Is Fort Myers, FL a good place to invest in rental property?

Fort Myers, FL has a median modeled monthly cash flow of $-1,011 and a median cap rate of 2.7%, on a median sold price of $360,000. Prices changed -10.0% year over year.

What is the average cap rate in Fort Myers, FL?

The median cap rate across recently sold homes in Fort Myers, FL is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fort Myers, FL?

The median sold price in Fort Myers, FL is $360,000 (about $208 per square foot).

Investing in Fort Myers, FL Real Estate

A data-driven snapshot of the Fort Myers, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$360,000Median sold price

$208Median $/sqft

2.7%Median cap rate

$-1,011Modeled cash flow / mo

-10.0%Appreciation YoY

41.1Months of supply

3,682Active listings

1,075Sold (last 12 mo)

What the Fort Myers numbers say

In Fort Myers, FL, the median home sold for $360,000 (about $208 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,011 of monthly cash flow. Sold prices moved -10.0% over the past year. Inventory sits at about 41.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 14 fix-and-flip deals in Fort Myers — listings where the estimated after-repair value beats list price + rehab.

Other Florida markets to compare

See Fort Myers cash-flowing listings

CashFlowRE ranks every for-sale home in Fort Myers, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Fort Myers deals, or browse the national market data.