City Report · FL

North Fort Myers

Pop. 44,993·280th most expensive in Florida·North Fort Myers rents have dropped 13.7%, currently a renter's market
Median rent (all units)
$1,577/mo
Year-over-Year
-13.7%
Month-over-Month
-0.8%
vs US Median
-$385
Falling (Monthly)
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Most AffordableMost Expensive
North Fort Myers · $1,577
More affordable than 71% of US cities · National median $1,962/mo
Rent Reality Score
81/100
Great value
OverheatedFairGreat value

Rents are 16% below what North Fort Myers's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,577/mo
Expected by trend
$1,868/mo
The Rent Reality Score compares today's median rent to where North Fort Myers's own long-run trajectory projects it should be. See the full rankings →
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 $1,577 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: August 17, 2026

Annual cost
$18,924/yr
At $1,577/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 13.7% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-13.7% YoY, -0.8% MoM), not inventory.
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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
$1,731 → $1,577
down 8.9%
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 $1,731 a month. That figure now sits near $1,577, down 8.9% 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 $1,577/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: August 17, 2026

The median rent in North Fort Myers is $1,577/mo as of August 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 34% of local median household income ($56,261/yr), North Fort Myers ranks as moderate compared to the national benchmark of 30%. Rents have decreased 13.7% over the past year.

FAQ

Frequently asked questions

Is North Fort Myers an affordable city for renters?

North Fort Myers is considered moderate for renters. At $1,577/mo, rent takes approximately 34% of the local median household income ($56,261/yr). The standard benchmark is 30%. North Fort Myers slightly exceeds that threshold, so budgeting carefully matters here.

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 $63,000/year (~$30/hour full-time) to afford the median rent of $1,577/mo in North Fort Myers. The local median household income is $56,261/yr, meaning the typical North Fort Myers household falls short of that threshold.

Is rent going up or down in North Fort Myers?

Rent in North Fort Myers has decreased 13.7% over the past year as of August 2026, offering some relief compared to 12 months ago.

Which North Fort Myers neighborhoods have the lowest rent?

The most affordable ZIP codes in North Fort Myers are 33903 ($1,630/mo), and 33917 ($1,668/mo). Citywide, the median rent in North Fort Myers is $1,577/mo.

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

North Fort Myers is one of the more affordable cities in Florida for rent, ranking #280 out of 291 tracked cities at $1,577/mo.

What percentage of North Fort Myers residents rent vs. own?

According to Census data, approximately 14.3% of North Fort Myers households are renters, while 85.7% are owner-occupied. North Fort Myers leans toward homeownership, which can mean a smaller rental inventory.

How does North Fort Myers rent compare to the national average?

North Fort Myers's median rent of $1,577/mo is $385 (20%) below the US national median of $1,962/mo. Within Florida, it ranks #280 out of 291 tracked cities.
Income Affordability
34%
MODERATE

At $1,577/mo, rent takes ~34% of North Fort Myers's median household income ($56,261/yr). The standard benchmark is 30%.

North Fort Myers 34%Benchmark 30%
State income taxNone
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Lowest-rent ZIP codes in North Fort Myers
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Neighborhoods

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Public schools near North Fort Myers, FL

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