The Adley Lakewood Ranch Waterside
2401 Lakewood Ranch Blvd,
Sarasota, FL 34240
1-2 Beds | $1,647 - $2,825
Rental Market Trends in Sarasota, FL
What is the average rent in Sarasota, FL?
$1,842/month
Average Rent
751 Sq Ft
Average Apartment Size
-1.1%
Decrease in the Last Year
As of December 2024, the average rent in Sarasota, FL is $1,842 per month. This is 18% higher than the national average rent price of $1,560/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 $1,280 per month for a studio, $1,842 for a one-bedroom apartment, and around $2,258 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,989 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 1.1%, which averages out to $19 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 December 2024
Legend
2023
2024
Rent Ranges in Sarasota, FL
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
8%
$700 - $1,000/month
18%
$1,001 - $1,500/month
32%
$1,501 - $2,000/month
42%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Sarasota?
Based on current rent prices, South Sarasota, North Sarasota and Downtown 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, North Sarasota and South 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, South Sarasota and Downtown 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 $1,842, you’ll want to make about $6,140 per month or $73,680 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.
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
$1,569/month
$1,539/month
One Bedroom
$1,667/month
$1,812/month
Two Bedroom
$1,965/month
$2,156/month
Three Bedroom
$2,529/month
$2,881/month
Nearby City Rent Trends
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BH
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324
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90,886
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195
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66
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21,922
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Insula Companies
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11
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1,588
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Greystar
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3,186
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882,573
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828
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SPM Property Management
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56
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8,374
Units
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37
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3 Communities in Sarasota
Willow Bridge
-
680
Communities
-
186,385
Units
-
311
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2 Communities in Sarasota
Bozzuto
-
351
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-
107,559
Units
-
151
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2 Communities in Sarasota
Two Coast Living
-
92
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-
28,099
Units
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79
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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.