Cape Coral-Fort Myers, FL Metro Area: Median Gross Rent Trend
How Cape Coral-Fort Myers, FL Metro Area's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,035
2023
$1,597
Total change
+$562
% change
+54.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,035 | — |
| 2019 | $1,154 | +$119 (11.5%) |
| 2020 | $1,225 | +$71 (6.2%) |
| 2021 | $1,307 | +$82 (6.7%) |
| 2022 | $1,466 | +$159 (12.2%) |
| 2023 | $1,597 | +$131 (8.9%) |