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

Fort Myers, FL has a median modeled monthly cash flow of $-946 and a median cap rate of 2.8%, on a median sold price of $367,000. Prices changed -11.0% 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 2.8%, 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 $367,000 (about $210 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.

$367,000Median sold price

$210Median $/sqft

2.8%Median cap rate

$-946Modeled cash flow / mo

-11.0%Appreciation YoY

58.1Months of supply

2,754Active listings

569Sold (last 12 mo)

What the Fort Myers numbers say

In Fort Myers, FL, the median home sold for $367,000 (about $210 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-946 of monthly cash flow. Sold prices moved -11.0% over the past year. Inventory sits at about 58.1 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 3 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.