Average Rent in Sarasota, FL

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Current Versus Historical Sarasota, FL Rents

Sarasota rentals average $0 for a studio rental to $11,000 for a 4-bedroom rental. The median price of all currently available listings is $3,825, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $2,957 (-60.26%) year-over-year from $4,907 to $1,950. 1-bedroom rentals prices have increased by $371 (22.42%) year-over-year from $1,654 to $2,025. 2-bedroom rentals prices have increased by $93 (3.65%) year-over-year from $2,557 to $2,650. 3-bedroom rentals prices have decreased by $257 (-6.97%) year-over-year from $3,682 to $3,425. 4-bedroom rentals prices have decreased by $800 (-9.70%) year-over-year from $8,250 to $7,450. 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 8.95% this month. 1-bedroom rents have gone up by 17.05% this month. 2-bedroom rents have gone up by 24.23% this month. 3-bedroom rents have gone up by 11.99% this month. 4-bedroom rents have gone up by 18.25% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.67 $2,025 $1,654 (22.42%) $1,653 (22.48%)
2 BR $3.03 $2,650 $2,557 (3.65%) $2,275 (16.48%)
3 BR $3.06 $3,425 $3,682 (-6.97%) $2,964 (15.55%)
4+ BR $4.32 $7,450 $8,250 (-9.70%) $5,125 (45.37%)

Historical Rents in Sarasota, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Sarasota

There are a total of 5 cities nearby Sarasota. The average rent in Sarasota is currently $3,300 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 $2,300, is the most affordable city nearby. In contrast, the most expensive city near Sarasota, FL is Longboat 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 17.86% more expensive. Two bedrooms in Sarasota, FL are about 17.14% more expensive. Finally, rent for three bedrooms are about 22.88% more expensive. Want more information? Check out the top 5 cities near Sarasota, FL in the following chart.
City Studio 1 Bed 2 Bed All
Vamo, FL N/A $2,300 $2,250 $2,300
Bradenton, FL $1,173 $1,600 $2,900 $2,800
Gulf Gate Estates, FL N/A N/A $2,295 $3,300
Siesta Key, FL N/A $3,150 $6,900 $7,200
Longboat Key, FL N/A $5,500 $6,500 $7,200

Top Neighborhoods Near Sarasota

There are a total of 3 neighborhoods in or near Sarasota. Some of these neighborhoods include The Meadows, Lakewood Ranch, and Lido Key. We've included all of these top 3 neighborhoods in or near Sarasota, FL in the following chart.

The average rent for these 3 neighborhoods in or near Sarasota, FL is currently around $3,650 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Sarasota, The Meadows has the most affordable average rent at $3,400 per month. Whereas, at $5,650 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 $2,125 $3,700 $3,400
Lakewood Ranch, Myakka City, FL N/A N/A $3,570 $3,650
Lido Key, Sarasota, FL N/A $3,500 $5,850 $5,650

Top Counties Near Sarasota

There are a total of 3 counties located by Sarasota, FL. Some of these counties include Gulf Gate Estates-Osprey, FL, Bradenton, FL, and Sarasota, FL. The average rent for rentals in these counties is $3,363. That's roughly around $3 per sqft. A total of 3 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 $3,000. 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 27.68% more expensive than other counties nearby. Finally, rent for two bedrooms in Sarasota, FL is 5.71% 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 $2,825 $3,000
Bradenton, FL $1,173 $1,750 $2,700 $3,000
Sarasota, FL $1,850 $2,397 $3,775 $3,725
Longboat Key, FL N/A N/A $6,500 $7,000

Top Zipcodes Near Sarasota



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

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 $3,825. 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 $2,800 and an average price per square feet of $3.67. There are a total of 50 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 163 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 -0.60%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by -0.07% year-over-year.
What is a reasonable rent price in Sarasota, FL?
A reasonable rent price in Sarasota, FL is around $3,060/month. You can search for these reasonably priced rental listings on RentHop.
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