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37 Cheap Apartments for rent in Fort Myers, FL

Last updated October 15 at 6:18pm UTC
Windrush
13971 Windrush Court
Fort Myers, FL
Updated October 15 at 6:18pm UTC
Studio
Ask
1 Bedroom
$770
2 Bedrooms
Ask
3175 Royalston AVE
Edgewood
Fort Myers, FL
Updated October 15 at 5:17pm UTC
1 Bedroom
$825
5327 Summerlin RD
Suntree
Fort Myers, FL
Updated October 15 at 5:16pm UTC
1 Bedroom
$800
2266 Altamont Ave
Altamont Manor
Fort Myers, FL
Updated October 15 at 1:49am UTC
1 Bedroom
$750
13401 1st ST
Fort Myers
Fort Myers, FL
Updated October 13 at 5:20am UTC
1 Bedroom
$795
3407 Winkler Ave
Fort Myers
Fort Myers, FL
Updated October 11 at 2:04am UTC
1 Bedroom
$850
11412 Kimble Dr
Fort Myers
Fort Myers, FL
Updated October 9 at 6:12pm UTC
2 Bedrooms
$700
2944 Jackson St
Villa Capri
Fort Myers, FL
Updated October 9 at 6:10pm UTC
2 Bedrooms
$825
2767 Jackson St
Love Joy Park
Fort Myers, FL
Updated October 9 at 6:10pm UTC
2 Bedrooms
$825
5430 Eleventh Ave
Fort Myers
Fort Myers, FL
Updated October 9 at 6:03pm UTC
2 Bedrooms
$800
2835 Winkler Ave. #216
Metro Park
Fort Myers, FL
Updated October 6 at 10:25am UTC
1 Bedroom
$775
824 Alderman ST
Fort Myers
Fort Myers, FL
Updated October 5 at 3:05am UTC
2 Bedrooms
$750
2905 Nelson ST
Sunset Park
Fort Myers, FL
Updated October 3 at 10:43pm UTC
2 Bedrooms
$800
6760 Winkler Rd
Fort Myers
Fort Myers, FL
Updated October 1 at 2:14am UTC
2 Bedrooms
$775
5309 Summerlin RD
Suntree
Fort Myers, FL
Updated September 29 at 12:24am UTC
1 Bedroom
$800
5647 Seventh Ave
Fort Myers
Fort Myers, FL
Updated September 28 at 6:35pm UTC
1 Bedroom
$700
2919 Jackson St
Fort Myers
Fort Myers, FL
Updated September 24 at 1:35am UTC
1 Bedroom
$700
2950 Royal Palm Ave
Fort Myers
Fort Myers, FL
Updated September 22 at 6:32pm UTC
2 Bedrooms
$800
2919 Jackson St
Fort Myers
Fort Myers, FL
Updated September 21 at 5:29pm UTC
2 Bedrooms
$850
5315 Summerlin Rd 07
Suntree
Fort Myers, FL
Updated September 15 at 12:59pm UTC
1 Bedroom
$850
3675 Broadway
Winkler Safe Neighborhood
Fort Myers, FL
Updated October 12 at 2:39am UTC
2 Bedrooms
$825
8140 Country RD
Fort Myers
Fort Myers, FL
Updated September 20 at 1:03am UTC
1 Bedroom
$775
3713 Washington Ave #1
Fort Myers
Fort Myers, FL
Updated October 10 at 9:42am UTC
1 Bedroom
$800
363 New York drive
Tice
Fort Myers, FL
Updated October 1 at 1:57pm UTC
1 Bedroom
$765

October 2018 Fort Myers Rent Report

Welcome to the October 2018 Fort Myers Rent Report. Fort Myers rents declined over the past month. In this report, we'll evaluate trends in the Fort Myers rental market, including comparisons to cities throughout the state and nation.

View full Fort Myers Rent Report
Rent Report
Fort Myers

October 2018 Fort Myers Rent Report

Welcome to the October 2018 Fort Myers Rent Report. Fort Myers rents declined over the past month. 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 decline sharply over the past month

Fort Myers rents have declined 1.3% over the past month, and have decreased moderately by 1.6% in comparison to the same time last year. Currently, median rents in Fort Myers stand at $840 for a one-bedroom apartment and $1,050 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in June. Fort Myers' year-over-year rent growth lags the state average of 1.4%, as well as the national average of 0.9%.

Rents rising across cities in Florida

While rent decreases have been occurring in the city of Fort Myers over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 9 of the largest 10 cities in Florida for which we have data. The state as a whole logged rent growth of 1.4% 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 $2,400; of the 10 largest cities in the state that we have data for, Fort Lauderdale, where a two-bedroom goes for $1,440, is the only other major city besides Fort Myers to see rents fall year-over-year (-0.5%).
  • Orlando, Tampa, and Hialeah have all experienced year-over-year growth above the state average (4.6%, 3.0%, and 2.2%, respectively).

Fort Myers rents more affordable than many large cities nationwide

As rents have fallen moderately in Fort Myers, many large cities nationwide have seen prices increase, in some cases substantially. Fort Myers is also more affordable than most large cities across the country.

  • Fort Myers' median two-bedroom rent of $1,050 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 1.6% decline in Fort Myers.
  • While rents in Fort Myers fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+2.6%), Atlanta (+1.4%), and San Francisco (+1.1%).
  • Renters will find more reasonable prices in Fort Myers than most large cities. For example, San Francisco has a median 2BR rent of $3,110, which is nearly three 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.