Average Rent in Sarasota, FL

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Current Versus Historical Sarasota, FL Rents

Sarasota rentals average $0 for a studio rental to $10,000 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $3 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 $39,067 (-94.90%) year-over-year from $41,167 to $2,100. 1-bedroom rentals prices have increased by $67 (3.85%) year-over-year from $1,733 to $1,800. 2-bedroom rentals prices have increased by $992 (49.38%) year-over-year from $2,008 to $3,000. 3-bedroom rentals prices have increased by $302 (10.88%) year-over-year from $2,773 to $3,075. 4-bedroom rentals prices have increased by $1,249 (15.61%) year-over-year from $8,002 to $9,251. 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 up by 76.13% this month. 1-bedroom rents have gone down by 1.64% this month. 2-bedroom rents have gone up by 19.84% this month. 3-bedroom rents have gone up by 4.83% this month. 4-bedroom rents have gone up by 94.74% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.50 $1,800 $1,733 (3.85%) $1,208 (49.07%)
2 BR $3.03 $3,000 $2,008 (49.38%) $1,814 (65.37%)
3 BR $3.20 $3,075 $2,773 (10.88%) $3,450 (-10.87%)
4+ BR $4.09 $9,251 $8,002 (15.61%) $5,404 (71.17%)

Historical Rents in Sarasota, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Sarasota

There are a total of 6 cities nearby Sarasota. The average rent in Sarasota is currently $3,250 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 Sarasota, FL is Siesta Key, FL. Monthly rents here are on average $7,200 per month.

Let's compare Sarasota, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 4.17% more affordable. Two bedrooms in Sarasota, FL are about 13.57% more expensive. Finally, rent for three bedrooms are about 41.92% more expensive. Want more information? Check out the top 6 cities near Sarasota, FL in the following chart.
City Studio 1 Bed 2 Bed All
Vamo, FL N/A $2,300 $2,250 $2,400
Bradenton, FL $1,173 $1,650 $2,800 $2,995
The Meadows, FL N/A $2,075 $3,250 $2,999
Gulf Gate Estates, FL N/A N/A $2,500 $3,500
Longboat Key, FL N/A $3,750 $6,000 $7,000
Siesta Key, FL N/A $4,400 $6,900 $7,200

Top Neighborhoods Near Sarasota

There are a total of 4 neighborhoods in or near Sarasota. 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 Sarasota, FL in the following chart.

The average rent for these 4 neighborhoods in or near Sarasota, FL is currently around $4,250 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $4,250. Interestingly, the neighborhoods' average rent is higher than Sarasota's average rent, which is only $3,500. Out of all the neighborhoods in or near Sarasota, The Meadows has the most affordable average rent at $3,100 per month. Whereas, at $5,500 average rent per month, Lido Key is the most expensive neighborhood in or near Sarasota. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
The Meadows, FL N/A $2,075 $3,300 $3,100
Lakewood Ranch, Myakka City, FL N/A N/A $3,250 $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 $5,500 $5,500

Top Counties Near Sarasota

There are a total of 4 counties located by 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 $3,550. That's roughly around $3 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 Sarasota, FL.

Typically, rent for studios in Sarasota, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Sarasota, FL is 7.15% more expensive than other counties nearby. Finally, rent for two bedrooms in Sarasota, FL is 8.61% 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 $1,173 $1,825 $2,800 $3,200
Gulf Gate Estates-Osprey, FL N/A $2,300 $2,898 $3,500
Sarasota, FL $1,987 $2,075 $3,500 $3,600
Longboat Key, FL N/A N/A $6,000 $7,000

Top Zipcodes Near Sarasota

There are a total of 13 zipcodes in or near Sarasota, FL. The average rent for all of these zipcodes is $3,100. A total of 9 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 $7,200 per month is 34242, Siesta Key, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Sarasota, FL is $2,048 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,800 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 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 $2,300 $4,300 $4,200
34231, Gulf Gate Estates, FL N/A $2,048 $2,500 $2,950
34238, Gulf Gate Estates-Osprey, FL N/A $1,785 $3,500 $3,500
34228, Longboat Key, FL N/A $3,750 $6,000 $7,000
34242, Siesta Key, FL N/A $4,400 $6,500 $7,200
34243, Bradenton, FL N/A $2,619 $2,500 $3,000
34235, The Meadows, FL N/A $1,900 $3,000 $2,900
34209, Bradenton, FL N/A $2,195 $2,800 $3,100
34210, Bradenton, FL N/A $2,250 $3,000 $3,500
34239, Southgate, FL N/A $1,595 $2,500 $4,200

Frequently Asked Questions - Sarasota Average Rents

What is the average rent price in Sarasota, FL?
The average monthly rental price for Sarasota, FL apartments for rent is approximately $3,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Sarasota, FL.
How much is a studio apartment in 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 1 studio apartment listings currently available for rent in Sarasota.
How much is a one bedroom apartment in Sarasota, FL?
The average monthly rental price for one bedroom apartments is $2,100 and an average price per square feet of $3.50. There are a total of 78 one bedroom apartment listings currently available for rent in Sarasota.
How much is a two bedroom apartment in Sarasota, FL?
The average monthly rental price for two bedroom apartments is $3,500 and an average price per square feet of $3.03. There are a total of 181 two bedroom apartment listings currently available for rent in Sarasota.
How have rent prices in Sarasota, FL changed this year?
Rent prices for rentals in Sarasota, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.95%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.49%, and three bedroom rental prices have changed by 0.11% year-over-year.
What is a reasonable rent price in Sarasota, FL?
A reasonable rent price in Sarasota, FL is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.
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