Fort Myers, Cape Coral Rents Down Amid Affordability Shift

Apartment listing prices in the Fort Myers metro area saw a 9% decrease from last year's median.

Published on Feb. 11, 2026

Renters in the Fort Myers, Florida metro area saw apartment listing prices decrease 9% from last year's median of $2,177, according to an analysis of new data from rental marketplace Zumper. The typical apartment listed for rent at $1,980 in December 2025, down from $2,177 the previous year. One-bedroom and two-bedroom rental prices also saw significant declines of 14% and 10% respectively compared to 2024 levels.

Why it matters

The rental price decreases in Fort Myers and Cape Coral indicate a shift towards more affordable housing options in the region, which has seen rapid population growth and rising costs of living in recent years. This could provide relief for residents struggling with high rents and make the area more accessible for new residents.

The details

The data covers all bedroom sizes, from studios to four-bedrooms, within the Fort Myers metro area. It reflects the median rent for all active rental listings during the month, excluding new construction and occupied/unavailable units. When subsidized listings are removed, the overall median rent for Fort Myers drops to $1,975. One-bedroom apartments listed at a median of $1,300, down 14% from $1,507 last year, while two-bedroom units listed at $1,749, a 10% decrease from $1,950.

  • The rental data is from December 2025, compared to December 2024.

The players

Zumper

A rental marketplace that aggregates over one million active rental listings to calculate median asking rents.

Got photos? Submit your photos here. ›

The takeaway

The rental price declines in Fort Myers and Cape Coral suggest the market is becoming more affordable for residents, providing relief in a region that has experienced rapid growth and rising costs of living in recent years. This could make the area more accessible for new residents looking to move to the region.