House Charts

Fort Myers, FL Housing Market: Home Prices & Rent

Updated September 2026 data · city in the Cape Coral metro
Fort Myers, FL home values are down 4.2% over the past year, to a typical $305k - 19% below the September 2023 peak. Typical rent is $1,719 a month (-0.5% in a year). That's 9% below the Cape Coral-area typical of $334k.
Typical home value
$305k
-4.2% (-$13k) in 12 months
From the peak
-19%
Peak $376k, Sep 2023
Since Dec 2019
+36%
from $225k
Typical rent
$1,719/mo
-0.5% in 12 months
vs Cape Coral metro
-9%
metro typical $334k
Days to go under contract
118
Cape Coral metro, September 2026

Fort Myers home values since 2000

$100k$200k$300k$400k2000200420082012201620202024Peak $376k (Sep 2023)Now $305k

Last few years

$250k$300k$350k20192020202120222023202420252026Peak $376k (Sep 2023)Now $305k

Rent in Fort Myers

$1,000$1,500$2,000201520172019202120232025Now $1,719

Owning vs renting, monthly

Buying the typical Fort Myers home with 20% down at this week's 7.32% 30-year rate costs about $2,054/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,719/month typical rent.

Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.

What changed this month

Fort Myers vs the Cape Coral metro, Florida and the U.S.

Typical home12-month changeTypical rent
Fort Myers, FL$305k-4.2%$1,719/mo
Cape Coral metro$334k-3.5%$1,827/mo
Florida$375k-0.9%-
United States$366k+1.2%$1,932/mo

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Common questions

Are home prices falling in Fort Myers, FL?

Yes - the typical Fort Myers home value is down 4.2% over the past 12 months, at $305k (September 2026). Values are 19% below their September 2023 peak of $376k.

Is the Fort Myers housing market crashing?

Home values are 19% below their September 2023 peak and down 4.2% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.

How much is rent in Fort Myers, FL?

Typical rent in Fort Myers is $1,719 a month (September 2026), -0.5% over 12 months.

Is Fort Myers more expensive than the rest of the Cape Coral area?

The typical Fort Myers home ($305k) is 9% below the Cape Coral metro typical of $334k (September 2026).

More of the Cape Coral area

Cape Coral metro housing market

Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index for the city of Fort Myers, September 2026; days to contract for the metro area). 30-year mortgage rate: Freddie Mac PMMS. How we calculate.