Cape Coral-Fort Myers vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Palm Bay-Melbourne-Titusville is 11% cheaper for renters. A 2-bedroom rents for $1,057/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $1,368/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $802 | $712 | $90 |
| 1 Bedroom | $985 | $871 | $114 |
| 2 Bedrooms | $1,171 | $1,057 | $114 |
| 3 Bedrooms | $1,479 | $1,335 | $144 |
| 4 Bedrooms | $1,690 | $1,531 | $159 |
| Median Income | $72,521 | $62,156 | $10,365 |
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
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Palm Bay-Melbourne-Titusville cheaper to rent in?
Palm Bay-Melbourne-Titusville is cheaper — a 2-bedroom Fair Market Rent is $1,057/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $114/mo or $1,368/year more expensive in Cape Coral-Fort Myers (11% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Cape Coral-Fort Myers and Palm Bay-Melbourne-Titusville?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.