18 Cheap Apartments for rent in Fort Myers, FL

Last updated August 16 at 6:39am UTC
Windrush
13971 Windrush Court
Fort Myers, FL
Updated August 16 at 6:39am UTC
Studio
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1 Bedroom
$770
2 Bedrooms
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3175 Royalston AVE
Edgewood
Fort Myers, FL
Updated August 16 at 3:11am UTC
1 Bedroom
$825
1598 Cypress DR
Fort Myers
Fort Myers, FL
Updated August 16 at 3:11am UTC
2 Bedrooms
$850
8140 Country RD
Fort Myers
Fort Myers, FL
Updated August 15 at 6:42am UTC
1 Bedroom
$825
1935 Ricardo AVE
Fort Myers
Fort Myers, FL
Updated August 10 at 6:48pm UTC
2 Bedrooms
$795
233 Granada BLVD
Tice
Fort Myers, FL
Updated August 8 at 11:00pm UTC
2 Bedrooms
$695
5327 Summerlin RD
Suntree
Fort Myers, FL
Updated August 7 at 2:46am UTC
1 Bedroom
$850
2905 Nelson ST
Sunset Park
Fort Myers, FL
Updated July 29 at 6:46pm UTC
2 Bedrooms
$850
3937 Broadway
Winkler Safe Neighborhood
Fort Myers, FL
Updated July 26 at 7:04am UTC
2 Bedrooms
$850
2450 Katherine ST
Fort Myers
Fort Myers, FL
Updated July 23 at 10:29pm UTC
2 Bedrooms
$750
Heronwood Apartments
13809 Heronwood Lane
Cypress Lake, FL
Updated August 16 at 6:26am UTC
Studio
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1 Bedroom
$830
2 Bedrooms
$1,030
34 Tangerine CT
Alabama
Lehigh Acres, FL
Updated August 10 at 6:48pm UTC
2 Bedrooms
$850
5331 Summerlin RD
Suntree
Fort Myers, FL
Updated August 15 at 6:33pm UTC
2 Bedrooms
$850
Results within 5 miles of Fort Myers, FL
2950 Royal Palm Ave
Fort Myers
Fort Myers, FL
Updated August 15 at 5:25pm UTC
2 Bedrooms
$850
5436 Tenth Ave
Fort Myers
Fort Myers, FL
Updated August 14 at 5:26pm UTC
2 Bedrooms
$850
Results within 10 miles of Fort Myers, FL
2919 Jackson St
Fort Myers
Fort Myers, FL
Updated August 11 at 5:14pm UTC
1 Bedroom
$700
1303 SE 46th Ln
Caloosahatchee
Cape Coral, FL
Updated July 26 at 5:11pm UTC
1 Bedroom
$850

August 2018 Fort Myers Rent Report

Welcome to the August 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

August 2018 Fort Myers Rent Report

Welcome to the August 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 3.6% over the past month, but have increased slightly by 1.4% in comparison to the same time last year. Currently, median rents in Fort Myers stand at $870 for a one-bedroom apartment and $1,090 for a two-bedroom. Fort Myers' year-over-year rent growth lags the state average of 2.1%, but exceeds the national average of 1.2%.

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, all of them have seen prices rise. The state as a whole logged rent growth of 2.1% 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 $2,410; of the 10 largest Florida cities that we have data for, all have seen rents rise year-over-year, with Orlando experiencing the fastest growth (+5.9%).
  • Tampa, Port St. Lucie, and Hialeah have all experienced year-over-year growth above the state average (4.4%, 3.3%, and 3.2%, respectively).

Fort Myers rents more affordable than many large cities nationwide

As rents have increased slightly in Fort Myers, large cities nationwide have seen rents grow more quickly. Fort Myers is still more affordable than most large cities across the country.

  • Fort Myers' median two-bedroom rent of $1,090 is below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 1.4% increase in Fort Myers.
  • While Fort Myers' rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.4%).
  • Renters will find more reasonable prices in Fort Myers than most large cities. For example, San Francisco has a median 2BR rent of $3,090, 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.