Cheap Apartments for Rent in the Myerlee Neighborhood of Ft. Myers, FL from $1,000 (25 Rentals)

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

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Pinnacle Estates
1 to 2 Bedroom Apartments

Pinnacle Estates

7131 Pinnacle DrFt. Myers, FL 33907
Student Housing

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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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Myerlee, Ft. Myers, FL Local Guide

Cheapest Available Myerlee Apartments for Rent

 

The cheapest available apartment rental in the Myerlee area of Ft. Myers, FL is a 1 Bed unit found at Fountains at Forestwood priced from $1,000. Coral Waters Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Myerlee apartments for rent in Ft. Myers, FL:

Apartment ListingModel NameBed/BathPriced From
Fountains at ForestwoodA21BR,1BA$1,000
Coral Waters ApartmentsThe Inlet1BR,1BA$1,199
Lost Tree Apartments1B/1B-A1BR,1BA$1,249
Seville Apartments1 bedroom 1 bath1BR,1BA$1,250
Cypress Bend Village Apartments1bed/1bath1BR,1BA$1,295

Best Value Apartments for Rent in Myerlee, FL

As of December 14, 2025 the best value apartment in the Myerlee area is the $1.38 price per square foot Siera Model at Palms of Monterrey in the in the Majestic Palms neighborhood starting from $1,535. The second greatest value Myerlee apartment is the 4225 SE 19th Ave Model at 4225 SE 19th Ave, Unit Serenity starting at $1,395 with a $1.33 price per square foot in the Caloosahatchee neighborhood. Here is today’s list of the best values for Myerlee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Palms of MonterreySiera2BR,1BA$1.38
4225 SE 19th Ave, Unit Serenity4225 SE 19th Ave1BR,1BA$1.33
San Carlos ApartmentsA2BR,2BA$1.59
Coral Harbor1 Bedroom1BR,1BA$1.61
Coral Waters Apartments1 Bed/1 Bath1BR,1BA$1.35
Cascades at Clear Lake ApartmentsTwo Bed Two Bath Renovated2BR,2BA$1.81
The AshlarTopaz Classic1BR,1BA$1.80
77 2nd St, Unit 7777 2nd St2BR,1BA$1.51
The Lakes At College PointeAmherst1BR,1BA$1.75
Fountains at ForestwoodA11BR,1BA$1.67

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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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Myerlee, Ft. Myers, FL

Ranked #26

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Myerlee, Ft. Myers, FL

School data provided by Great Schools

Frequently Asked Questions about Cheap Myerlee Apartments

What is a cheap apartment in Myerlee?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Myerlee is under $1,325.

What is the price of a cheap apartment in Myerlee?

The cheapest apartment in Myerlee is Fountains at Forestwood which is listed at $1,000, while the average apartment in Myerlee costs $1,955.

What types of apartments are the cheapest in Myerlee?

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 77 regular apartments in Myerlee 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 Myerlee?

Cheap apartments in Myerlee have an average cost of $465 which is $1,490 cheaper than the average rent for all rentals in Myerlee.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!