Average Rent in 34237, Sarasota, FL

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Current Versus Historical 34237, Sarasota, FL Rents

34237 rentals average $1,650 for a 1-bedroom rental to $9,800 for a 4-bedroom rental. The median price of all currently available listings is $2,850, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $57,055 (-98.66%) year-over-year from $57,830 to $775. 1-bedroom rentals prices have increased by $42 (2.63%) year-over-year from $1,583 to $1,625. 2-bedroom rentals prices have increased by $203 (10.72%) year-over-year from $1,897 to $2,100. 3-bedroom rentals prices have increased by $43 (1.47%) year-over-year from $2,883 to $2,925. 4-bedroom rentals prices have increased by $1,633 (19.76%) year-over-year from $8,267 to $9,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 0.78% this month. 2-bedroom rents have gone up by 6.92% this month. 3-bedroom rents have gone up by 4.15% this month. 4-bedroom rents have gone up by 5.10% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.31 $1,625 $1,583 (2.63%) $1,133 (43.38%)
2 BR $2.17 $2,100 $1,897 (10.72%) $1,349 (55.65%)
3 BR $2.54 $2,925 $2,883 (1.47%) $2,650 (10.38%)
4+ BR $3.41 $9,900 $8,267 (19.76%) $2,235 (342.95%)

Historical Rents in 34237, Sarasota, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 34237

There are a total of 7 cities nearby 34237. The average rent in 34237 is currently $3,100 per month. Only one city nearby has an average rent lower than that. Our records show that Vamo, FL, with an average rent of $2,395, is the most affordable city nearby. In contrast, the most expensive city near 34237, Sarasota, FL is Siesta Key, FL. Monthly rents here are on average $6,900 per month.

Let's compare 34237, Sarasota, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 21.21% more affordable. Two bedrooms in 34237, Sarasota, FL are about 52.17% more affordable. Finally, rent for three bedrooms are about 1.92% more affordable. Want more information? Check out the top 7 cities near 34237, Sarasota, FL in the following chart.
City Studio 1 Bed 2 Bed All
Vamo, FL N/A $2,148 $2,275 $2,395
Bradenton, FL $1,150 $1,400 $2,800 $2,900
The Meadows, FL N/A $1,900 $3,700 $3,000
Gulf Gate Estates, FL N/A N/A $2,400 $3,100
Sarasota, FL N/A $2,000 $3,500 $3,825
Longboat Key, FL N/A $3,425 $6,000 $6,800
Siesta Key, FL N/A $4,400 $6,500 $6,900

Top Neighborhoods Near 34237

There are a total of 4 neighborhoods in or near 34237. Some of these neighborhoods include The Meadows, Lakewood Ranch, and Stoneybrook Golf and Country Club. We've included all of these top 4 neighborhoods in or near 34237, Sarasota, FL in the following chart.

The average rent for these 4 neighborhoods in or near 34237, Sarasota, FL is currently around $4,250 per month. Meaning, only four neighborhoods have a higher average rent than $4,250. Interestingly, the neighborhoods' average rent is higher than 34237's average rent, which is only $2,850. Out of all the neighborhoods in or near 34237, The Meadows has the most affordable average rent at $3,050 per month. Whereas, at $5,300 average rent per month, Lido Key is the most expensive neighborhood in or near 34237. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
The Meadows, FL N/A $1,900 $3,500 $3,050
Lakewood Ranch, Myakka City, FL N/A N/A $3,150 $3,500
Stoneybrook Golf and Country Club, Gulf Gate Estates-Osprey, FL N/A N/A $5,000 $5,000
Lido Key, Sarasota, FL N/A $3,450 $5,400 $5,300

Top Counties Near 34237

There are a total of 4 counties located by 34237, Sarasota, FL. Some of these counties include Bradenton, FL, Gulf Gate Estates-Osprey, FL, and Sarasota, FL. The average rent for rentals in these counties is $3,624. That's roughly around $3 per sqft. The county that is the most affordable is Bradenton, FL. It's average rent per month is $3,200. Vice versa, with an average rent of $7,000, Longboat Key, FL is the most expensive county by 34237, Sarasota, FL.

Typically, rent for studios in 34237, Sarasota, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 34237, Sarasota, FL is 15.53% more affordable than other counties nearby. Finally, rent for two bedrooms in 34237, Sarasota, FL is 40.22% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Bradenton, FL $1,150 $1,813 $2,800 $3,200
Gulf Gate Estates-Osprey, FL N/A $2,300 $2,900 $3,498
Sarasota, FL $1,987 $2,000 $3,550 $3,750
Longboat Key, FL N/A N/A $5,998 $7,000

Top Zipcodes Near 34237

There are a total of 12 zipcodes in or near 34237, Sarasota, FL. The average rent for all of these zipcodes is $3,300.

The following chart includes the top 10 zipcodes in 34237, Sarasota, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
34236, Sarasota, FL N/A $2,499 $4,548 $4,500
34231, Gulf Gate Estates, FL N/A $2,200 $2,400 $2,900
34238, Gulf Gate Estates-Osprey, FL N/A $1,800 $3,700 $3,550
34228, Longboat Key, FL N/A $3,425 $6,000 $6,800
34242, Siesta Key, FL N/A $4,400 $6,500 $6,750
34243, Bradenton, FL N/A $2,237 $2,500 $3,100
34235, The Meadows, FL N/A $1,900 $3,000 $3,000
34209, Bradenton, FL N/A $2,295 $2,800 $3,050
34210, Bradenton, FL N/A $2,200 $3,000 $3,500
34239, Southgate, FL N/A $1,595 $2,100 $4,000

Frequently Asked Questions - 34237 Average Rents

What is the average rent price in 34237, Sarasota, FL?
The average monthly rental price for 34237, Sarasota, FL apartments for rent is approximately $2,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 34237, Sarasota, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 34237, Sarasota, FL.
How much is a studio apartment in 34237, Sarasota, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 34237.
How much is a one bedroom apartment in 34237, Sarasota, FL?
The average monthly rental price for one bedroom apartments is $1,650 and an average price per square feet of $2.31. There are a total of 11 one bedroom apartment listings currently available for rent in 34237.
How much is a two bedroom apartment in 34237, Sarasota, FL?
The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $2.17. There are a total of 19 two bedroom apartment listings currently available for rent in 34237.
How have rent prices in 34237, Sarasota, FL changed this year?
Rent prices for rentals in 34237, Sarasota, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.99%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in 34237, Sarasota, FL?
A reasonable rent price in 34237, Sarasota, FL is around $2,280/month. You can search for these reasonably priced rental listings on RentHop.
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