Ridgelake
5671 Mauna Loa Blvd,
Sarasota, FL 34240
1-3 Beds | $1,890 - $3,960
Rental Market Trends in Sarasota, FL
What is the average rent in Sarasota, FL?
$1,852/month
Average Rent
751 Sq Ft
Average Apartment Size
-2.1%
Decrease in the Last Year
As of February 2025, the average rent in Sarasota, FL is $1,852 per month. This is 19% higher than the national average rent price of $1,556/month, making Sarasota one of the most expensive cities in the US. When you rent an apartment in Sarasota, you can expect to pay about $1,299 per month for a studio, $1,852 for a one-bedroom apartment, and around $2,273 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,952 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Sarasota, FL?
In the past year, rent has decreased by 2.1%, which averages out to $39 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Sarasota, FL
Last Updated February 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
19%
$1,001 - $1,500/month
32%
$1,501 - $2,000/month
43%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Sarasota?
Based on current rent prices, Whitfield, North Sarasota and South Sarasota are the most affordable neighborhoods in Sarasota.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Sarasota?
Based on current rent prices, Downtown Sarasota, South Sarasota and North Sarasota are the most expensive neighborhoods in Sarasota.
Neighborhood
Average Rent
Average Sq Ft
Which Sarasota neighborhoods have the most rentals available?
The neighborhoods in Sarasota with the most apartments available are North Sarasota, Whitfield and South Sarasota .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Sarasota, FL?
Because the average rent in Sarasota is $1,852, you’ll want to make about $6,173 per month or $74,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Sarasota, FL is 4.2% higher than the national average. Generally, housing in Sarasota is 13.7% more expensive than the national average, with rent falling between $1,299 - $2,952. You can expect to pay 4.3% more for groceries, 2.1% more for utilities, and 0.2% more for transportation.
How does Sarasota, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Sarasota, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,036/month
$1,566/month
One Bedroom
$1,768/month
$1,860/month
Two Bedroom
$2,156/month
$2,181/month
Three Bedroom
$2,397/month
$2,870/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.