Cheap Apartments for Rent in Ft. Myers, FL from $400 (217 Rentals)

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

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 3041 2nd St

$995 - $1,000

2 Bedroom Rentals

Available Now

3041 2nd St

Ft. MyersFL33916

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Alary
Rent Specials
$1,354 - $2,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $2,690
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

The Alary

3260 Stockton StFt. Myers, FL 33903
Affordability
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Boardwalk
Rent Specials
$1,128 - $1,682
Total Monthly Price

Total Monthly Price

Base Rent
$1,128 - $1,682
Total Monthly Price
$1,128 - $1,682
Studio to 3 Bedroom Apartments Available Now

The Boardwalk

4637 Deleon StFt. Myers, FL 33907
Affordability
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 2330 Maple Ave

$1,150 - $1,200

2 Bedroom Rentals

Available Now

2330 Maple Ave

Ft. MyersFL33901

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: 08/09/2026

Current apartment rentals in the Ft. Myers, FL area range in price from $507 to $14,075 with an overall median price of $1,751. The three Ft. Myers neighborhoods with the lowest median rent pricing are Suncoast Estates at $1,087, Cypress Lake Land at $1,249, and Campbell Acres at $1,250. 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
Suncoast Estates$1,087$9506
Cypress Lake Land$1,249$9991
Campbell Acres$1,250$89918
10 Acre Housing Project$1,269$89522
Pebblebrook at Verandah$1,289$1,2891
Oak Park Village$1,365$1,12717
Town Lakes$1,365$1,12718
Richmond$1,365$1,12718
The Village at Lehigh$1,365$1,12720
Hayloft$1,366$89535

Cheapest Available Ft. Myers Apartments for Rent

 

The cheapest available apartment rental in Ft. Myers, FL is a 1 Bed unit found at East Pointe Place II in the 10 Acre Housing Project neighborhood priced from $895. Hermosa North Fort Myers in the Diplomat neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $982. Here is today’s list of the most affordable Ft. Myers apartments for rent:

Apartment ListingModel NameBed/BathPriced From
East Pointe Place IIOne Bedroom- 60%1BR,1BA$895
Hermosa North Fort Myers1 Bedroom, 1 Bathroom1BR,1BA$982
Lost Tree Apartments1x11BR,1BA$999
Windrush Apartments1x1 Special1BR,1BA$999
Heronwood Apartments1 Bedroom 1 Bathroom1BR,1BA$999
2452 Stella Street2 Bedrooms, 1 Bathroom2BR,1BA$1,000
3049 2nd Street2 Bedrooms, 1 Bathroom2BR,1BA$1,000
The Lakeside at 2315Studio1BR,1BA$1,050
Audubon CoveSandpiper1BR,1BA$1,075

Best Value Apartments for Rent in Ft. Myers, FL

As of August 09, 2026 the best value apartment in the Ft. Myers area is the $1.23 price per square foot Forum Model at North Forum Reserve in the in the Twin Lakes neighborhood starting from $2,640. The second greatest value Ft. Myers apartment is the The Broadmoor Model at Greens Edge starting at $1,999 with a $1.15 price per square foot in the Heritage Palms neighborhood. 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.
North Forum ReserveForum4BR,2.5BA$1.23
Greens EdgeThe Broadmoor3BR,2.5BA$1.15
4107 SE 18th Pl2 Beds, 2 Baths2BR,2BA$1.22
323 SE 24th Ave, Unit 323 SE 24th Ave Unit D323 SE 24th Ave2BR,2BA$1.07
The Avenues Rental HomesThree Bedroom Two Bath3BR,2BA$1.14
Westchester Condominiums2 Beds, 2 Baths2BR,2BA$1.25
4641 SE 5th Plz, Unit 14641 SE 5th Plz2BR,1BA$0.95
Crossings at Cape CoralTwo Bedroom2BR,2BA$1.23
521 NE 24th Pl2BR 2BA2BR,2BA$1.19
1418 SE 8th Ter2 Beds, 2 Baths2BR,2BA$1.20

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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 $1,075.

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

The cheapest apartment in Ft. Myers is East Pointe Place II which is listed at $895, while the average apartment in Ft. Myers costs $1,751.

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 3,643 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 $540 which is $1,211 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

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Fort Myers article

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

Written by: Ryn Gargulinski

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

Written by: Robin Stewart

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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.