In Lochmoor Waterway Estates, a typical home is worth $386,200 and typical rent is $2,014 a month. Compared with all of Lee County, typical household income is 28% higher, typical rent is 18% higher, and the share of households that own their home is 12 points higher.
Lochmoor Waterway Estates is in Lee County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lee County. See the county
What this place has that others do not, from public data, most unusual first.
1
Lochmoor Waterway Estates has the 2nd smallest share of rent-burdened renters of the 434 cities in Florida with more than 5,000 people (30%).
2
Nearby, in North Fort Myers, the typical home value is $161,800: 58% less than in Lochmoor Waterway Estates ($386,200).
3
Nearby, in North Fort Myers, the typical rent is $1,255: 38% less than in Lochmoor Waterway Estates ($2,014).
4
The typical household income in Lochmoor Waterway Estates is $97,667,28% more than in Lee County as a whole ($76,107).
5
86% of households in Lochmoor Waterway Estates own their home, against 74% in Lee County.
6
The typical rent in Lochmoor Waterway Estates is $2,014 a month, 18% more than in Lee County as a whole ($1,712).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Lochmoor Waterway Estates
What homes there are in Lochmoor Waterway Estates, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Lochmoor Waterway Estates
Lee County
Florida
United States
Kind of home: Lochmoor Waterway Estates and its comparisons
Measure
Lochmoor Waterway Estates
Lee County
Florida
United States
Detached house
72%
55%
55%
61%
Attached house
Unreliable estimate
7%
7%
6%
Building of 2 to 4
7%
7%
6%
8%
Apartments (5 or more)
Unreliable estimate
21%
25%
19%
Mobile home
Unreliable estimate
9%
8%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
The detached house rules in Lochmoor Waterway Estates: 72% of homes, more than in Lee County (55%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Lochmoor Waterway Estates
Lee County
Florida
United States
Year built: Lochmoor Waterway Estates and its comparisons
Measure
Lochmoor Waterway Estates
Lee County
Florida
United States
Before 1960
Unreliable estimate
3%
10%
26%
1960–1979
40%
17%
24%
24%
1980–1999
18%
35%
34%
25%
2000–2009
22%
29%
18%
14%
2010 or later
17%
16%
14%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K12%
$300K–$500K41%
$500K–$750K18%
$750K–$1M7%
$1M or moreUnreliable
Value of owner-occupied homes: Lochmoor Waterway Estates and its comparisons
Measure
Lochmoor Waterway Estates
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
12%
$300K–$500K
41%
$500K–$750K
18%
$750K–$1M
7%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Lochmoor Waterway Estates and its comparisons
Measure
Lochmoor Waterway Estates
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$2,197 a month
Lee County: $1,921 a month
Without a mortgage
$741 a month
Lee County: $758 a month
Owners with a mortgage
53%
Lee County: 52%
In Lochmoor Waterway Estates, 53% of owners have a mortgage, and their typical cost is $2,197 a month, against $1,921 in Lee County. Without one it drops to $741.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Lochmoor Waterway EstatesBoundaries changed
Lee County+61%
Florida+67%
United States+53%
Typical rent
Lochmoor Waterway EstatesBoundaries changed
Lee County+48%
Florida+42%
United States+33%
Typical household income
Lochmoor Waterway EstatesBoundaries changed
Lee County+32%
Florida+34%
United States+29%
Change since 2015–2019: Lochmoor Waterway Estates and its comparisons
Measure
Lochmoor Waterway Estates
Lee County
Florida
United States
Typical home value
Boundaries changed
+61%
+67%
+53%
Typical rent
Boundaries changed
+48%
+42%
+33%
Typical household income
Boundaries changed
+32%
+34%
+29%
The Census does not compare Lochmoor Waterway Estates with 2015–2019 because its boundaries changed. In Lee County, over that time, the typical home value rose 61%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Lochmoor Waterway Estates and its comparisons
Measure
Lochmoor Waterway Estates
Lee County
Florida
United States
Rental vacancy
Unreliable estimate
10.3%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
1.9%
1.4%
0.9%
More than one person per room
Unreliable estimate
2.4%
3.3%
3.4%
People per household
2.42
2.45
2.51
2.53
Drive alone
62%
71%
70%
69%
Carpool
10%
10%
9%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
22%
15%
16%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Lee County, a household in Lochmoor Waterway Estates has 2.42 people on average.
