Cape Coral-Fort Myers vs Evansville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 69% cheaper for renters. A 2-bedroom rents for $694/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $5,724/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Evansville | Difference |
|---|---|---|---|
| Studio | $802 | $442 | $360 |
| 1 Bedroom | $985 | $564 | $421 |
| 2 Bedrooms | $1,171 | $694 | $477 |
| 3 Bedrooms | $1,479 | $844 | $635 |
| 4 Bedrooms | $1,690 | $981 | $709 |
| Median Income | $72,521 | $35,376 | $37,145 |
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
Evansville
- Studio
- $442/mo
- 1 BR
- $564/mo
- 2 BR
- $694/mo
- 3 BR
- $844/mo
- 4 BR
- $981/mo
- Median Income
- $35,376/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Evansville cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $477/mo or $5,724/year more expensive in Cape Coral-Fort Myers (69% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Evansville?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Evansville, a 2-bedroom FMR is $694/month.
How do incomes compare between Cape Coral-Fort Myers and Evansville?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Evansville it is $35,376/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Evansville?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Evansville it is $442/mo.