Best Affordable Neighborhoods in Fort Myers, FL
Some of the cheapest neighborhoods in Fort Myers are Metro Park, Allen Park, and Broadway Circle. These neighborhoods offer some of the lowest rent prices in Fort Myers, making them ideal for renters on a budget. As of April 7, 2026, the average rent in Fort Myers is $1,521, which is 4.7% 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
$1,132/Month
Units Available
30 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.
Allen Park
Average Rent
$1,179/Month
Year-Over-Year Rent Change
0.3%
Units Available
13 Rentals
When you’re looking for a great Fort Myers neighborhood on a budget, check out Allen Park. The average rent is $1,179, compared to the city average of $1,521. Rent prices have decreased by 0.3%. Allen Park is convenient to Four Mile Cove Ecological Preserve, BUCKS PLAZA, and Punta Gorda.
Broadway Circle
Average Rent
$1,202/Month
Year-Over-Year Rent Change
0.2%
Units Available
10 Rentals
Broadway Circle is an affordable neighborhood in Fort Myers with an average rent price of $1,202. Compare this to the city average of $1,521. In the past year, rent prices have increased by 0.2%. Broadway Circle provides easy access to Punta Gorda, Four Mile Cove Ecological Preserve, and Fowler Car Dealership.
Heritage Farms
Average Rent
$1,296/Month
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Fort Myers, Heritage Farms might be the perfect place! It has an average rent price of $1,296, while the city’s average stands at $1,521. Heritage Farms is near Jaycee Park, Rotary Park Environmental Center, and Hodges University, Fort Myers.
Iona Lakes
Average Rent
$1,325/Month
Units Available
20 Rentals
Iona Lakes is a top choice for budget-conscious renters for a variety of reasons. The average rent in Iona Lakes is $1,325 while the city average is $1,521. Residents enjoy convenient access to Kapok Plaza, Reflections Park, and Rotary Park Environmental Center.
Summerwood
Average Rent
$1,325/Month
Units Available
20 Rentals
When you’re looking for a great Fort Myers neighborhood on a budget, check out Summerwood. The average rent is $1,325, compared to the city average of $1,521. Summerwood is convenient to Kingston Square, Gulf Points Square, and Punta Gorda.
Page Park
Average Rent
$1,340/Month
Year-Over-Year Rent Change
7.1%
Units Available
225 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
$1,350/Month
Units Available
49 Rentals
World Plaza is an affordable neighborhood in Fort Myers with an average rent price of $1,350. Compare this to the city average of $1,521. World Plaza provides easy access to Jaycee Park, Hodges University, Fort Myers, and Expo At Brantley.
Portofino Cove
Average Rent
$1,353/Month
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Fort Myers, Portofino Cove might be the perfect place! It has an average rent price of $1,353, while the city’s average stands at $1,521. Portofino Cove is near Hodges University, Fort Myers, Four Mile Cove Ecological Preserve, and Sunsports Plaza.
Eagle Ridge Lakes Condominiums
Average Rent
$1,360/Month
Units Available
11 Rentals
Eagle Ridge Lakes Condominiums is a top choice for budget-conscious renters for a variety of reasons. The average rent in Eagle Ridge Lakes Condominiums is $1,360 while the city average is $1,521. Residents enjoy convenient access to Punta Gorda, SW Florida Coll., Ft Myers, and Hodges University, Fort Myers.
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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.