FairRentWize

Cape Coral-Fort Myers vs Raleigh-Cary

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Raleigh-Cary is 7% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $888/year.

Rent by Unit Size

Unit SizeCape Coral-Fort MyersRaleigh-CaryDifference
Studio$802$760$42
1 Bedroom$985$928$57
2 Bedrooms$1,171$1,097$74
3 Bedrooms$1,479$1,435$44
4 Bedrooms$1,690$1,556$134
Median Income$72,521$70,678$1,843

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
Full Cape Coral-Fort Myers profile →

Raleigh-Cary

Studio
$760/mo
1 BR
$928/mo
2 BR
$1,097/mo
3 BR
$1,435/mo
4 BR
$1,556/mo
Median Income
$70,678/yr
Full Raleigh-Cary profile →

Frequently Asked Questions

Is Cape Coral-Fort Myers or Raleigh-Cary cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $74/mo or $888/year more expensive in Cape Coral-Fort Myers (7% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Cape Coral-Fort Myers and Raleigh-Cary?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Raleigh-Cary it is $70,678/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Raleigh-Cary?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Raleigh-Cary it is $760/mo.