The typical owner-occupied home in Fort Myers is worth about $384,500, 7% above the Florida median of $359,000 and 16% above the national median of $332,700. Owners pay a median $3,819 a year in property taxes, about 0.99% of their home's value, higher than the Florida rate of 0.76%. The median household earns $63,732 a year, so the median home costs 6.0 times the median income (4.8 times for Florida). 49% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Fort Myers at a glance
| Fort Myers | Florida | U.S. | |
|---|---|---|---|
| Median home value | $384,500 | $359,000 | $332,700 |
| Median property tax paid per year | $3,819 | $2,730 | $3,119 |
| Property tax as a share of value | 0.99% | 0.76% | 0.94% |
| Median household income | $63,732 | $74,568 | $80,734 |
| Homes lived in by their owners | 49% | 68% | 65% |
| Owner homes with a mortgage | 50% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,160 | $1,959 | $1,963 |
| Those costs as a share of the owners' income | 23.5% | 23.6% | 21.0% |
| Median rent | $1,580 | $1,669 | $1,413 |
| Rent as a share of renters' income | 36.9% | 35.2% | 30.6% |
| Median year homes were built | 2001 | 1988 | 1980 |
| Vacant homes | 21.7% | 14.7% | 10.1% |
| Population | 95,051 | 22,416,077 | 334,922,499 |
What a typical home costs per month in Fort Myers
At this week's average 30-year rate of 7.11%, buying the median Fort Myers home of $384,500 with 20% down costs about $2,547 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,187, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $109,143 for the 20%-down payment. That payment is 48% of the median Fort Myers household income of $63,732; at that income and 20% down, the 28% guideline points to a home of about $225,000.
The median rent here is $1,580 a month, so owning the median home costs about $967 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $76,900 |
|---|---|
| Loan amount | $307,600 |
| Principal and interest | $2,069 |
| Property taxes (0.99% a year) | $317 |
| Homeowners insurance (our estimate, 0.5% a year) | $160 |
| PMI | $0 |
| Total per month | $2,547 |
Change the numbers in the calculator
| Down payment | $13,458 |
|---|---|
| Loan amount | $377,536 |
| Principal and interest | $2,540 |
| Property taxes (0.99% a year) | $317 |
| Homeowners insurance (our estimate, 0.5% a year) | $160 |
| FHA mortgage insurance | $170 |
| Total per month | $3,187 |
Change the numbers in the calculator
Questions about home buying in Fort Myers
What is the median home value in Fort Myers?
About $384,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Fort Myers?
Homeowners pay a median $3,819 a year, which is about 0.99% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Fort Myers?
For the median home with 20% down at 7.11%, the payment is about $2,547 a month. Keeping that under 28% of gross income takes about $109,143 a year.
More about Fort Myers
- Mortgage Refinance in Fort Myers
- Debt Relief in Fort Myers
- Home Equity Loans in Fort Myers
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data