Most Affordable ZIP Codes in Cape Coral-Fort Myers, FL (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 33907 Fort Myers, FL $201,118 $1,400 5.43% 1.8%
2 33916 Fort Myers, FL $212,189 $1,665 6.12% 4.3%
3 33903 North Fort Myers, FL $227,163 $1,630 5.60% 1.5%
4 33936 Lehigh Acres, FL $237,632 $1,651 5.42% 5.8%
5 33919 Fort Myers, FL $245,004 $1,657 5.28% 1.8%
6 33901 Fort Myers, FL $259,784 $1,543 4.63% 2.8%
7 33973 Lehigh Acres, FL $274,432 $1,643 4.67% 3.6%
8 33905 Fort Myers, FL $282,900 $1,828 5.04% 3.6%
9 33976 Lehigh Acres, FL $284,153 $2,053 5.64% 4.9%
10 33974 Lehigh Acres, FL $285,296 $1,922 5.26% 6.1%
11 33971 Lehigh Acres, FL $285,975 $1,986 5.42% 4.5%
12 33917 North Fort Myers, FL $292,090 $1,668 4.45% 2.8%
13 33909 Cape Coral, FL $295,740 $1,867 4.92% 3.1%
14 33972 Lehigh Acres, FL $309,197 $1,972 4.97% 5.4%
15 33908 Fort Myers, FL $321,709 $1,895 4.59% 1.3%
16 33990 Cape Coral, FL $324,077 $1,915 4.61% 1.8%
17 33993 Cape Coral, FL $327,791 $1,985 4.72% 3.2%
18 33966 Fort Myers, FL $336,022 $1,777 4.12% 4.1%
19 33904 Cape Coral, FL $339,673 $1,878 4.31% 1.1%
20 33967 Fort Myers, FL $356,068 $2,170 4.75% 3.9%
21 33922 Bokeelia, FL $361,010 $1,494 3.23% 2.4%
22 33912 Fort Myers, FL $376,999 $1,938 4.01% 3.6%
23 33920 Alva, FL $381,641 $1,494 3.05% 3.7%
24 33956 Saint James City, FL $430,303 $2,646 4.80% 2.2%
25 33913 Fort Myers, FL $440,681 $2,082 3.69% 3.6%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →