FairRentWize

Cape Coral-Fort Myers vs Lake Charles

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 59% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $5,232/year.

Rent by Unit Size

Unit SizeCape Coral-Fort MyersLake CharlesDifference
Studio$802$490$312
1 Bedroom$985$592$393
2 Bedrooms$1,171$735$436
3 Bedrooms$1,479$930$549
4 Bedrooms$1,690$984$706
Median Income$72,521$45,479$27,042

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
Full Cape Coral-Fort Myers profile →

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

Frequently Asked Questions

Is Cape Coral-Fort Myers or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $436/mo or $5,232/year more expensive in Cape Coral-Fort Myers (59% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Cape Coral-Fort Myers and Lake Charles?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Lake Charles it is $45,479/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Lake Charles?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Lake Charles it is $490/mo.