How much is a home worth in ZIP code 34135?

The typical home in 34135 is worth $463,845, based on the Zillow Home Value Index.

Are home values rising in 34135?

Home values in 34135 are down 6.9% over the past year, and up 6.4% a year over five years.

What is the typical rent in 34135?

A typical home in 34135 rents for about $2,438 a month, a gross rental yield of 6.3%.

What is the property tax rate in 34135?

The effective property tax rate in 34135 is 0.8% — roughly $3,654 a year on a typical home.

ZIP code 34135 has a population of 48,252 and a median household income of $91,380.

HousingHandbookReference data

…

U.S. ZIP Code · FL34135

Lee County · Cape Coral-Fort Myers, FL

Typical home value

$463,845^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -6.9%
5-year / yr: +6.4%
10-year / yr: +4.7%

Relative price

vs U.S.: +63.3%
vs metro: +35.9%
vs state: +33.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 34135 is worth $463,845 — 35.9% above the Cape Coral-Fort Myers, FL median. Over the past year, values have fallen 6.9%. Homes here rent for a typical $2,438 a month — a 6.3% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,438^[2]
Gross yield: 6.3%^[2]
Cap rate: 3.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $3,654^[3]

#Climate risk

FEMA National Risk Index ratings for Lee County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Very High
Wildfire: Relatively Moderate
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very High
Tornado: Relatively Moderate
Earthquake: Very Low
Winter weather: No Rating

#Who lives here

Population: 48,252^[3]
Median household income: $91,380^[3]

#Migration

Household moves in and out of Lee County over a year, from IRS tax-return data.

Net migration: +2,109^[5]
Moved in: 27,809
Moved out: 25,700

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 4
Middle: 1
High: 1

BONITA SPRINGS HIGH SCHOOL
High · Grades 9–12 · LEE
1,528 students
BONITA SPRINGS CHARTER SCHOOL
Elementary · Grades K–8 · LEE
1,320 students
BONITA SPRINGS MIDDLE CENTER FOR THE ARTS
Middle · Grades 6–8 · LEE
775 students
OAK CREEK CHARTER SCHOOL OF BONITA SPRINGS
Elementary · Grades K–8 · LEE
626 students
SPRING CREEK ELEMENTARY SCHOOL
Elementary · Grades PK–5 · LEE
620 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.3%

Net yield (after ~40% expenses)3.8%

Annual rent$29,251

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,345

Loan principal$371,076

Down payment$92,769

Total interest paid$473,287

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.25

Monthly cost to own$3,037

Monthly rent$2,438

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 91st percentile^[1]
Rental yield: 24th percentile^[2]
Property tax: 61st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 34135?: The typical home in 34135 is worth $463,845, based on the Zillow Home Value Index.
Are home values rising in 34135?: Home values in 34135 are down 6.9% over the past year, and up 6.4% a year over five years.
What is the typical rent in 34135?: A typical home in 34135 rents for about $2,438 a month, a gross rental yield of 6.3%.
What is the property tax rate in 34135?: The effective property tax rate in 34135 is 0.8% — roughly $3,654 a year on a typical home.
Who lives in 34135?: ZIP code 34135 has a population of 48,252 and a median household income of $91,380.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

33928 vs 34135 →
Estero, FL
Typical home
$480,249
Gross yield
6.0%
33913 vs 34135 →
Fort Myers, FL
Typical home
$445,242
Gross yield
5.6%
33931
Fort Myers Beach, FL
Typical home
$495,479
Gross yield
—
33956
St. James City CDP, FL
Typical home
$428,403
Gross yield
—
33914
Cape Coral, FL
Typical home
$422,133
Gross yield
5.4%
33920
Alva CDP, FL
Typical home
$387,083
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 34135 against any other ZIP — full side-by-side table.

Compare 34135 →

#Jump to section

U.S. ZIP Code · FL34135

Get more data on ZIPs like this

Get more data on ZIPs like this