Working from home is more common in Lochmoor Waterway Estates: 22%, against 15% in Lee County.
Do the math
What would you pay each month for a home in Lochmoor Waterway Estates?
A typical home costs more than the typical income allows
We start with a typical home in Lochmoor Waterway Estates, worth $386,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Lochmoor Waterway Estates, which is $97,667 a year. For that payment to be 28% of income, a household would need to earn about $133,828 a year.
The calculator's FHA and conventional loan limits are those of all of Lee County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Lochmoor Waterway Estates. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $13,517 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,123
at 7.18% · 30 years
Loan amount
$379,205
Total interest
$545,587
Paid off in
November 2056
Includes $6,522 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,279 a month
Tight
$2,279 to $2,930 a month
Hard
more than $2,930 a month
Your payment · 38%
Compared with the typical household income in Lochmoor Waterway Estates ($97,667 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,569
Property tax
$222
Home insurance
$161
FHA mortgage insurance (MIP)
$171
You need at least $13,517 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,123; principal and interest $2,569.
The city and its county
Lochmoor Waterway Estates and Lee County
Lochmoor Waterway Estates is in Lee County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Lochmoor Waterway Estates
Map of Lee County, Florida, with Lochmoor Waterway Estates marked. Around it, the neighboring counties.
Lochmoor Waterway Estates
Lee County
Other cities with a page
Lochmoor Waterway Estates's own numbers
Typical home value
$386,200
Typical monthly rent
$2,014
Typical yearly household income
$97,667
Households that own their home
86%
Effective property tax rate
0.69%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lee County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,835
Price change over 5 years (FHFA)
+49%
Homes in a high flood-risk zone
42%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lee County.
A typical home in Lochmoor Waterway Estates is worth $386,200: 7% above the county and 8% above Florida. With the typical household income in Lochmoor Waterway Estates ($97,667 a year), a typical home costs 4.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Lochmoor Waterway Estates4.0 years
Lee4.8 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lee County
According to FHFA’s house price index, home prices in Lee County rose 101% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lee County.
Yearly change in FHFA’s price index in Lee County, 2016 to 2025
2016: +10.6% +10.6% 2016
2017: +7.0% +7.0% 2017
2018: +5.5% +5.5% 2018
2019: +3.8% +3.8% 2019
2020: +4.4% +4.4% 2020
2021: +19.1% +19.1% 2021
2022: +29.4% +29.4% 2022
2023: +5.8% +5.8% 2023
2024: −2.4% −2.4% 2024
2025: −6.7% −6.7% 2025
Change in FHFA’s price index in Lee County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
−6.7%
−0.5%
+2.9%
5 years (2020–2025)
+49%
+60%
+47%
10 years (2015–2025)
+101%
+127%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Lochmoor Waterway Estates next to Lee County, Florida and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Lochmoor Waterway Estates$386,200
Lee$362,200
Florida$359,000
United States$332,700
Typical monthly rent
Lochmoor Waterway Estates$2,014
Lee$1,712
Florida$1,669
United States$1,413
Typical yearly household income
Lochmoor Waterway Estates$97,667
Lee$76,107
Florida$74,568
United States$80,734
See the full table
Lochmoor Waterway Estates next to Lee County and Florida
Measure
Lochmoor Waterway Estates
Lee County
Florida
U.S.
