Average Rent in Longboat Key, FL

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Current Versus Historical Longboat Key, FL Rents

Longboat Key rentals average $3,425 for a 1-bedroom rental to $15,450 for a 4-bedroom rental. The median price of all currently available listings is $6,800, or roughly $5 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,987 to $1,987. 1-bedroom rentals prices have decreased by $700 (-17.72%) year-over-year from $3,950 to $3,250. 2-bedroom rentals prices have increased by $683 (15.83%) year-over-year from $4,317 to $5,000. 3-bedroom rentals prices have increased by $2,750 (42.31%) year-over-year from $6,500 to $9,250. 4-bedroom rentals prices have decreased by $2,586 (-14.70%) year-over-year from $17,586 to $15,000. 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 down by 20.41% this month. 2-bedroom rents have gone down by 20.21% this month. 3-bedroom rents have gone up by 7.98% this month. 4-bedroom rents have gone up by 12.50% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.93 $3,250 $3,950 (-17.72%) $2,923 (11.18%)
2 BR $4.61 $5,000 $4,317 (15.83%) $1,867 (167.86%)
3 BR $4.49 $9,250 $6,500 (42.31%) $6,900 (34.06%)
4+ BR $4.72 $15,000 $17,586 (-14.70%) $9,091 (65.00%)

Historical Rents in Longboat Key, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Longboat Key

There are a total of 6 cities nearby Longboat Key. The average rent in Longboat Key is currently $3,050 per month. A total of 5 cities nearby have 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 Longboat Key, FL is Siesta Key, FL. Monthly rents here are on average $6,900 per month.

Let's compare Longboat Key, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 43.07% more expensive. Two bedrooms in Longboat Key, FL are about 49.58% more expensive. Finally, rent for three bedrooms are about 60.57% more expensive. Want more information? Check out the top 6 cities near Longboat Key, FL in the following chart.
City Studio 1 Bed 2 Bed All
Vamo, FL N/A $2,148 $2,275 $2,395
The Meadows, FL N/A $1,900 $3,250 $2,700
Bradenton, FL N/A $1,400 $2,800 $2,900
Gulf Gate Estates, FL N/A N/A $2,400 $3,200
Sarasota, FL N/A $2,000 $3,500 $3,800
Siesta Key, FL N/A $4,400 $6,500 $6,900

Top Neighborhoods Near Longboat Key

There are a total of 3 neighborhoods in or near Longboat Key. Some of these neighborhoods include The Meadows, Stoneybrook Golf and Country Club, and Lido Key. We've included all of these top 3 neighborhoods in or near Longboat Key, FL in the following chart.

The average rent for these 3 neighborhoods in or near Longboat Key, FL is currently around $5,000 per month. A total of 3 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Longboat Key, The Meadows has the most affordable average rent at $3,000 per month. Whereas, at $5,300 average rent per month, Lido Key is the most expensive neighborhood in or near Longboat Key. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
The Meadows, FL N/A $1,900 $3,200 $3,000
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 Longboat Key

There are a total of 3 counties located by Longboat Key, FL. Some of these counties include Bradenton, FL, Gulf Gate Estates-Osprey, FL, and Longboat Key, FL. The average rent for rentals in these counties is $3,500. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. 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 Longboat Key, FL.

In comparison, rent for one bedroom listings in Longboat Key, FL is 47.08% more expensive than other counties nearby. Finally, rent for two bedrooms in Longboat Key, FL is 51.25% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Bradenton, FL N/A $1,813 $2,814 $3,200
Gulf Gate Estates-Osprey, FL N/A $2,300 $2,925 $3,500
Longboat Key, FL N/A N/A $5,998 $7,000

Top Zipcodes Near Longboat Key

There are a total of 14 zipcodes in or near Longboat Key, FL. The average rent for all of these zipcodes is $3,075. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 34232, Fruitville, FL at $2,500 per month. In comparison, the zipcode with the most expensive average rent of $6,800 per month is 34228, Longboat Key, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Longboat Key, FL is $2,200 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,650 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Longboat 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 $2,499 $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 $3,500
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 $2,900 $2,800
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 $2,250 $4,000

Frequently Asked Questions - Longboat Key Average Rents

What is the average rent price in Longboat Key, FL?
The average monthly rental price for Longboat Key, FL apartments for rent is approximately $6,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Longboat 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 Longboat Key, FL.
How much is a studio apartment in Longboat 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 Longboat Key.
How much is a one bedroom apartment in Longboat Key, FL?
The average monthly rental price for one bedroom apartments is $3,425 and an average price per square feet of $4.93. There are a total of 4 one bedroom apartment listings currently available for rent in Longboat Key.
How much is a two bedroom apartment in Longboat Key, FL?
The average monthly rental price for two bedroom apartments is $6,000 and an average price per square feet of $4.61. There are a total of 89 two bedroom apartment listings currently available for rent in Longboat Key.
How have rent prices in Longboat Key, FL changed this year?
Rent prices for rentals in Longboat Key, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.18%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.42% year-over-year.
What is a reasonable rent price in Longboat Key, FL?
A reasonable rent price in Longboat Key, FL is around $5,440/month. You can search for these reasonably priced rental listings on RentHop.
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