Cape Coral-Fort Myers vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 68% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $5,676/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Laredo | Difference |
|---|---|---|---|
| Studio | $802 | $463 | $339 |
| 1 Bedroom | $985 | $552 | $433 |
| 2 Bedrooms | $1,171 | $698 | $473 |
| 3 Bedrooms | $1,479 | $851 | $628 |
| 4 Bedrooms | $1,690 | $966 | $724 |
| Median Income | $72,521 | $40,343 | $32,178 |
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
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $473/mo or $5,676/year more expensive in Cape Coral-Fort Myers (68% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Cape Coral-Fort Myers and Laredo?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Laredo it is $40,343/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Laredo?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Laredo it is $463/mo.