{"id":406271,"date":"2026-09-21T15:32:10","date_gmt":"2026-09-21T15:32:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/406271\/"},"modified":"2026-09-21T15:32:10","modified_gmt":"2026-09-21T15:32:10","slug":"fort-myers-apartment-vacancy-rate-nears-20-gb-daily","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/406271\/","title":{"rendered":"Fort Myers apartment vacancy rate nears 20% | GB Daily"},"content":{"rendered":"<p>                        <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAQAAAADCAQAAAAe\/WZNAAAAEElEQVR42mM8U88ABowYDABAxQPltt5zqAAAAABJRU5ErkJggg==\" alt=\"260609GB0037_prep.jpg\" class=\"img-responsive lazyload full blur\" width=\"1200\" height=\"675\" data- data-\/><\/p>\n<p>             <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/09\/6a68db4a0e3a0.image.jpg\" alt=\"\" aria-hidden=\"true\" loading=\"lazy\" height=\"113\" width=\"200\"\/><\/p>\n<p>Fort Myers apartment vacancies are approaching 20% as a wave of new multifamily development has pushed supply ahead of demand, giving renters more options and contributing to lower rents.<\/p>\n<p>                                    Brian Tietz<\/p>\n<p>Fort Myers has one of the nation\u2019s softest apartment markets after years of development pushed supply ahead of demand, according to an <a target=\"_blank\" href=\"http:\/\/Apartments.com\" rel=\"nofollow noopener\">Apartments.com<\/a> analysis of CoStar Group data. The Fort Myers metro\u2019s apartment vacancy rate is approaching 20%, while rents have declined about 5% over the past year, the steepest correction among the large markets analyzed. Sarasota\u2019s vacancy rate topped 17%, accompanied by a nearly 4% decline in rents. For more on Southwest Florida\u2019s apartment oversupply and what it means for renters and developers, read Gulfshore Business\u2019 in-depth report by <a target=\"_blank\" class=\"Hyperlink SCXW107961354 BCX0\" href=\"https:\/\/www.gulfshorebusiness.com\/development\/southwest-florida-apartment-boom-creates-record-vacancies\/article_364ae8cc-6a6e-4487-99ac-94512153db1f.html\" rel=\"nofollow noopener\">clicking here.<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Fort Myers apartment vacancies are approaching 20% as a wave of new multifamily development has pushed supply ahead&hellip;\n","protected":false},"author":2,"featured_media":406272,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[209,211,210,3335],"class_list":["post-406271","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cape-coral","tag-cape-coral","tag-cape-coral-headlines","tag-cape-coral-news","tag-gb-daily"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/406271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=406271"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/406271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/406272"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=406271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=406271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=406271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}