Lee County, FL fair market rent

Cape Coral-Fort Myers, FL MSA · FY2027 · upcoming · effective October 1, 2026

$1,8352 bedrooms / month

Illustrative 90–110% range $1,652–$2,019 · -6.4% from FY2026

Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Metro FMR area. U.S. county median 2BR $1,056.

Your housing authority's payment standard: not verified on this page.

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HUD rents by bedroom count
Unit	FY2027	FY2026	Change
Studio	$1,555	$1,629	-4.5%
1 bedroom	$1,564	$1,638	-4.5%
2 bedrooms	$1,835	$1,961	-6.4%
3 bedrooms	$2,373	$2,560	-7.3%
4 bedrooms	$2,615	$2,836	-7.8%

All Florida areas How payment standards work

Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.

2-bedroom FMR, last 11 years

FY17$920
FY18$956
FY19$1,039
FY20$1,182
FY21$1,197
FY22$1,231
FY23$1,451
FY24$1,677
FY25$1,843
FY26$1,961
FY27$1,835

HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method

Small Area FMRs by ZIP code

50 ZIPs in Cape Coral-Fort Myers, FL MSA

Florida areas with a similar 2BR rent

All 67