Top Rated Cheap Apartments for Rent in Ft. Myers, FL from $400 (14 Rentals)

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Top Rated Apartments in Ft. Myers.

Cheap Apartments in Ft. Myers.

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10X Iona Lakes
$1,142 - $3,349
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$1,142 - $3,349

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1 to 3 Bedroom Apartments Available Now

10X Iona Lakes

15000 Iona Lakes DrFt. Myers, FL 33908
Affordability
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  • Low Income
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The Laurels
Rent Specials
$1,230 - $3,335
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$1,230 - $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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The Alary
Rent Specials
$1,310 - $2,798
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$1,310 - $2,798

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Studio to 3 Bedroom Apartments Available Now

The Alary

3260 Stockton StFt. Myers, FL 33903
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Montego Reserve
Rent Specials
$1,395 - $2,260
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$1,395 - $2,260

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Studio to 3 Bedroom Apartments Available Now

Montego Reserve

4051 Winkler AvenueFt. Myers, FL 33916
Affordability
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  • Customer Reviewed
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Maple Crest Apartments
1 to 3 Bedroom Apartments

Maple Crest Apartments

3607 Crestwood Lake AveFt. Myers, FL 33901
Renter Rating
  • Utilities Included

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.

Ft. Myers, FL Local Guide

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, 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 $1,078.

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 $3,056.

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 5,132 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 $577 which is $2,479 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.