Fort Myers, Lee County, FL

Median Home Price Price

$324,865 $324.9K

Median Monthly Rent Rent

$1,989 $2K

14.0x

Market Snapshot

Fort Myers, Lee County, FL is a city market with a median home price of $324,865, a median monthly rent of $1,989, a GRM of 14.0x, and a price-to-rent ratio of 13.6.

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Home prices

Monthly rent

GRM = home price / annual rent

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$423K $2.3K 16.0x
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Home prices

Monthly rent

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Palomar Mountain, San Diego County, CA Explore deeper
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GRM = home price / annual rent

Fort Myers

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Benchmark comparison

Compare Fort Myers, FL to another market.

Compare to Bonita Springs, FL
Fort Myers, FL
Bonita Springs, FL
Delta
Median rent
$1,989
N/A
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Median price
$324,865
N/A
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YoY change
-$61
N/A
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Price-to-rent
13.6x
Data unavailable
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Key takeaways

  • Fort Myers, Lee County, FL has a lower-grm screening profile: At 14.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent is down about $61 year over year, so use alternatives to test whether the trend is market-specific.
  • Next discovery step: compare Bonita Springs, Lee County, FL from the Same county set.