Property Prices in Fort Myers, FL, United States

Index Info
Price to Income Ratio: 3.25
Mortgage as Percentage of Income: 24.30%
Loan Affordability Index: 4.12
Price to Rent Ratio - City Centre: 11.98
Price to Rent Ratio - Outside of Centre: 6.32
Gross Rental Yield (City Centre): 8.35%
Gross Rental Yield (Outside of Centre): 15.83%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,200.00 $ 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 1,032.78 $ 800.00-1,300.00
Apartment (3 bedrooms) in City Centre 1,729.80 $ 1,695.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,645.27 $ 1,300.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 265.33 $ 120.00-307.33
Price per Square Feet to Buy Apartment Outside of Centre 125.39 $ 100.00-165.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,236.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.32 3.50-4.75

These data are based on 109 entries in the past 18 months from 26 different contributors.
Last update: February 2021

Sources and References
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