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FL/Lee County/North Fort Myers

North Fort Myers, FL

CitySAFMR
Lee County
Found 3 ZIPs

City Median Investment Score

75Below average

095130300
BRFMR
Eff. Rent
0 BR$1,470 – $1,560$1,150 – $1,660
1 BR$1,480 – $1,570$1,150 – $1,610
2 BR$1,770 – $1,840$1,430 – $1,680
3 BR$2,310 – $2,380$1,770 – $2,200
4 BR$2,560 – $2,620$2,020 – $2,370
5 BR$2,944Not available
6 BR$3,386Not available
7 BR$3,893Not available
8 BR$4,477Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1
1
1
0.91-1.28
1 BR
1
1
1
0.96-1.29
2 BR
1
1
1
1.05-1.24
3 BR
1
1
1
1.08-1.31
4 BR
2
1.11-1.27
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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North Fort Myers, FL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 3 ZIP codes in North Fort Myers, FL ranges from $1,770 to $1,840 a month, with a median of $1,770. That is up 6.6% from $1,660 in FY 2026. North Fort Myers is in the Cape Coral-Fort Myers, FL MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,835. The median county two-bedroom FMR in Florida is $1,474, so North Fort Myers is 20% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for North Fort Myers, FL
BedroomsFY 2027Change90–110% range
Studio$1,470+9.7%$1,323–$1,617
1BR$1,480+10.4%$1,332–$1,628
2BR$1,770+6.6%$1,593–$1,947
3BR$2,310+6.0%$2,079–$2,541
4BR$2,560+5.3%$2,304–$2,816

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for North Fort Myers, FL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,470$1,480$1,770$2,310$2,560
FY 2026$1,340$1,340$1,660$2,180$2,430
FY 2025$1,200$1,200$1,510$1,980$2,250
FY 2024$1,030$1,030$1,310$1,710$1,950
FY 2023$900$900$1,150$1,500$1,760

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
33918$1,840+4.0%
33903$1,7700.0%
33917$1,7700.0%

Questions about North Fort Myers, FL rents

How much will Section 8 pay for a two-bedroom in North Fort Myers, FL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,835, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,652 to $2,019 a month; under the ZIP-level Small Area FMR of $1,770 it would be $1,593 to $1,947. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is North Fort Myers, FL in?

North Fort Myers, FL is in the Cape Coral-Fort Myers, FL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,835.

How much did fair market rent change in North Fort Myers, FL for FY 2027?

The two-bedroom FMR rose 6.6%, from $1,660 in FY 2026 to $1,770 in FY 2027. Since FY 2023 it has risen 53.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set