Best Affordable Neighborhoods in Fort Myers, FL

Some of the cheapest neighborhoods in Fort Myers are Metro Park, Heritage Farms, and Iona Lakes. These neighborhoods offer some of the lowest rent prices in Fort Myers, making them ideal for renters on a budget. As of February 21, 2026, the average rent in Fort Myers is $1,493, which is 8.3% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Metro Park

Average Rent

$1,143/Month

TransitScore® Rating

0/100

Units Available

25 Rentals

Metro Park is a centrally located neighborhood providing convenient access to major highways like Metro Parkway. The area is less than 5 miles from downtown Fort Myers, making it a short drive to the city center. Additionally, Metro Park is close to parks and recreational facilities, such as Trailhead Neighborhood Park and Winkler Park.

Heritage Farms

Average Rent

$1,275/Month

TransitScore® Rating

0/100

Units Available

14 Rentals

When you’re looking for a great Fort Myers neighborhood on a budget, check out Heritage Farms. The average rent is $1,275, compared to the city average of $1,493. Heritage Farms is convenient to Koreshan State Historic Site, Southwest Florida International, and Hodges University, Fort Myers. The community is car-dependent with a WalkScore® of 7.

Iona Lakes

Average Rent

$1,308/Month

TransitScore® Rating

0/100

Units Available

20 Rentals

Iona Lakes is an affordable neighborhood in Fort Myers with an average rent price of $1,308. Compare this to the city average of $1,493. Iona Lakes provides easy access to Kingston Square, Florida Southwestern State Col, and Gulf Points Square. It’s a car-dependent neighborhood with a WalkScore® of 1.

Summerwood

Average Rent

$1,308/Month

Units Available

20 Rentals

If you’re looking for a great, affordable neighborhood in Fort Myers, Summerwood might be the perfect place! It has an average rent price of $1,308, while the city’s average stands at $1,493. Summerwood is near Kapok Plaza, Hodges University, Fort Myers, and Jaycee Park.

Portofino Cove

Average Rent

$1,312/Month

TransitScore® Rating

0/100

Units Available

15 Rentals

Portofino Cove is a top choice for budget-conscious renters for a variety of reasons. The average rent in Portofino Cove is $1,312 while the city average is $1,493. Residents enjoy convenient access to Florida Gulf Coast University, Florida Southwestern State Col, and Four Mile Cove Ecological Preserve. The neighborhood is considered car-dependent with a WalkScore® of 19.

Page Park

Average Rent

$1,352/Month

Year-Over-Year Rent Change

12.6%

TransitScore® Rating

0/100

Units Available

187 Rentals

Page Park is a well-established neighborhood known for its access to local schools and parks. Renters will find a variety of housing options, from single-family homes to apartments, all within close proximity to shopping and dining options.

World Plaza

Average Rent

$1,355/Month

TransitScore® Rating

0/100

Units Available

44 Rentals

When you’re looking for a great Fort Myers neighborhood on a budget, check out World Plaza. The average rent is $1,355, compared to the city average of $1,493. World Plaza is convenient to Punta Gorda, SW Florida Coll., Ft Myers, and Hodges University, Fort Myers. The community is somewhat walkable with a WalkScore® of 53.

Boardwalk Park Place

Average Rent

$1,378/Month

Year-Over-Year Rent Change

19.4%

TransitScore® Rating

0/100

Units Available

30 Rentals

Boardwalk Park Place is a modern community offering a variety of amenities, including access to nearby parks like Bowling Green Park. Renters will enjoy the quiet, suburban setting and easy access to major roads, such as Cleveland Avenue, for commuting.

Eastwood Village

Average Rent

$1,400/Month

Year-Over-Year Rent Change

20.8%

TransitScore® Rating

0/100

Units Available

24 Rentals

Eastwood Village offers a quiet residential setting with easy access to Eastwood Golf Course and nearby parks. The neighborhood provides a peaceful environment and is close to shopping centers, making it ideal for those seeking a suburban lifestyle with convenient access to Fort Myers amenities.

Colony Pointe

Average Rent

$1,400/Month

Units Available

10 Rentals

Colony Pointe is an affordable neighborhood in Fort Myers with an average rent price of $1,400. Compare this to the city average of $1,493. Colony Pointe provides easy access to Edison and Ford Winter Estates, Daniels Crossing, and Florida Gulf Coast University.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.