort Myers, FL
Updated September 23 at 3:19AM
2 Bedrooms
$825
1920 W Lakeview BLVD
Hancock
Fort Myers, FL
Updated August 16 at 3:37AM
1 Bedroom
$795
2590 First ST
Dean Park Historic District
Fort Myers, FL
Updated September 23 at 3:21AM
1 Bedroom
$695
5647 7th AVE
Fort Myers
Fort Myers, FL
Updated September 24 at 5:43PM
1 Bedroom
$700
1349 Bradford Rd, Unit A
Fort Myers
Fort Myers, FL
Updated September 24 at 9:18AM
1 Bedroom
$800
1963 Palm AVE
Fort Myers
Fort Myers, FL
Updated August 15 at 5:42AM
1 Bedroom
$525
4971 Viceroy ST
Caloosahatchee
Cape Coral, FL
Updated September 2 at 10:00AM
1 Bedroom
$750
1322 SE 46th Ln
Caloosahatchee
Cape Coral, FL
Updated September 24 at 9:42AM
Studio
$700
13311 1st ST
Fort Myers
Fort Myers, FL
Updated September 24 at 5:45PM
2 Bedrooms
$850
Results within 5 miles of Fort Myers, FL
3407 Winkler AVE
Fort Myers
Fort Myers, FL
Updated August 31 at 3:39AM
1 Bedroom
$850
5506 10th AVE
Fort Myers
Fort Myers, FL
Updated September 21 at 2:51AM
2 Bedrooms
$800
Results within 10 miles of Fort Myers, FL
Summerlin Rd
Suntree
Fort Myers, FL
Updated September 22 at 7:28AM
1 Bedroom
$825
Apache St
Alabama
Lehigh Acres, FL
Updated September 24 at 7:26AM
2 Bedrooms
$850
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Rent Report
Fort Myers

September 2017 Fort Myers Rent Report

Welcome to the September 2017 Fort Myers Rent Report. In this report, we'll evaluate trends in the Fort Myers rental market, including comparisons to cities throughout the state and nation.

Fort Myers rents increased marginally over the past month

Fort Myers rents have increased 0.2% over the past month, and are up significantly by 4.2% in comparison to the same time last year. Currently, median rents in Fort Myers stand at $860 for a one-bedroom apartment and $1,070 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Fort Myers' year-over-year rent growth leads the state average of 3.6%, as well as the national average of 3.0%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Fort Myers, but across the entire state. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,390; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.4%).
  • Orlando, Tampa, and St. Petersburg have all experienced year-over-year growth above the state average (6.4%, 5.6%, and 4.6%, respectively).

Fort Myers rents more affordable than many large cities nationwide

As rents have increased in Fort Myers, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Fort Myers is still more affordable than most large cities across the country.

  • Fort Myers' median two-bedroom rent of $1,070 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 4.2% rise in Fort Myers.
  • While Fort Myers' rents rose over the past year, the city of DC saw a decrease of 0.5%.
  • Renters will find more reasonable prices in Fort Myers than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than two-and-a-half times the price in Fort Myers.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.