Cape Coral-Fort Myers vs Modesto
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Modesto is 7% cheaper for renters. A 2-bedroom rents for $1,092/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $948/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Modesto | Difference |
|---|---|---|---|
| Studio | $802 | $727 | $75 |
| 1 Bedroom | $985 | $912 | $73 |
| 2 Bedrooms | $1,171 | $1,092 | $79 |
| 3 Bedrooms | $1,479 | $1,412 | $67 |
| 4 Bedrooms | $1,690 | $1,509 | $181 |
| Median Income | $72,521 | $56,394 | $16,127 |
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
Modesto
- Studio
- $727/mo
- 1 BR
- $912/mo
- 2 BR
- $1,092/mo
- 3 BR
- $1,412/mo
- 4 BR
- $1,509/mo
- Median Income
- $56,394/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Modesto cheaper to rent in?
Modesto is cheaper — a 2-bedroom Fair Market Rent is $1,092/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $79/mo or $948/year more expensive in Cape Coral-Fort Myers (7% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Modesto?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Modesto, a 2-bedroom FMR is $1,092/month.
How do incomes compare between Cape Coral-Fort Myers and Modesto?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Modesto it is $56,394/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Modesto?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Modesto it is $727/mo.