Average Rent in Siesta Key, FL

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Current Versus Historical Siesta Key, FL Rents

Siesta Key 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 $6,900, or roughly $5 per square feet.
For the apartment units and housing in May 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 $1,035 (38.84%) year-over-year from $2,665 to $3,700. 2-bedroom rentals prices have increased by $708 (22.19%) year-over-year from $3,192 to $3,900. 3-bedroom rentals prices have increased by $464 (7.61%) year-over-year from $6,098 to $6,563. 4-bedroom rentals prices have increased by $10,333 (92.54%) year-over-year from $11,167 to $21,500. 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 down by 3.06% this month. 2-bedroom rents have gone down by 12.69% this month. 3-bedroom rents have gone up by 2.21% this month. 4-bedroom rents have gone up by 41.76% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $5.64 $3,700 $2,665 (38.84%) $1,708 (116.69%)
2 BR $5.74 $3,900 $3,192 (22.19%) $3,750 (4.00%)
3 BR $4.79 $6,563 $6,098 (7.61%) $5,770 (13.73%)
4+ BR $4.52 $21,500 $11,167 (92.54%) $5,252 (309.39%)

Historical Rents in Siesta Key, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Siesta Key

There are a total of 3 cities nearby Siesta Key. The average rent in Siesta Key is currently $3,200 per month. A total of 3 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 Siesta Key, FL is Sarasota, FL. Monthly rents here are on average $3,800 per month.

Let's compare Siesta Key, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 54.55% more expensive. Two bedrooms in Siesta Key, FL are about 63.08% more expensive. Finally, rent for three bedrooms are about 55.20% more expensive. Want more information? Check out the top 3 cities near Siesta Key, FL in the following chart.
City Studio 1 Bed 2 Bed All
Vamo, FL N/A $2,148 $2,275 $2,395
Gulf Gate Estates, FL N/A N/A $2,400 $3,200
Sarasota, FL N/A $2,000 $3,500 $3,800

Top Neighborhoods Near Siesta Key

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

The average rent for these 1 neighborhoods in or near Siesta Key, FL is currently around $5,300 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Siesta Key, Lido Key has the most affordable average rent at $5,300 per month. Whereas, at $5,300 average rent per month, Lido Key is the most expensive neighborhood in or near Siesta Key. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Lido Key, Sarasota, FL N/A $3,450 $5,400 $5,300

Top Counties Near Siesta Key

There are a total of 1 counties located by 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 Siesta Key, FL.

In comparison, rent for one bedroom listings in Siesta Key, FL is 47.73% more expensive than other counties nearby. Finally, rent for two bedrooms in Siesta Key, FL is 55.00% 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 $2,925 $3,500

Top Zipcodes Near Siesta Key

There are a total of 5 zipcodes in or near Siesta Key, FL. The average rent for all of these zipcodes is $4,000. A total of 5 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 $6,750 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 Siesta Key, FL is $2,200 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,400 per month. Which comes out to $2 per sqft. The following chart includes the top 5 zipcodes in 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 $2,499 $4,548 $4,500
34231, Gulf Gate Estates, FL N/A $2,200 $2,400 $2,900
34242, Siesta Key, FL N/A $4,400 $6,500 $6,750
34239, Southgate, FL N/A $1,595 $2,250 $4,000
34237, Sarasota, FL N/A $1,650 $2,300 $2,800

Frequently Asked Questions - Siesta Key Average Rents

What is the average rent price in Siesta Key, FL?
The average monthly rental price for Siesta Key, FL apartments for rent is approximately $6,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Siesta Key, FL.
How much is a studio apartment in 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 Siesta Key.
How much is a one bedroom apartment in 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 13 one bedroom apartment listings currently available for rent in Siesta Key.
How much is a two bedroom apartment in Siesta Key, FL?
The average monthly rental price for two bedroom apartments is $6,500 and an average price per square feet of $5.74. There are a total of 94 two bedroom apartment listings currently available for rent in Siesta Key.
How have rent prices in Siesta Key, FL changed this year?
Rent prices for rentals in Siesta Key, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.39%, two bedroom rental prices have changed by 0.22%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Siesta Key, FL?
A reasonable rent price in Siesta Key, FL is around $5,520/month. You can search for these reasonably priced rental listings on RentHop.
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