Buy a home in Fort Myers with as little as 3.5% down. Here's how FHA loans work in Lee County, what the limit buys in Southwest Florida, and how to get pre-approved.
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Fort Myers anchors Southwest Florida with a revitalized Downtown River District, established neighborhoods along McGregor Boulevard, and growing communities like Gateway. The market offers a mix of single-family homes and condos at prices that mostly sit within FHA's reach, making it a solid market for first-time and relocating buyers using FHA's 3.5% down.
With the 2026 FHA limit of $541,287 and FHA's 3.5% minimum down, you can finance a Fort Myers home priced up to roughly $560,000 (your loan covers the price minus your down payment). That covers most single-family homes in the Fort Myers area, with coastal and luxury properties being the main exceptions. A few Florida counties are set higher, so confirm Lee County's exact figure with HUD.
Fort Myers offers both single-family homes — straightforward FHA purchases — and a healthy condo market, especially near the river and the coast. For condos, remember the building must be FHA-approved or qualify for Single-Unit Approval; see our condo guide, and we'll check status before you offer. Older homes that need a little work can be financed with an FHA 203(k) renovation loan.
You don't have to cover the down payment alone. FHA allows gift funds, sellers can contribute up to 6% toward closing costs, and Fort Myers buyers can often pair FHA with assistance from the Florida Housing Finance Corporation and Lee County's local SHIP-funded programs. Funding and eligibility change frequently, so we'll help you confirm what's currently available — see our FHA down payment assistance guide.
We help buyers throughout Fort Myers and Lee County, including the Downtown River District, McGregor, Gateway, and surrounding Lee County communities. Wherever you're looking, we'll explain your FHA loan limit, rate, and monthly payment — and get you pre-approved fast.
Get a free FHA rate quote and pre-approval from a lender who knows the Fort Myers market.
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