Uncommon Knowledge
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
Florida’s Cape Coral-Fort Myers metropolitan area has the highest share of rental homes sitting vacant in the entire country, according to recent research from Construction Coverage.
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The report, which analyzed data from the U.S. Census Bureau, found that an average 15.3 percent of rental homes in Cape Coral-Fort Myers were vacant in 2023, up from 8 percent the year before. The median monthly rent in the metro area had also risen from $1,708 in 2022 to $1,967 in 2023, as the percentage of renters that are cost-burdened rose from 56 percent to 59.3 percent.
Within the same period, the percentage of households renting in Cape Coral-Fort Myers dropped from 26.5 percent to 21.5 percent, a decrease which can partially explain the rise in rental home vacancy in the metro area.
At the same time, the nationwide rental vacancy rate was 6.6 percent in the first quarter of 2024—below the historical average of 7.3 percent. The rental market is cooling off across the entire country, but, while prices have decreased since their peak in the third quarter of 2023, rent remains generally higher than many can afford.
Read more: How to Invest in Real Estate
Among the top 25 metro areas with the highest rental vacancy rates were also Jacksonville, Florida (11th with a share of 9.4 percent), Tampa-St. Petersburg-Clearwater, Florida (20th with a share of 8.5 percent) and Miami-Fort Lauderdale-West Palm Beach, Florida (23rd with a share of 8.4 percent).
Higher vacancy rates can generally be found in southern and midwestern states, according to the report, while western and northeastern states have the lowest shares of empty rental homes. This is due to the fact that western and northeastern states have a lower supply of rental units, while demand remains high.
It’s no surprise then that Florida, one of the states that, together with Texas, has been building the highest numbers of new homes in the country in recent years, is seeing higher vacancy rates as inventory grows.
Read more: How Much Is My House Worth? How to Determine Your Home’s Value
A recent Redfin report found that housing markets on Florida’s west coast are cooling faster than any other in the country, with North Port reporting a price fall of 6.6 percentage points in April compared to a year earlier—the biggest drop in the country.
It was followed by two other Florida metros, Tampa and Cape Coral, which recorded price drops of 8 percentage points and 4.6 percentage points respectively within the same period.
“Florida home prices had been going up from 2020-2023 quite rapidly, so Florida is due for a correction,” Daryl Fairweather, Redfin’s chief economist, told Newsweek in a written statement. “The rising cost of living in Florida is also discouraging migration, and high interest rates are dampening the market broadly.”
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
A massive wildfire in Putnam County in northern Florida left Amtrak passengers stranded on a train for more than 24 hours.
One train heading to New York City was forced to turn around, arriving back in Miami Monday night, including one passenger who said he had been on that train for about 38 hours.
He says he and other passengers were left uncertain about what was going on.
“Angry, confused, uncertain, in the dark,” said John Reardon.
Reardon, who lives in New York City, says he boarded the train around 7 a.m. Sunday to go back home. He said around 3 p.m. Sunday, the train stopped near Jacksonville.
“Finally, after about 5 hours, they said we’re not going to New York, we’re going back to Miami,” Reardon said. “One stop at a time.”
Amtrak said for the safety of its passengers, the train couldn’t continue going north because of the fire.
“Amtrak sends a notification to the phone saying, ‘Hey, there’s an issue with the wildfire, it’s too close to the railway,’” said passenger Katrinia Wheeler.
Multiple crews are battling multiple fires in two Florida counties, leaving at least 3,000 acres burned.
“I saw that there was a lot of smoke coming from the woods, and then I saw the fire trucks and emergency services,” Wheeler said.
The train that left Miami at 7 a.m. on Sunday returned around 9 p.m. on Monday, leaving passengers frustrated.
Amtrak corporate says they made the decision out of safety for their customers and said customers would receive full refunds and vouchers.
The Florida Lottery offers several draw games for those hoping to win one of the available jackpots.
Here’s a look at the winning numbers for games played on Sunday, April 19, 2026.
Midday: 06-09-19-34-35
Evening: 08-09-12-25-31
Check Fantasy 5 payouts and previous drawings here.
Morning: 03
Matinee: 08
Afternoon: 04
Evening: 01
Late Night: 07
Check Cash Pop payouts and previous drawings here.
Powerball, Mega Millions jackpots: What to know in case you win
Here’s what to know in case you win the Powerball or Mega Millions jackpot.
Just the FAQs, USA TODAY
Midday: 4-0, FB: 3
Evening: 0-6, FB: 6
Check Pick 2 payouts and previous drawings here.
Midday: 2-9-1, FB: 3
Evening: 3-7-0, FB: 6
Check Pick 3 payouts and previous drawings here.
Midday: 9-7-8-0, FB: 3
Evening: 3-6-7-8, FB: 6
Check Pick 4 payouts and previous drawings here.
Midday: 3-9-3-5-1, FB: 3
Evening: 1-3-1-8-7, FB: 6
Check Pick 5 payouts and previous drawings here.
Tickets can be purchased in person at any authorized retailer throughout Florida, including gas stations, convenience stores and grocery stores. To find a retailer near you, go to Find Florida Lottery Retailers.
Feeling lucky? Explore the latest lottery news & results
You also can claim your winnings by mail if the prize is $250,000 or less. Mail your ticket to the Florida Lottery with the required documentation.
If you’re a winner, Florida law mandates the following information is public record:
This results page was generated automatically using information from TinBu and a template written and reviewed by a Florida digital producer. You can send feedback using this form.
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