Typical home value
$386,200 ▲7% above the county
$362,200
$359,000
$332,700
Typical monthly rent
$2,014 ▲18% above the county
$1,712
$1,669
$1,413
Typical yearly household income
$97,667 ▲28% above the county
$76,107
$74,568
$80,734
Households that own their home
86% ▲12 points above the county
74%
68%
65%
Typical yearly property tax
$2,665 ▼7% below the county
$2,858
$2,730
$3,119
Effective property tax rate
0.69% ▼0.1 points below the county
0.79%
0.76%
0.94%
Renters with high rent for their income
30% ▼30 points below the county
60%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lee County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Lochmoor Waterway Estates
For a typical $386,200 home in Lochmoor Waterway Estates, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lochmoor Waterway Estates's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,123a month
Least cash to close
Down payment
$13,517
Cash to close
$25,103
Rate
7.18%
Mortgage insurance
FHA MIP · $171
Conventional, 5% down$3,052a month
Down payment
$19,310
Cash to close
$30,896
Rate
7.18%
Mortgage insurance
PMI · $183
Conventional, 20% down, no PMI$2,476a month
Down payment
$77,240
Cash to close
$88,826
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,833a month
Down payment
$57,930
Cash to close
$69,516
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Lochmoor Waterway Estates
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,123
$13,517
$379,205
7.18%
FHA MIP · $171
$25,103
580
Conventional, 5% down
$3,052
$19,310
$366,890
7.18%
PMI · $183
$30,896
620*
Conventional, 20% down, no PMI
$2,476
$77,240
$308,960
7.18%
None
$88,826
620*
ITIN, 15% down (example)
$2,833
$57,930
$328,270
8.18%
None
$69,516
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Lochmoor Waterway Estates is $2,014 a month: 18% above the county. In Lochmoor Waterway Estates, 30% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lee County, by unit size. To pay the 2-bedroom one ($1,835 a month) without spending more than 30% of your income, you would need to earn $35.29 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Lee County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,555
$29.90
$62,200
1 bedroom
$1,564
$30.08
$62,560
2 bedrooms
$1,835
$35.29
$73,400
3 bedrooms
$2,373
$45.63
$94,920
4 bedrooms
$2,615
$50.29
$104,600
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Lochmoor Waterway Estates
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lochmoor Waterway Estates is in ZIP code 33903.
For 2 bedrooms it is $1,770: $65 less than the fair market rent for Lee County ($1,835).
Fair market rent by ZIP code and size in Lochmoor Waterway Estates, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
33903
$1,470
$1,480
$1,770
$2,310
$2,560
ZIP code2 bd3 bd
33903 $1,770$2,310
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lochmoor Waterway Estates when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 3 HUD-approved agencies with an office in Lee County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Lochmoor Waterway Estates or Lee County. The ones below are statewide in Florida: they work in Lochmoor Waterway Estates the same as in the rest of the state.
Florida Housing second loan with no interest and no monthly payments, repaid when you sell or refinance.Offered by Florida Housing Finance Corporation.
The HUD-approved agencies closest to the center of Lochmoor Waterway Estates, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
LC
Lee County Housing Development Corporation
3677 Central Ave Ste F, Fort Myers · 4 miles away · Spanish
1 of the 3 agencies on this list says it serves in Spanish.
Ask for service in Spanish
When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.
Housing authorities of Lochmoor Waterway Estates
HUD’s record names them for Lochmoor Waterway Estates or Lee County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.
Lee County Housing AuthorityPublic housing and Section 8 vouchers(239) 360-8038
No legal help resource on our list is for Lochmoor Waterway Estates or Lee County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Lochmoor Waterway Estates and all of Lee County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Lochmoor Waterway Estates?
The typical home value in Lochmoor Waterway Estates is $386,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lee County it is $362,200.
How much does it cost to rent in Lochmoor Waterway Estates?
Typical rent in Lochmoor Waterway Estates is $2,014 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lee County is $1,835.
What is the FHA loan limit in Lochmoor Waterway Estates?
Lochmoor Waterway Estates uses the FHA limit for all of Lee County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Lochmoor Waterway Estates?
The typical homeowner in Lochmoor Waterway Estates pays $2,665 a year, according to the U.S. Census Bureau. That is 0.69% of the home’s value; in Lee County, the rate is 0.79%.
Where can I find free help to buy or rent in Lochmoor Waterway Estates?
There are 3 HUD-approved counseling agencies with an office in Lee County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
