I’m Ryn, your ApartmentHomeLiving.com Local Expert for Fort Myers, Florida. My husband, two big dogs and I moved to the area in 2020. There’s been an explosion of growth over the ensuing years, but Fort Myers has managed to retain much of its kitschy Florida charm that drew us to Southwest Florida in the first place. You’ll still find your little boutiques, funky ambiance, historic buildings, and plenty of waterfront everything. Fort Myers remains a fun place to visit and even more thrilling place to live, especially since the mighty Caloosahatchee River runs alongside it and the Gulf of Mexico beaches are but a hop, skip and dolphin jump away.
In addition to beaches, Florida is best known for three things: alligators, tourists and retirees. While you won’t typically see alligators sauntering down Fort Myers streets, you will meet plenty of travelers and transplants who adore the state’s mild weather and endless sunshine. This makes Fort Myers a hotspot for those in the wellness, senior care, hospitality, real estate, retail and entertainment businesses.
Moving to Fort Myers can definitely be a dream come true for people of any age or vocation, especially if you find a place to live that’s affordable, comfortable – and not too far from the beach. Proximity to amenities, parks, the waterfront and outdoor activities are other perks to enjoy in the area, as is a home or apartment that offers solid value for the cost. The cost of living in Florida can be a shade higher than other areas of the country, but still lower than many other states. Here come 10 of the coolest affordable Fort Myers neighborhoods where you can dive into Florida living, pun not intended.
The downtown historic district of Fort Myers is one of my absolute favorite places to be. Simply walking into the area feels like getting a big hug of old Florida charm. The brick-paved streets, smattering of restaurants and array of shops make the present-day experience as delightful as the history. One of my top places to visit is The Franklin Shops on First Street, a two-story treasure trove in the River District. You never know what goodies you’ll find, as the place is home to a mix of different vendors and artists showcasing their unique clothing, jewelry, artwork, gemstones and other creations. This area is also known for having the greatest conglomeration of historic buildings that are still standing in Southwest Florida. One example is the First National Bank building, built in 1914, which was used as a backdrop for filming 1985’s “Day of the Dead.”
North of the downtown historic district, Edgewood is a riverfront community of about 500 homes and apartments. Nestled next to the Caloosahatchee River and near Palm Beach Boulevard, the community is a scant two miles away from the downtown action – close enough for walking but far enough to forget the hustle and bustle when you’d rather focus on the open green spaces and riverfront fun. Natural spaces are a big perk of this community, especially if you’re lucky enough to nab a rental with a river view. Nearby Palm Beach Boulevard serves up shopping, restaurants, a supermarket and a dollar store. One of the coolest hangouts is Redbone’s Bar and Grill, where you can relax with a drink and snack in a playful, colorful outdoor hangout. I’m a big fan of the river and the overall Edgewood vibe.
If you can find an apartment you like on West First Street, grab it. Or at least I would if I were house-hunting. This little enclave encapsulates what Fort Myers living is all about. Located southwest of the downtown historic district, this community maintains the riverfront vibes – and views – that make Southwest Florida one of the most magnificent places to live. You’re within walking distance of Centennial Park, a riverfront park with a pier and plenty of open space. Joe’s Crab Shack is a neighborhood icon, featuring an over-the-water dining experience rife with stuffed shrimp, crab buckets and American comfort foods. Did someone say “Yum?”
Another waterfront community I can’t help but adore is McGregor Estates Boulevard. I tend to adore anything on the water, and Caloosahatchee River views are at your service. Located further south than West First Street, this neighborhood is a bit farther from downtown but still close enough to enjoy all the amenities, activities and events. The Edison and Ford winter estates sit between the West First Street and McGregor Estate Boulevard neighborhoods, giving you easy access to the historic mansions of two of Fort Myers’ most famous residents. Living near the sprawling grounds of Thomas Edison’s former winter home is a enchanting place to be, as surely your new neighbors will attest.
Lincoln Park is extremely high in affordability, with some of the least expensive apartment rentals in the area. It’s farther from the water, which in Florida typically means it’s lower in the rent department. While retirees and tourists are a big part of Florida’s fabric, here you’ll find a median age of 36. Younger singles, couples and families can enjoy the nearby Fort Myers STARS Complex, a literal community playground. The family-friendly complex boasts a pool and playground, along with facilities for playing tennis, softball, football and basketball. Nearby parks, schools, playgrounds and daycare centers make Lincoln Park a good pick for families.
If you’re a fan of old-school Florida charm, Coconut Grove may be just the place to land. The community was established back in the 1950s, and many of the single-family homes and apartment buildings still retain the delightful mid-century vibe. Any building that survives for decades in Florida has to have a solid framework, which is an automatic plus when you’re looking for a place to live. The area is also south of downtown, which means it’s that much closer to Fort Myers Beach. You can scoot from the grove to the gulf in about 30 minutes.
Sunset Park is right next door to Coconut Grove, a bit further inland yet still fairly close to the impressive Caloosahatchee River. The median age here is 40, and homes and rentals tend to be snapped up rather quickly. A variety of single-family homes and apartment buildings still hold the Florida charm, with retro architectural features and a style and foundation that withstands time. The neighborhood has a rather quiet vibe, although there are still plenty of amenities within walking distance. Coronado Park is one of the perks, featuring a playground, picnic tables and, one of my musts, an off-leash dog area.
Broadway Circle is one of the more unique neighborhoods of Fort Myers from the layout alone. The community is built around a horseshoe-shaped cul-de-sac, with the enclave automatically giving the neighborhood a more intimate feel. Each end of the main road known as Broadway Circle connects to – you guessed it – Broadway. While it’s not the same type of Broadway you find in New York City, Fort Myers’ Broadway will take you to nearby amenities and a neighborhood park. Broadway will also land you at Edison Mall, a bona-fide, old-school mall that continues to thrill those of us fed up with online shopping.
The name alone may make you want to move to Love Joy Park, and the location may cement the deal if you’re a healthcare worker. This neighborhood is right across from Lee Memorial Hospital, a landmark and mainstay founded in 1916. Love Joy Park has a distinct family flair and high affordability, perhaps one of the most affordable neighborhoods in the entire country. The majority of the residents are under age 34, making it a popular pick for the younger set. Vintage Florida charm again graces this neighborhood, with a mix of well-established apartment complexes, high-rises and single-family homes built before 1999.
Outlying Neighborhood of Fort Myers
While the downtown bustle is fun, I’m also a big fan of living as close to nature as possible. That’s where the outlying neighborhood of Fort Myers has a special allure. Here you’ll find suburban areas that may boast bigger green spaces, like the Six Mile Cypress Slough Preserve. This nature haven features 11 miles of wetlands you can explore on an elevated boardwalk. Living outside of the city proper can also get you on the road faster to visit the Gulf beaches up and down Florida’s West Coast. You’ll never hear me complain about being able to get to a Florida beach as quickly as possible.
