ZIP Code · FL

ZIP 33903

Pop. 23,655·Lee County·592nd most expensive ZIP in Florida
Median rent (all units)
$1,556/mo
Year-over-Year
-2.8%
Month-over-Month
+0.6%
vs US Median
-$376
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33903 · $1,556
More affordable than 69% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,340
2 BR
$1,660
3 BR
$2,180
4 BR+
$2,430
Research median
$1,660/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Florida

Rent in ZIP 33903 changed -2.8% over the year to September 2026. Across the 623 Florida ZIP codes 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 ($56,993) is $1,425 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,340); a 2-bedroom is $1,660.

From Zillow's monthly rent index (ZORI) for ZIP 33903. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,672/yr
At $1,556/mo median
Location
StateFL
CountyLee County
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 (-2.8% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 33903 (North Fort Myers, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 24.7% of residents hold a bachelor's degree or higher.

Population
23,655
Median income
$56,993
Median age
63.1
Renters
17.6%
Age distribution
16.5%
17.8%
44%
Under 1810.4%
18–3411.3%
35–5416.5%
55–6417.8%
65+44%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
81%
14.4%
White81%
Black2.2%
Hispanic14.4%
Asian1%
Other1.5%
Education (25+)
30.4%
33.2%
24.7%
No HS diploma11.7%
HS diploma30.4%
Some college33.2%
Bachelor's+24.7%
Housing tenure
82.4%
17.6%
Owner82.4%
Renter17.6%

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

2021 vs 2026

How ZIP 33903 in North Fort Myers, FL has changed in 5 years

Income
$51,758 → $56,993
up 10.1%
Population
21,509 → 23,655
up 10.0%
Renter share
19.8% → 17.6%
-2.2 pts
Bachelor's+
21.8% → 24.7%
+2.9 pts
Median age
62.1 → 63.1
+1.0 yrs

Census figures show median household income at $56,993 today, compared with $51,758 five years earlier. The population has grown by 10.0% since 2021, moving from about 21,509 residents to roughly 23,655. Renters now make up 17.6% of households, compared with 19.8% five years ago. College-educated residents now make up 24.7% of adults here, versus 21.8% in 2021.

Community

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Local insights

Tips for renters in ZIP 33903

About renting in ZIP 33903

Last updated: October 17, 2026

ZIP code 33903 covers North Fort Myers, FL. The median rent here is $1,556/mo as of October 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,660/mo.

At 33% of local median household income ($56,993/yr), ZIP 33903 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33903?

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 $1,556/mo in ZIP 33903. The local median household income is $56,993/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33903?

Rent in ZIP 33903 has fallen 2.8% over the past year.

How does ZIP 33903 compare to other ZIPs in Florida?

ZIP 33903 is one of the more affordable among Florida ZIP codes for rent, ranking #592 of 656 at $1,556/mo. Over the year to September 2026, rent in ZIP 33903 changed -2.8%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33903 compare to the rest of North Fort Myers?

At $1,556/mo, ZIP 33903 is $6 above the North Fort Myers citywide median of $1,550/mo.
Income Affordability
33%
MODERATE

At $1,556/mo, rent takes ~33% of ZIP 33903's median household income ($56,993/yr). The standard benchmark is 30%.

ZIP 33903 33%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33903 (North Fort Myers, FL)

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