Cape Coral-Fort Myers vs Cleveland-Elyria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cleveland-Elyria is 39% cheaper for renters. A 2-bedroom rents for $844/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $3,924/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Cleveland-Elyria | Difference |
|---|---|---|---|
| Studio | $802 | $566 | $236 |
| 1 Bedroom | $985 | $677 | $308 |
| 2 Bedrooms | $1,171 | $844 | $327 |
| 3 Bedrooms | $1,479 | $1,081 | $398 |
| 4 Bedrooms | $1,690 | $1,197 | $493 |
| Median Income | $72,521 | $59,020 | $13,501 |
Cape Coral-Fort Myers
- Studio
- $802/mo
- 1 BR
- $985/mo
- 2 BR
- $1,171/mo
- 3 BR
- $1,479/mo
- 4 BR
- $1,690/mo
- Median Income
- $72,521/yr
Cleveland-Elyria
- Studio
- $566/mo
- 1 BR
- $677/mo
- 2 BR
- $844/mo
- 3 BR
- $1,081/mo
- 4 BR
- $1,197/mo
- Median Income
- $59,020/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Cleveland-Elyria cheaper to rent in?
Cleveland-Elyria is cheaper — a 2-bedroom Fair Market Rent is $844/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $327/mo or $3,924/year more expensive in Cape Coral-Fort Myers (39% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Cleveland-Elyria?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Cleveland-Elyria, a 2-bedroom FMR is $844/month.
How do incomes compare between Cape Coral-Fort Myers and Cleveland-Elyria?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Cleveland-Elyria it is $59,020/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Cleveland-Elyria?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Cleveland-Elyria it is $566/mo.