Cape Coral-Fort Myers vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 52% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $4,824/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Toledo | Difference |
|---|---|---|---|
| Studio | $802 | $521 | $281 |
| 1 Bedroom | $985 | $622 | $363 |
| 2 Bedrooms | $1,171 | $769 | $402 |
| 3 Bedrooms | $1,479 | $990 | $489 |
| 4 Bedrooms | $1,690 | $1,150 | $540 |
| Median Income | $72,521 | $44,170 | $28,351 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $402/mo or $4,824/year more expensive in Cape Coral-Fort Myers (52% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Cape Coral-Fort Myers and Toledo?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Toledo it is $44,170/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Toledo?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Toledo it is $521/mo.