Cape Coral-Fort Myers vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Virginia Beach-Norfolk-Newport News is 18% cheaper for renters. A 2-bedroom rents for $994/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $2,124/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $802 | $659 | $143 |
| 1 Bedroom | $985 | $824 | $161 |
| 2 Bedrooms | $1,171 | $994 | $177 |
| 3 Bedrooms | $1,479 | $1,234 | $245 |
| 4 Bedrooms | $1,690 | $1,448 | $242 |
| Median Income | $72,521 | $57,948 | $14,573 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $177/mo or $2,124/year more expensive in Cape Coral-Fort Myers (18% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Cape Coral-Fort Myers and Virginia Beach-Norfolk-Newport News?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.