Cheap Apartments for Rent in the Palms Neighborhood of Fort Myers, FL from $400 (78 Rentals)

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

property at 1778 Aquarius Ct

$764

Total Monthly Price

Total Monthly Price

Base Rent
$764
Total Monthly Price
$764

1 Bedroom, 1 Bath Home for Rent

Available Now

1778 Aquarius Ct

Ft. MyersFL33916

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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The Laurels
Rent Specials
$1,130 - $3,335
Total Monthly Price

Total Monthly Price

Base Rent
$1,130 - $3,335
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Laurels

2346 Winkler AveFt. Myers, FL 33901
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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West End at City Walk
Rent Specials
$1,225 - $3,099
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $3,099
Total Monthly Price
$1,225 - $3,099
Studio to 2 Bedroom Apartments Available Now

West End at City Walk

2250 McGregor BlvdFt. Myers, FL 33901
Affordability
  • Verified
  • 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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Maple Crest Apartments
1 to 3 Bedroom Apartments

Maple Crest Apartments

3607 Crestwood Lake AveFt. Myers, FL 33901
  • Utilities Included
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Hilton House
Studio to 2 Bedroom Apartments

Hilton House

3079 Cleveland AveFt. Myers, FL 33901
  • Utilities Included
property at 2905 Winkler Ave

$950 - $1,125

1 To 2 Bedroom Rentals

Available Now

2905 Winkler Ave

Ft. MyersFL33916

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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property at 3704 Broadway

$1,000 - $1,125

1 To 2 Bedroom Rentals

Available Now

3704 Broadway

Ft. MyersFL33901
property at 3706 Broadway

$1,000 - $1,250

1 To 2 Bedroom Rentals

Available Now

3706 Broadway

Ft. MyersFL33901
property at 2271 First St

$1,050 - $1,250

1 Bedroom Rentals

Available Apr 24

2271 First St

Ft. MyersFL33901
property at 3407 Winkler Ave

$1,070 - $1,800

1 To 3 Bedroom Rentals

Available Apr 24

3407 Winkler Ave

Ft. MyersFL33916

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Palms, Ft. Myers, FL Local Guide

Cheapest Available Palms Apartments for Rent

 

The cheapest available apartment rental in the Palms area of Ft. Myers, FL is a 1 Bed unit found at East Pointe Place II priced from $895. The Park at Veneto has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,016. Here are the most affordable Palms apartments for rent in Ft. Myers, FL:

Apartment ListingModel NameBed/BathPriced From
East Pointe Place IIOne Bedroom- 60%1BR,1BA$895
The Park at Veneto1 Bed 1 Bath Small1BR,1BA$1,016
Residences at MaravillaCarpeted StudioStudio,1BA$1,031
The Lakeside at 2315Studio1BR,1BA$1,050
Westwood ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$1,078
Paradise Palms Portfolio LLCStudio1BR,1BA$1,095
Royal Palms Apartments1 Bedroom 1 Bath - 281931BR,1BA$1,105
The Meridian at 28252 Bedroom 1 Bathroom2BR,1BA$1,125
The LaurelsThe Breeze1BR,1BA$1,130
THE RETREAT AT VISTA LAKESanctuary1BR,1BA$1,144

Best Value Apartments for Rent in Palms, FL

As of April 23, 2026 the best value apartment in the Palms area is the $1.51 price per square foot Model B Model at The Mallory Townhomes in the in the Page Field Medical Village neighborhood starting from $1,899. The second greatest value Palms apartment is the Three Bedroom- 80% Model at East Pointe Place II starting at $1,795 with a $1.44 price per square foot in the 10 Acre Housing Project neighborhood. Here is today’s list of the best values for Palms apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Mallory TownhomesModel B2BR,2.5BA$1.51
East Pointe Place IIThree Bedroom- 80%3BR,2BA$1.44
Cobblestone on The Lake ApartmentsBellaria2BR,2BA$1.30
2370 Katherine St, Unit 12370 Katherine St4BR,1BA$1.43
The Reef at WinklerB12BR,2BA$1.57
3221-3231 Broadway2/12BR,1BA$1.52
The Enclave at 37262 Bedroom 1 Bathroom2BR,2BA$1.64
The Meridian at 28252 Bedroom 1 Bathroom2BR,1BA$1.41
2408 Linhart Ave, Unit 2408 Linhart Avenue Fort Myers FL2408 Linhart Ave2BR,1BA$1.48
Westwood ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$1.53

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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How much rent can you afford?

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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Best Local Schools in
Palms, Fort Myers, FL

School data provided by Great Schools

Frequently Asked Questions about Cheap Palms Apartments

What is a cheap apartment in Palms?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Palms is under $1,144.

What is the price of a cheap apartment in Palms?

The cheapest apartment in Palms is East Pointe Place II which is listed at $895, while the average apartment in Palms costs $2,332.

What types of apartments are the cheapest in Palms?

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 28 regular apartments in Palms 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 Palms?

Cheap apartments in Palms have an average cost of $294 which is $2,038 cheaper than the average rent for all rentals in Palms.

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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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.