Cape Coral-Fort Myers vs South Bend-Mishawaka
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
South Bend-Mishawaka is 62% cheaper for renters. A 2-bedroom rents for $724/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $5,364/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | South Bend-Mishawaka | Difference |
|---|---|---|---|
| Studio | $802 | $500 | $302 |
| 1 Bedroom | $985 | $609 | $376 |
| 2 Bedrooms | $1,171 | $724 | $447 |
| 3 Bedrooms | $1,479 | $947 | $532 |
| 4 Bedrooms | $1,690 | $1,108 | $582 |
| Median Income | $72,521 | $45,155 | $27,366 |
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
South Bend-Mishawaka
- Studio
- $500/mo
- 1 BR
- $609/mo
- 2 BR
- $724/mo
- 3 BR
- $947/mo
- 4 BR
- $1,108/mo
- Median Income
- $45,155/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or South Bend-Mishawaka cheaper to rent in?
South Bend-Mishawaka is cheaper — a 2-bedroom Fair Market Rent is $724/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $447/mo or $5,364/year more expensive in Cape Coral-Fort Myers (62% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs South Bend-Mishawaka?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In South Bend-Mishawaka, a 2-bedroom FMR is $724/month.
How do incomes compare between Cape Coral-Fort Myers and South Bend-Mishawaka?
The median household income in Cape Coral-Fort Myers is $72,521/year. In South Bend-Mishawaka it is $45,155/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs South Bend-Mishawaka?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In South Bend-Mishawaka it is $500/mo.