Property Prices in Fort Myers, FL, United States

Index Info
Price to Income Ratio: 3.24
Mortgage as Percentage of Income: 23.89%
Loan Affordability Index: 4.19
Price to Rent Ratio - City Centre: 11.65
Price to Rent Ratio - Outside of Centre: 6.44
Gross Rental Yield (City Centre): 8.58%
Gross Rental Yield (Outside of Centre): 15.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,242.71 $ 1,000.00-1,400.00
Apartment (1 bedroom) Outside of Centre 993.12 $ 800.00-1,100.00
Apartment (3 bedrooms) in City Centre 1,760.00 $ 1,695.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,660.00 $ 1,500.00-1,800.00
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) 3,246.63 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.17 3.00-4.75

These data are based on 107 entries in the past 18 months from 25 different contributors.
Last update: July 2021

Sources and References
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