Morse Shores, Lee County, FL

Median Home Price Price

$257,583 $257.6K

Median Monthly Rent Rent

$2,412 $2.4K

9.0x

Market Snapshot

Morse Shores, Lee County, FL is a neighborhood market with a median home price of $257,583, a median monthly rent of $2,412, a GRM of 9.0x, and a price-to-rent ratio of 8.9.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

01 Mirror Lakes, Lee County, FL
Top recommendation Nearby alternative Higher GRM Premium price Similar rent
High confidence
Price $320.4K
Rent $2.4K
GRM 11.0x
02 San Carlos Park, Lee County, FL
Nearby alternative Higher GRM Premium price Similar rent
High confidence
Price $347.4K
Rent $2.4K
GRM 12.0x
Explore the data
Region Show
San Carlos Park
$347K $2.4K 12.0x
Mirror Lakes
$320K $2.4K 11.0x

Home prices

Monthly rent

GRM = home price / annual rent

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$394K $1.7K 19.0x
Stonefield, Osceola County, FL
$391K $2.3K 14.0x
East Tampa, Hillsborough County, FL
$260K $1.7K 12.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Country Hollow, Maricopa County, AZ
$345K $2.3K 12.0x
Sahuaro Park West, Maricopa County, AZ
$362K $2.4K 13.0x
Coldwater Ridge, Maricopa County, AZ Explore deeper
$396K $2.2K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Morse Shores

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Benchmark comparison

Rent in Morse Shores, FL is 1.5% lower than San Carlos Park, FL.

Compare to San Carlos Park, FL
Morse Shores, FL
San Carlos Park, FL
Delta
Median rent
$2,412
$2,448
+$36
Median price
$257,583
$347,387
+$89,804
YoY change
-$48
-$33
+$15
Price-to-rent
8.9x
11.8x
+2.9x

Key takeaways

  • Morse Shores, Lee County, FL has a lower-grm screening profile: At 9.0x 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 $48 year over year, so use alternatives to test whether the trend is market-specific.
  • Rent in Morse Shores, FL is 1.5% lower than San Carlos Park, FL.