Cape Coral-Fort Myers vs Erie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Erie is 75% cheaper for renters. A 2-bedroom rents for $668/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $6,036/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Erie | Difference |
|---|---|---|---|
| Studio | $802 | $457 | $345 |
| 1 Bedroom | $985 | $553 | $432 |
| 2 Bedrooms | $1,171 | $668 | $503 |
| 3 Bedrooms | $1,479 | $861 | $618 |
| 4 Bedrooms | $1,690 | $985 | $705 |
| Median Income | $72,521 | $45,773 | $26,748 |
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
Erie
- Studio
- $457/mo
- 1 BR
- $553/mo
- 2 BR
- $668/mo
- 3 BR
- $861/mo
- 4 BR
- $985/mo
- Median Income
- $45,773/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Erie cheaper to rent in?
Erie is cheaper — a 2-bedroom Fair Market Rent is $668/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $503/mo or $6,036/year more expensive in Cape Coral-Fort Myers (75% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Erie?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Erie, a 2-bedroom FMR is $668/month.
How do incomes compare between Cape Coral-Fort Myers and Erie?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Erie it is $45,773/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Erie?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Erie it is $457/mo.