Cheap Apartments for Rent in Ft. Myers, FL from $675 (292 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ft. Myers.

property at 0Fort Myers
$1,200
1 To 2 Bedroom Rentals
Available Now
Furnished

0Fort Myers

Ft. MyersFL33901

Ft. Myers's Best Affordable Neighborhoods

Learn about Ft. Myers and the best places to live with original content written by our Local Expert Ryn Gargulinski

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property at 3713 Washington Ave
$995 - $1,195
1 To 2 Bedroom Rentals
Available Now
Affordability

3713 Washington Ave

Ft. MyersFL33916
property at 3041 2nd St
$995 - $1,000
2 Bedroom Rentals
Available Now
Affordability

3041 2nd St

Ft. MyersFL33916

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10X Iona Lakes
$1,178 - $3,128

Total Monthly Price

Base Rent$1,178 - $3,128
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

10X Iona Lakes

15000 Iona Lakes DrFt. Myers, FL 33908
Affordability
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property at 2131 Gorham Ave
$1,195 - $2,500
1 To 3 Bedroom Rentals
Available Oct 1

2131 Gorham Ave

Ft. MyersFL33907

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Ft. Myers, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Ft. Myers, FL

Pricing Updated: 09/23/2026

Current apartment rentals in the Ft. Myers, FL area range in price from $675 to $34,225 with an overall median price of $1,713. The three Ft. Myers neighborhoods with the lowest median rent pricing are Richmond at $1,204, The Village at Lehigh at $1,204, and Town Lakes at $1,227. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ft. Myers Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Richmond$1,204$1,07422
The Village at Lehigh$1,204$1,07423
Town Lakes$1,227$1,07424
Outer Lehigh Acres$1,250$1,2001
Campbell Acres$1,282$90016
10 Acre Housing Project$1,289$89519
Pebblebrook at Verandah$1,289$1,2002
Silver Hemingway Pointe$1,300$1,2001
The Verandah$1,300$1,2002
Oak Park Village$1,338$1,07426

Cheapest Available Ft. Myers Apartments for Rent

 

The cheapest available apartment rental in Ft. Myers, FL is a 4 Beds unit found at Eagle Walk Off-Campus Student Housing in the Summit Baptist Church neighborhood priced from $825. Hermosa North Fort Myers in the Diplomat neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $892. Here is today’s list of the most affordable Ft. Myers apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Walk Off-Campus Student HousingPlatinum4BR, 4BA$825
Hermosa North Fort Myers1 Bedroom, 1 Bathroom1BR, 1BA$892
East Pointe Place IIOne Bedroom- 60%1BR, 1BA$895
Lost Tree ApartmentsStudioStudio, 1BA$899
3041 Second Street2BR/1.0BA2BR, 1BA$995
3619 SA1BR/1.0BA1BR, 1BA$995
3049 2nd Street2 Bedrooms, 1 Bathroom2BR, 1BA$1,000
2452 Stella Street2 Bedrooms, 1 Bathroom2BR, 1BA$1,000
3950 LS2BR/1.0BA2BR, 1BA$1,025

Best Value Apartments for Rent in Ft. Myers, FL

As of September 23, 2026 the best value apartment in the Ft. Myers area is the $1.15 price per square foot The Broadmoor Model at Greens Edge in the Heritage Palms neighborhood starting from $1,999. The second greatest value Ft. Myers apartment is the Four Bedroom Model at Aria Landings in the Heritage Palms neighborhood starting at $1,620 with a $1.12 price per square foot. Here is today’s list of the best values for Ft. Myers apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Greens EdgeThe Broadmoor3BR, 2.5BA$1.15
Aria LandingsFour Bedroom4BR, 2BA$1.12
The ReefD14BR, 4BA$0.64
Santa Barbara Villas - Move in Special2BR/2.0BA2BR, 2BA$1.03
Eagle Walk Off-Campus Student HousingPlatinum - 2 bedroom + Bonus2BR, 3BA$0.87
1037 SE 11th St, Unit A1037 SE 11th St2BR, 2BA$1.16
323 SE 24th Ave, Unit 323 SE 24th Ave Unit D323 SE 24th Ave2BR, 2BA$1.04
The Avenues Rental HomesThree Bedroom Two Bath3BR, 2BA$1.12
4641 SE 5th Plz, Unit 14641 SE 5th Plz2BR, 1BA$0.91
A-551BR/1.0BA1BR, 1BA$1.05

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Ft. Myers Overview

If you enjoy the sun and the surf, there's no place quite like Ft. Myers, Florida. From beaches to nightlife, this city has it all in one little package. It's a perfect location for those looking for a mid-sized city that incorporates all the excitement one finds in a metropolitan area as well as the laid back relaxing vibe of a beach community. Plan on enjoying warm breezes and the sunshine all year long. There's no cold season here. It's all palm trees, white sandy beaches, and pelicans as far as the eye can see.

Why live in Ft. Myers, FL?

Ft. Myers isn't your typical beach town. You'll find that it is less touristy than most beach communities but still has a nice beach vibe. Ft. Myers is also home to the spring-training camps of several major league baseball teams, and with the palm tree-lined streets, it's a wonderful city to take a walk in or enjoy a lunch outside in the sunshine. For singles or families, there is a little bit of something here for everyone.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ft. Myers, FL Rentals by Map

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Ft. Myers, FL Area Reviews

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Ryn

February 25, 2025

Fort Myers is an amazing place to visit, and an even more amazing place to live. The historic downtown district is bursting with old-school Florida charm, while other areas of the city have amazing nature preserves, shopping options and even a manatee park. Love the Southwest Florida vibe. Love the beaches even more!

Frequently Asked Questions about Cheap Ft. Myers Apartments

What is a cheap apartment in Ft. Myers?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ft. Myers is under $1,025.

What is the price of a cheap apartment in Ft. Myers?

The cheapest apartment in Ft. Myers is Hermosa North Fort Myers which is listed at $892, while the average apartment in Ft. Myers costs $1,713.

What types of apartments are the cheapest in Ft. Myers?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4,603 regular apartments in Ft. Myers that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ft. Myers?

Cheap apartments in Ft. Myers have an average cost of $564 which is $1,149 cheaper than the average rent for all rentals in Ft. Myers.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Fort Myers

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I’m Ryn, your ApartmentHomeLiving.com Local Expert for Fort Myers, Florida.

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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