Property Prices in Fort Myers, FL, United States

Index Info
Price to Income Ratio: 3.39
Mortgage as Percentage of Income: 30.76%
Loan Affordability Index: 3.25
Price to Rent Ratio - City Centre: 7.83
Price to Rent Ratio - Outside of Centre: 5.89
Gross Rental Yield (City Centre): 12.77%
Gross Rental Yield (Outside of Centre): 16.98%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,900.00 $ 1,700.00-2,000.00
Apartment (1 bedroom) Outside of Centre 2,200.00 $ 1,900.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,137.50 $ 2,900.00-3,650.00
Apartment (3 bedrooms) Outside of Centre 2,833.33 $ 2,200.00-3,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 290.48 $ 277.96-303.00
Price per Square Feet to Buy Apartment Outside of Centre 228.98 $ 180.00-277.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,118.54 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.19-6.80

These data are based on 48 entries in the past 18 months from 18 different contributors.
Last update: December 2024

Sources and References
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