Cheap Apartments for Rent in Ft. Myers, FL from $400 (160 Rentals)

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

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Boardwalk
Rent Specials
$1,086 - $1,632
Total Monthly Price

Total Monthly Price

Base Rent
$1,086 - $1,632
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

The Boardwalk

4637 Deleon StFt. Myers, FL 33907
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10X Iona Lakes
Rent Specials
$1,107 - $3,587
Total Monthly Price

Total Monthly Price

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$1,107 - $3,587
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1 to 3 Bedroom Apartments Available Now

10X Iona Lakes

15000 Iona Lakes DrFt. Myers, FL 33908
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  • Low Income
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The Laurels
Rent Specials
$1,130 - $3,335
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$1,130 - $3,335
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1 to 3 Bedroom Apartments Available Now

The Laurels

2346 Winkler AveFt. Myers, FL 33901
Student Housing
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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10x at the Forum
Rent Specials
$1,169 - $3,236
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Total Monthly Price

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$1,169 - $3,236
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1 to 3 Bedroom Apartments Available Now

10x at the Forum

3100 Champion Ring RdFt. Myers, FL 33905
Affordability
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  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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West End at City Walk
$1,247 - $3,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,247 - $3,065
Total Monthly Price
$1,247 - $3,065
Studio to 2 Bedroom Apartments Available Now

West End at City Walk

2250 McGregor BlvdFt. Myers, FL 33901
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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: 05/08/2026

Current apartment rentals in the Ft. Myers, FL area range in price from $745 to $15,587 with an overall median price of $3,068. The three Ft. Myers neighborhoods with the lowest median rent pricing are The Verandah at $899, Suncoast Estates at $1,000, and Richmond at $1,013. 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
The Verandah$1,150$8992
Suncoast Estates$1,290$1,0006
Richmond$1,295$1,01319
Whiskey Creek$1,614$95031
Hamlet$1,684$99575
Campbell Acres$1,695$85014
Pebblebrook at Verandah$1,695$8502
10 Acre Housing Project$1,700$85020
Sunshine$1,700$1,15017
Coconut Grove$1,720$995147

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 $760. East Pointe Place II in the 10 Acre Housing Project neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. 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$760
East Pointe Place IIOne Bedroom- 60%1BR,1BA$895
THE RETREAT AT VISTA LAKESanctuary1BR,1BA$998
The IvyOrchid2BR,2BA$1,024
Aria LandingsOne Bedroom1BR,1BA$1,031
Residences at MaravillaCarpeted StudioStudio,1BA$1,031
The Lakeside at 2315Studio1BR,1BA$1,050
Bayshore Pines1BR1BA 601BR,1BA$1,050

Best Value Apartments for Rent in Ft. Myers, FL

As of May 09, 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 in the Heritage Palms neighborhood starting from $1,999. The second greatest value Ft. Myers apartment is the Del Mar Model at Palms of Monterrey starting at $1,930 with a $1.29 price per square foot in the Majestic 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.
Greens EdgeThe Broadmoor3BR,2.5BA$1.15
Palms of MonterreyDel Mar3BR,2BA$1.29
Country View Garden HomesOrchid - 3A3BR,2BA$0.89
Eagle Walk Off-Campus Student HousingExecutive - 3 Bedroom + Bonus3BR,4BA$0.62
Crossings at Cape CoralThree Bedroom3BR,2BA$1.12
323 SE 24th Ave, Unit 323 SE 24th Ave Unit C323 SE 24th Ave2BR,2BA$1.13
Cobblestone on The Lake ApartmentsBellaria2BR,2BA$1.28
16 SE 16th Pl, Unit 216 SE 16th Pl2BR,2BA$1.25
514 Northeast 24th Place, Unit Unit#6514 Northeast 24th Place2BR,2BA$1.27
2833 N 2nd St, Unit 28332833 N 2nd St2BR,1BA$1.29

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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 $1,050.

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 $3,068.

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 4,835 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 $2,528 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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10 Coolest Affordable Neighborhoods in Fort Myers, FL

Written by: Ryn Gargulinski

I’m Ryn, your ApartmentHomeLiving.com Local Expert for Fort Myers, Florida. My husband, two big dogs and I moved to the area in 2020.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.