What HUD offices serve North Fort Myers, Florida?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near North Fort Myers.
How many renters live in North Fort Myers, Florida?
The City of North Fort Myers has 42,492 people living in 21,355 households.
There are 6,765 renters living in 3,113 renter households in this City. Renters make up 15.92 percent of the population living in North Fort Myers.
What is the rental market like in North Fort Myers, Florida?
There are an estimated 28,175 housing units in the North Fort Myers area. Of these, 3,506 units are rental homes, making up 12 percent of the housing market. For every renter household in North Fort Myers, Florida, there are 1 rental units.
What is the vacancy rate for rentals in North Fort Myers?
The rental vacancy rate in North Fort Myers is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in North Fort Myers for each bedroom size?
Occupied Rental Units by Size in North Fort Myers
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 119 | 619 | 1,580 | 694 | 96 |
Occupied Rental Units by Size in North Fort Myers
A large number of apartments in North Fort Myers have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in North Fort Myers are overburdened by housing costs?
Among renter households in this market, 47 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in North Fort Myers
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,329 to $2,499. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,329 |
| One BR | $1,331 |
| Two BR | $1,677 |
| Three BR | $2,198 |
| Four BR | $2,499 |
2024 Fair Market Rents in North Fort Myers, Florida
How many units are rented at Fair Market Rent (FMR) in North Fort Myers?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 85 | 71 percent |
| One BR | 440 | 71 percent |
| Two BR | 1,328 | 84 percent |
Rental Units Below FMR in North Fort Myers, Florida
How many affordable rental units are in North Fort Myers?
There are a variety of federal affordable housing programs serving households in North Fort Myers, Florida including the following:
| Federal Program | Unit Count |
| Public Housing | 142 |
| Section 8 Project-Based Rental Assistance | 82 |
| Section 202 Supportive Housing for the Elderly | 54 |
| Section 811 Supportive Housing for Persons with Disabilities | 28 |
Tracked Units by Federal Program in North Fort Myers, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in North Fort Myers, Florida
North Fort Myers features 291 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in North Fort Myers, Florida
There are 168 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Fort Myers.
Housing Choice Vouchers in North Fort Myers, Florida
On average, Section 8 Housing Choice vouchers pay North Fort Myers landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in North Fort Myers.
The maximum amount a voucher would pay on behalf of a low-income tenant in North Fort Myers, Florida for a two-bedroom apartment is between $1,509 and $1,845.
Sourced from federal housing data and AffordableHousingOnline.com research.
