Cape Coral-Fort Myers vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cape Coral-Fort Myers is 96% cheaper for renters. A 2-bedroom rents for $1,171/mo vs $2,293/mo in New York-Newark-Jersey City — saving $13,464/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $802 | $1,531 | $729 |
| 1 Bedroom | $985 | $1,813 | $828 |
| 2 Bedrooms | $1,171 | $2,293 | $1,122 |
| 3 Bedrooms | $1,479 | $2,674 | $1,195 |
| 4 Bedrooms | $1,690 | $3,167 | $1,477 |
| Median Income | $72,521 | $124,777 | $52,256 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or New York-Newark-Jersey City cheaper to rent in?
Cape Coral-Fort Myers is cheaper — a 2-bedroom Fair Market Rent is $1,171/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,122/mo or $13,464/year more expensive in New York-Newark-Jersey City (96% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Cape Coral-Fort Myers and New York-Newark-Jersey City?
The median household income in Cape Coral-Fort Myers is $72,521/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In New York-Newark-Jersey City it is $1,531/mo.