Cape Coral-Fort Myers vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 13% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $1,596/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Madison | Difference |
|---|---|---|---|
| Studio | $802 | $676 | $126 |
| 1 Bedroom | $985 | $827 | $158 |
| 2 Bedrooms | $1,171 | $1,038 | $133 |
| 3 Bedrooms | $1,479 | $1,222 | $257 |
| 4 Bedrooms | $1,690 | $1,400 | $290 |
| Median Income | $72,521 | $64,691 | $7,830 |
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
Madison
- Studio
- $676/mo
- 1 BR
- $827/mo
- 2 BR
- $1,038/mo
- 3 BR
- $1,222/mo
- 4 BR
- $1,400/mo
- Median Income
- $64,691/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Madison cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $133/mo or $1,596/year more expensive in Cape Coral-Fort Myers (13% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Cape Coral-Fort Myers and Madison?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Madison it is $64,691/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Madison?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Madison it is $676/mo.