City Report · FL

North Fort Myers

Pop. 44,993·276th most expensive in Florida·Rental market data updated monthly for North Fort Myers, FL
Median rent (all units)
$1,550/mo
Year-over-Year
-1.3%
Month-over-Month
+0.5%
vs US Median
-$382
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
North Fort Myers · $1,550
More affordable than 72% of US cities · National median $1,932/mo
Affordability
33% of income
MODERATE
0%30% benchmark60%+

At $1,550/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.

Income to afford
$62,000/yr
Local median income
$56,261/yr
Based on the 30%-of-income rule using North Fort Myers's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,200
2 BR
$1,510
3 BR
$1,980
4 BR+
$2,250
Fair Market Rent (HUD)
$1,510/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,550 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in North Fort Myers is 7.2% below its high of $1,671 in December 2023, at $1,550 as of September 2026.

Past year vs. the rest of Florida

Rent in North Fort Myers changed -1.3% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 3 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($56,261) is $1,407 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,200); a 2-bedroom is $1,510.

From Zillow's monthly rent index (ZORI) for North Fort Myers. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,600/yr
At $1,550/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-1.3% YoY, +0.5% MoM), not inventory.
Rent check

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Demographics

Who lives here

North Fort Myers, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 21.6% of residents hold a bachelor's degree or higher.

Population
44,993
Median income
$56,261
Median age
63.4
Renters
14.3%
Age distribution
14.6%
17.6%
45.8%
Under 1811.2%
18–3410.8%
35–5414.6%
55–6417.6%
65+45.8%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
84.1%
12.7%
White84.1%
Black1%
Hispanic12.7%
Asian1.2%
Other1%
Education (25+)
32.8%
34.4%
21.6%
No HS diploma11.1%
HS diploma32.8%
Some college34.4%
Bachelor's+21.6%
Housing tenure
85.7%
14.3%
Owner85.7%
Renter14.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How North Fort Myers, FL has changed in 5 years

Rent
$1,634 → $1,550
down 5.1%
Income
$50,177 → $56,261
up 12.1%
Population
41,551 → 44,993
up 8.3%
Renter share
16.4% → 14.3%
-2.1 pts
Bachelor's+
19.2% → 21.6%
+2.4 pts

Five years ago, renters in North Fort Myers, FL paid around $1,634 a month. That figure now sits near $1,550, down 5.1% from the 2023 baseline. Median household income climbed from $50,177 to $56,261 between 2021 and 2024, a 12.1% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show North Fort Myers, FL adding about 3,442 residents over the five-year window, up 8.3% on net. The renter share has eased from 16.4% to 14.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 19.2% to 21.6% across the same window. Taken together, the five-year picture in North Fort Myers, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View North Fort Myers rent history (2015–2026) →
Salary vs rent

Can you afford rent in North Fort Myers on your salary?

At $1,550/mo, how North Fort Myers rent compares to typical pay (30% rule).

By apartment size

North Fort Myers rent by bedroom count

Median rent for each apartment size in North Fort Myers. Click any size for full breakdown.

Local insights

Tips for renters in North Fort Myers

About renting in North Fort Myers, FL

Last updated: October 17, 2026

The median rent in North Fort Myers is $1,550/mo as of October 2026. A studio apartment averages $1,200/mo while a 2-bedroom runs $1,510/mo. One-bedroom apartments average $1,200/mo and 3-bedroom units go for $1,980/mo.

At 33% of local median household income ($56,261/yr), North Fort Myers ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in North Fort Myers?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,550/mo in North Fort Myers. The local median household income is $56,261/yr, so the typical household falls short of that bar.

Is rent going up or down in North Fort Myers?

Rent in North Fort Myers has fallen 1.3% over the past year as of September 2026. It sits 7.2% below its high of $1,671 in December 2023.

Which North Fort Myers neighborhoods have the lowest rent?

The most affordable ZIP codes in North Fort Myers are 33903 ($1,556/mo), and 33917 ($1,802/mo). Citywide, the median rent is $1,550/mo.

How does North Fort Myers rent compare to other cities in Florida?

North Fort Myers is one of the more affordable among Florida cities for rent, ranking #276 of 289 tracked cities at $1,550/mo. Over the year to September 2026, rent in North Fort Myers changed -1.3%, against a typical +1.8% across the 270 Florida cities Zillow tracks.
Income Affordability
33%
MODERATE

At $1,550/mo, rent takes ~33% of North Fort Myers's median household income ($56,261/yr). The standard benchmark is 30%.

North Fort Myers 33%Benchmark 30%
State income taxNone
Run the North Fort Myers affordability calculator →
Lowest-rent ZIP codes in North Fort Myers
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near North Fort Myers, FL

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