Cost of Living in Lee County, Florida

$1,597/mo
Median Monthly Rent
$326,300
Median Home Value
30% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,597/mo
30% above state average
Median Home Value
$326,300
16% above national
Rent-to-Income Ratio
34.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Lee County Compares

Median monthly rent comparison

Lee County$1,597/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$1,597/mo
Median Gross Rent
$326,300
Median Home Value
$1,229/mo
Monthly Owner Cost
34.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Lee County, Florida

Southwest Florida's affordability challenge

Lee County renters spend 26.2% of their income on rent, noticeably higher than the nation's typical ratio and straining household budgets. At $1,597 monthly rent against median income of $73,099, Lee's cost of living rivals many major metropolitan areas outside Florida.

Among Florida's pricier counties

Lee County's 26.2% rent-to-income ratio ranks above Florida's average of 22.5%, placing it among the state's costlier housing markets. This reflects Lee's popularity as a residential and tourism destination, driving up demand and prices across the region.

Premium pricing in Southwest Florida

Lee County's $1,597 median rent significantly outpaces nearby inland counties but runs nearly even with neighboring Manatee County ($1,549). Both coastal and near-coastal Southwest Florida counties command a premium over rural interior regions, reflecting proximity to amenities and employment centers.

Renters and owners both invest heavily

Lee County renters dedicate $1,597 monthly (26.2% of income) to housing, while owners spend $1,229 on mortgages for homes valued at $326,300. Even homeowners with established equity face substantial monthly costs, and renters must carefully budget to manage housing expenses while covering other necessities.

Lee County: premium for coastal lifestyle

Lee County's higher housing costs—26.2% rent burden and $326,300 median home values—reflect its popularity and access to Gulf Coast amenities. If you're relocating for retirement or lifestyle, compare Lee's expenses to more affordable rural or inland alternatives; the premium buys you waterfront proximity and year-round recreation.

Affordability Calculator

See how your income compares to housing costs in Lee County

$

Rent Burden

26.2%

of gross income

Max Housing (28% Rule)

$1,706

per month

Owner Cost Burden

20.2%

of gross income

The median home in Lee County may be a stretch

Median home value is $326,300. Estimated monthly cost: $2,605 vs. your max of $1,706.

Rent Affordability Guide

Your rent-to-income ratio26.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lee County, Florida?
Lee County, Florida has a median monthly rent of $1,597/mo and a median home value of $326,300. The affordability rating is Unaffordable, with rent making up approximately 34.0% of median household income.
What is the median rent in Lee County?
The median gross rent in Lee County is $1,597/mo. This is 30% above state average for Florida.
Is Lee County affordable?
Lee County is rated Unaffordable based on rent-to-income ratio of 34.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lee County's rent compare to the state average?
Lee County's median rent of $1,597/mo is 30% above state average of $1,233/mo for Florida.
What is the median home value in Lee County?
The median home value in Lee County, Florida is $326,300. This is 16% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.