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Florida · FIPS 12071 · HUD FY 2027

Lee County, Florida Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Lee County is $1,835 a month (rent plus utilities), 6% below the Florida average of $1,962 and 4% above the U.S. average of $1,761. That is down $126 (6.4%) from FY 2026. At 30% of income, a household needs about $73,400 a year to afford it.

  • $1,8352-bedroom FMR−$126 (−6.4%) vs FY 2026
  • $1,5641-bedroom FMRFlorida: $1,665 · U.S.: $1,478
  • $73,400Income for a 2-bedroom$35/hour full-time
  • 19 of 672BR rank in Florida1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,835/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Lee County FMR$1,835$73,400–
Florida average$1,962$78,474–
U.S. average$1,761$70,432–
Lee County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitLee County FY 2027FY 2026ChangeFlorida avgU.S. avgIncome needed
Studio$1,555$1,629−$74 (−4.5%)$1,566$1,379$62,200
1 bedroom$1,564$1,638−$74 (−4.5%)$1,665$1,478$62,560
2 bedrooms$1,835$1,961−$126 (−6.4%)$1,962$1,761$73,400
3 bedrooms$2,373$2,560−$187 (−7.3%)$2,532$2,266$94,920
4 bedrooms$2,615$2,836−$221 (−7.8%)$2,947$2,607$104,600

How Lee County compares

  • HUD sets this rent for the Cape Coral-Fort Myers, FL metro FMR area, which covers 817,666 residents in 1 county.
  • Across Florida, 2-bedroom FMRs run from $953 (Taylor County) to $2,564 (Miami-Dade County).
  • Studio to 4-bedroom: $1,555, $1,564, $1,835, $2,373, $2,615. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
  • HUD also publishes ZIP-level Small Area FMRs. For the 34 ZIP codes mostly in Lee County (by land area), the 2-bedroom figure ranges from $1,770 to $2,750.

Small Area FMRs by ZIP code in Lee County

FY 2027 Small Area Fair Market Rents, ZIP codes in Lee County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
33901$1,470$1,480$1,770$2,310$2,560+$30 (+1.7%)4% below
33903$1,470$1,480$1,770$2,310$2,560+$110 (+6.6%)4% below
33904$1,590$1,600$1,880$2,430$2,680−$140 (−6.9%)2% above
33905$1,480$1,490$1,770$2,310$2,560−$140 (−7.3%)4% below
33907$1,570$1,580$1,850$2,390$2,640−$160 (−8.0%)1% above
33908$1,770$1,780$2,090$2,700$2,980−$170 (−7.5%)14% above
33909$1,730$1,740$2,040$2,640$2,910−$130 (−6.0%)11% above
33912$1,650$1,660$1,970$2,570$2,840−$210 (−9.6%)7% above
33913$1,880$1,890$2,220$2,870$3,160−$140 (−5.9%)21% above
33914$1,700$1,710$2,000$2,590$2,850−$100 (−4.8%)9% above
33916$1,470$1,480$1,770$2,310$2,560+$10 (+0.6%)4% below
33917$1,470$1,480$1,770$2,310$2,560+$110 (+6.6%)4% below
33919$1,590$1,600$1,880$2,430$2,680−$130 (−6.5%)2% above
33920$1,470$1,480$1,770$2,310$2,560+$110 (+6.6%)4% below
33921$1,470$1,480$1,770$2,310$2,560+$110 (+6.6%)4% below
33922$1,470$1,480$1,770$2,310$2,560+$110 (+6.6%)4% below
33924$1,800$1,800$2,120$2,740$3,020−$180 (−7.8%)16% above
33928$1,920$1,930$2,300$3,000$3,330−$250 (−9.8%)25% above
33931$1,520$1,530$1,790$2,310$2,560−$170 (−8.7%)2% below
33956$2,330$2,340$2,750$3,560$3,920−$190 (−6.5%)50% above
33957$2,300$2,310$2,710$3,510$3,870−$190 (−6.6%)48% above
33965$1,480$1,490$1,850$2,430$2,690−$200 (−9.8%)1% above
33966$1,690$1,700$1,990$2,570$2,840−$90 (−4.3%)8% above
33967$1,660$1,670$1,960$2,530$2,790−$170 (−8.0%)7% above
33971$1,670$1,680$1,970$2,550$2,810−$120 (−5.7%)7% above
33972$1,480$1,490$1,770$2,310$2,560−$140 (−7.3%)4% below
33973$1,470$1,480$1,770$2,310$2,560−$10 (−0.6%)4% below
33974$1,650$1,660$1,950$2,520$2,780−$150 (−7.1%)6% above
33976$1,700$1,710$2,010$2,600$2,860−$120 (−5.6%)10% above
33990$1,590$1,600$1,880$2,430$2,680−$160 (−7.8%)2% above
33991$1,860$1,880$2,200$2,860$3,160−$230 (−9.5%)20% above
33993$1,980$1,990$2,340$3,030$3,340−$180 (−7.1%)28% above
34134$1,640$1,700$1,980$2,550$2,810−$170 (−7.9%)8% above
34135$1,750$1,760$2,060$2,660$2,940−$130 (−5.9%)12% above

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.

All Florida counties · How HUD sets these rents