FairRentWize

Cape Coral-Fort Myers vs Tampa-St. Petersburg-Clearwater

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Cape Coral-Fort Myers is 4% cheaper for renters. A 2-bedroom rents for $1,171/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater — saving $564/year.

Rent by Unit Size

Unit SizeCape Coral-Fort MyersTampa-St. Petersburg-ClearwaterDifference
Studio$802$817$15
1 Bedroom$985$967$18
2 Bedrooms$1,171$1,218$47
3 Bedrooms$1,479$1,527$48
4 Bedrooms$1,690$1,752$62
Median Income$72,521$69,520$3,001

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 →

Tampa-St. Petersburg-Clearwater

Studio
$817/mo
1 BR
$967/mo
2 BR
$1,218/mo
3 BR
$1,527/mo
4 BR
$1,752/mo
Median Income
$69,520/yr
Full Tampa-St. Petersburg-Clearwater profile →

Frequently Asked Questions

Is Cape Coral-Fort Myers or Tampa-St. Petersburg-Clearwater cheaper to rent in?
Cape Coral-Fort Myers is cheaper — a 2-bedroom Fair Market Rent is $1,171/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater. That's $47/mo or $564/year more expensive in Tampa-St. Petersburg-Clearwater (4% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Tampa-St. Petersburg-Clearwater?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Tampa-St. Petersburg-Clearwater, a 2-bedroom FMR is $1,218/month.
How do incomes compare between Cape Coral-Fort Myers and Tampa-St. Petersburg-Clearwater?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Tampa-St. Petersburg-Clearwater it is $69,520/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Tampa-St. Petersburg-Clearwater?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Tampa-St. Petersburg-Clearwater it is $817/mo.