Cape Coral-Fort Myers vs Redding
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Redding is 21% cheaper for renters. A 2-bedroom rents for $969/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $2,424/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Redding | Difference |
|---|---|---|---|
| Studio | $802 | $684 | $118 |
| 1 Bedroom | $985 | $807 | $178 |
| 2 Bedrooms | $1,171 | $969 | $202 |
| 3 Bedrooms | $1,479 | $1,212 | $267 |
| 4 Bedrooms | $1,690 | $1,339 | $351 |
| Median Income | $72,521 | $56,912 | $15,609 |
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
Redding
- Studio
- $684/mo
- 1 BR
- $807/mo
- 2 BR
- $969/mo
- 3 BR
- $1,212/mo
- 4 BR
- $1,339/mo
- Median Income
- $56,912/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Redding cheaper to rent in?
Redding is cheaper — a 2-bedroom Fair Market Rent is $969/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $202/mo or $2,424/year more expensive in Cape Coral-Fort Myers (21% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Redding?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Redding, a 2-bedroom FMR is $969/month.
How do incomes compare between Cape Coral-Fort Myers and Redding?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Redding it is $56,912/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Redding?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Redding it is $684/mo.