Historic courthouse building in downtown Fort Myers

Living here

Cost of living in Fort Myers

Housing is close to the US average. Rents, home prices, taxes and how far a paycheck goes.

Median rent

$1,442/mo

7% above US

Median home value

$351,600

16% above US

Median household income

$62,160

21% below US

Rent as share of income

28%

US 21%

Home price to income

5.7×

US 3.9×

Sales tax

6.5%

Rent by number of bedrooms

Studio$1,555a month
1 bedroom$1,564a month
2 bedrooms$1,835a month
3 bedrooms$2,373a month
4 bedrooms$2,615a month

HUD 2027 fair market rents for Cape Coral-Fort Myers, FL MSA (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.

How Fort Myers compares

Median monthly rent
Median home value

Taxes

Life in Fort Myers

Edison Theatre corner, downtown Fort Myers...taken during Haunted History tour of downtown Fort Myers
Edison Theatre Corner, Downtown Fort MyersJMOOLY1978 · CC BY-SA 4.0
Dean Street Fort Myers
Dean Street Fort MyersFredlyfish4 · CC BY-SA 4.0
Caloosahatchee Bridge, Fort Myers
Caloosahatchee Bridge 2Sanibel sun · CC BY-SA 4.0

Questions

Is Fort Myers expensive to live in?

Housing in Fort Myers is close to the national average: median rent is $1,442 (7% above US) and the median home value is $351,600 (16% above US).

How much is rent in Fort Myers?

The median gross rent is $1,442 a month. HUD’s 2027 fair market rents for the area are studio $1,555, 1 bedroom $1,564, 2 bedrooms $1,835, 3 bedrooms $2,373, 4 bedrooms $2,615.

How much of their income do renters spend in Fort Myers?

At the median, a year’s rent ($17,304) equals about 28% of the median household income ($62,160); nationally it’s about 21%.

What are taxes like in Fort Myers?

Sales tax is 6.5% and property taxes run about 1.04% of home value a year.

Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; Florida Department of Revenue - Discretionary Sales Surtax Information for Calendar Year 2026 (DR-15DSS, R. 11/25).

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