Cape Coral-Fort Myers vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cape Coral-Fort Myers is 3% cheaper for renters. A 2-bedroom rents for $1,171/mo vs $1,208/mo in Reno — saving $444/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Reno | Difference |
|---|---|---|---|
| Studio | $802 | $773 | $29 |
| 1 Bedroom | $985 | $946 | $39 |
| 2 Bedrooms | $1,171 | $1,208 | $37 |
| 3 Bedrooms | $1,479 | $1,422 | $57 |
| 4 Bedrooms | $1,690 | $1,636 | $54 |
| Median Income | $72,521 | $59,858 | $12,663 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Reno cheaper to rent in?
Cape Coral-Fort Myers is cheaper — a 2-bedroom Fair Market Rent is $1,171/mo vs $1,208/mo in Reno. That's $37/mo or $444/year more expensive in Reno (3% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Cape Coral-Fort Myers and Reno?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Reno it is $59,858/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Reno?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Reno it is $773/mo.