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Fort Myers, Florida’s multifamily market enters 2026 on shaky footing

Vacancy rate at 25-year high, asking rents declining at a historic pace
The Winslow, a recently completed 320-unit apartment complex in Fort Myers, Florida. (CoStar)
The Winslow, a recently completed 320-unit apartment complex in Fort Myers, Florida. (CoStar)
CoStar Analytics
January 5, 2026 | 4:27 P.M.

The Fort Myers multifamily market continues to grapple with a supply and demand mismatch, resulting in vacancy rates reaching a 25-year high.

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