Cape Coral-Fort Myers vs Merced
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Merced is 11% cheaper for renters. A 2-bedroom rents for $1,055/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $1,392/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Merced | Difference |
|---|---|---|---|
| Studio | $802 | $696 | $106 |
| 1 Bedroom | $985 | $865 | $120 |
| 2 Bedrooms | $1,171 | $1,055 | $116 |
| 3 Bedrooms | $1,479 | $1,328 | $151 |
| 4 Bedrooms | $1,690 | $1,460 | $230 |
| Median Income | $72,521 | $60,958 | $11,563 |
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
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Merced cheaper to rent in?
Merced is cheaper — a 2-bedroom Fair Market Rent is $1,055/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $116/mo or $1,392/year more expensive in Cape Coral-Fort Myers (11% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Merced?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Merced, a 2-bedroom FMR is $1,055/month.
How do incomes compare between Cape Coral-Fort Myers and Merced?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Merced it is $60,958/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Merced?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Merced it is $696/mo.