Average Rent in 34242, Siesta Key, FL

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Current Versus Historical 34242, Siesta Key, FL Rents

34242 rentals average $4,400 for a 1-bedroom rental to $12,750 for a 4-bedroom rental. The median price of all currently available listings is $7,200, or roughly $5 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,300 to $1,300. 1-bedroom rentals prices have increased by $2,453 (83.26%) year-over-year from $2,947 to $5,400. 2-bedroom rentals prices have increased by $2,583 (65.96%) year-over-year from $3,917 to $6,500. 3-bedroom rentals prices have increased by $918 (14.74%) year-over-year from $6,232 to $7,150. 4-bedroom rentals prices have increased by $5,833 (87.49%) year-over-year from $6,667 to $12,500. 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 23.19% this month. 2-bedroom rents have gone up by 25.83% this month. 3-bedroom rents have gone up by 11.57% this month. 4-bedroom rents have gone up by 4.17% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $5.64 $5,400 $2,947 (83.26%) $1,498 (260.40%)
2 BR $6.10 $6,500 $3,917 (65.96%) $2,882 (125.56%)
3 BR $4.79 $7,150 $6,232 (14.74%) $5,918 (20.83%)
4+ BR $4.49 $12,500 $6,667 (87.49%) $5,993 (108.59%)

Historical Rents in 34242, Siesta Key, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 34242

There are a total of 4 cities nearby 34242. The average rent in 34242 is currently $3,575 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Vamo, FL, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near 34242, Siesta Key, FL is Siesta Key, FL. Monthly rents here are on average $7,200 per month.

Let's compare 34242, Siesta Key, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 48.86% more expensive. Two bedrooms in 34242, Siesta Key, FL are about 53.85% more expensive. Finally, rent for three bedrooms are about 40.44% more expensive. Want more information? Check out the top 4 cities near 34242, Siesta Key, FL in the following chart.
City Studio 1 Bed 2 Bed All
Vamo, FL N/A $2,300 $2,400 $2,400
Gulf Gate Estates, FL N/A N/A $2,500 $3,525
Sarasota, FL N/A $2,200 $3,500 $3,625
Siesta Key, FL N/A $4,400 $6,900 $7,200

Top Neighborhoods Near 34242

There are a total of 1 neighborhoods in or near 34242. We've included all of these top 1 neighborhoods in or near 34242, Siesta Key, FL in the following chart.

The average rent for these 1 neighborhoods in or near 34242, Siesta Key, FL is currently around $5,500 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near 34242, Lido Key has the most affordable average rent at $5,500 per month. Whereas, at $5,500 average rent per month, Lido Key is the most expensive neighborhood in or near 34242. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Lido Key, Sarasota, FL N/A $3,450 $5,600 $5,500

Top Counties Near 34242

There are a total of 1 counties located by 34242, Siesta Key, FL. The average rent for rentals in these counties is $3,500. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Gulf Gate Estates-Osprey, FL. It's average rent per month is $3,500. Vice versa, with an average rent of $3,500, Gulf Gate Estates-Osprey, FL is the most expensive county by 34242, Siesta Key, FL.

In comparison, rent for one bedroom listings in 34242, Siesta Key, FL is 47.73% more expensive than other counties nearby. Finally, rent for two bedrooms in 34242, Siesta Key, FL is 56.19% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Gulf Gate Estates-Osprey, FL N/A $2,300 $2,848 $3,500

Top Zipcodes Near 34242

There are a total of 4 zipcodes in or near 34242, Siesta Key, FL. The average rent for all of these zipcodes is $3,536. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 34237, Sarasota, FL at $2,800 per month. In comparison, the zipcode with the most expensive average rent of $4,200 per month is 34236, Sarasota, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 34242, Siesta Key, FL is $1,863 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,500 per month. Which comes out to $2 per sqft. The following chart includes the top 4 zipcodes in 34242, Siesta Key, 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 $2,400 $4,500 $4,200
34231, Gulf Gate Estates, FL N/A $2,100 $2,500 $2,973
34239, Southgate, FL N/A $1,550 $2,500 $4,100
34237, Sarasota, FL N/A $1,625 $2,273 $2,800

Frequently Asked Questions - 34242 Average Rents

What is the average rent price in 34242, Siesta Key, FL?
The average monthly rental price for 34242, Siesta Key, FL apartments for rent is approximately $7,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 34242, Siesta Key, 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 34242, Siesta Key, FL.
How much is a studio apartment in 34242, Siesta Key, 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 34242.
How much is a one bedroom apartment in 34242, Siesta Key, FL?
The average monthly rental price for one bedroom apartments is $4,400 and an average price per square feet of $5.64. There are a total of 15 one bedroom apartment listings currently available for rent in 34242.
How much is a two bedroom apartment in 34242, Siesta Key, FL?
The average monthly rental price for two bedroom apartments is $6,500 and an average price per square feet of $6.10. There are a total of 108 two bedroom apartment listings currently available for rent in 34242.
How have rent prices in 34242, Siesta Key, FL changed this year?
Rent prices for rentals in 34242, Siesta Key, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.83%, two bedroom rental prices have changed by 0.66%, and three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in 34242, Siesta Key, FL?
A reasonable rent price in 34242, Siesta Key, FL is around $5,760/month. You can search for these reasonably priced rental listings on RentHop.
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