City Report · FL

Sarasota

Pop. 56,970·128th most expensive in Florida·Rental market data updated monthly for Sarasota, FL
Median rent (all units)
$2,218/mo
Year-over-Year
+0.5%
Month-over-Month
-3.2%
vs US Median
+$253
Falling (Monthly)
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Most AffordableMost Expensive
Sarasota · $2,218
More expensive than 70% of US cities · National median $1,965/mo
Rent Reality Score
84/100
Great value
OverheatedFairGreat value

Rents are 17% below what Sarasota's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,218/mo
Expected by trend
$2,668/mo
The Rent Reality Score compares today's median rent to where Sarasota's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,431
1 BR
$1,787
2 BR
$2,087
3 BR
$2,742
4 BR+
$3,284
Research median
$2,087/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$26,616/yr
At $2,218/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 0.5% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.5% YoY, -3.2% MoM), not inventory.
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Demographics

Who lives here

Sarasota, FL is majority owner-occupied, has a large retiree population, 41.8% of residents hold a bachelor's degree or higher.

Population
56,970
Median income
$72,105
Median age
48.2
Renters
42.5%
Age distribution
15.6%
20.9%
20.8%
13.5%
29.2%
Under 1815.6%
18–3420.9%
35–5420.8%
55–6413.5%
65+29.2%
Gender
45.1%
54.9%
Male45.1%
Female54.9%
Race & ethnicity
65.5%
14.7%
17.9%
White65.5%
Black14.7%
Hispanic17.9%
Asian2%
Education (25+)
27.5%
23.2%
41.8%
No HS diploma7.5%
HS diploma27.5%
Some college23.2%
Bachelor's+41.8%
Housing tenure
57.5%
42.5%
Owner57.5%
Renter42.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Sarasota, FL has changed in 5 years

Rent
$1,683 → $2,218
up 31.8%
Income
$62,615 → $72,105
up 15.2%
Population
53,786 → 56,970
up 5.9%
Renter share
43.5% → 42.5%
-1.0 pts
Bachelor's+
38.3% → 41.8%
+3.5 pts
Median age
49 → 48.2
-0.8 yrs

Five years ago, renters in Sarasota, FL paid around $1,683 a month. That figure now sits near $2,218, up 31.8% from the 2021 baseline. On the earnings side, the typical household in Sarasota, FL now reports about $72,105, up from $62,615 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Sarasota, FL adding about 3,184 residents over the five-year window, up 5.9% on net. Bachelor's-degree-or-higher attainment moved from 38.3% to 41.8% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Sarasota, FL reflects that arc in its own way.

Community

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View Sarasota rent history (2015–2026) →
Salary vs rent

Can you afford rent in Sarasota on your salary?

At $2,218/mo, how Sarasota rent compares to typical pay (30% rule).

By apartment size

Sarasota rent by bedroom count

Median rent for each apartment size in Sarasota. Click any size for full breakdown.

Local insights

Tips for renters in Sarasota

About renting in Sarasota, FL

Last updated: July 20, 2026

The median rent in Sarasota is $2,218/mo as of July 2026. A studio apartment averages $1,431/mo while a 2-bedroom runs $2,087/mo. One-bedroom apartments average $1,787/mo and 3-bedroom units go for $2,742/mo.

At 37% of local median household income ($72,105/yr), Sarasota ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

Is Sarasota an affordable city for renters?

Sarasota is considered moderate for renters. At $2,218/mo, rent takes approximately 37% of the local median household income ($72,105/yr). The standard benchmark is 30%. Sarasota slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Sarasota?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,218/mo in Sarasota. The local median household income is $72,105/yr, meaning the typical Sarasota household falls short of that threshold.

Is rent going up or down in Sarasota?

Rent in Sarasota has been relatively stable over the past year, with a 0.5% change year over year as of July 2026.

Which Sarasota neighborhoods have the lowest rent?

The most affordable ZIP codes in Sarasota are 34237 ($1,918/mo), 34238 ($1,995/mo), and 34234 ($2,040/mo). Citywide, the median rent in Sarasota is $2,218/mo.

How does Sarasota rent compare to other cities in Florida?

Sarasota is middle-of-the-pack for Florida for rent, ranking #128 out of 288 tracked cities at $2,218/mo.

Which nearby cities are cheaper to rent in than Sarasota?

Several nearby cities have lower median rents than Sarasota ($2,218/mo): Bradenton ($1,850/mo), Nokomis ($2,148/mo).

What percentage of Sarasota residents rent vs. own?

According to Census data, approximately 42.5% of Sarasota households are renters, while 57.5% are owner-occupied. Sarasota leans toward homeownership, which can mean a smaller rental inventory.

How does Sarasota rent compare to the national average?

Sarasota's median rent of $2,218/mo is $253 (13%) above the US national median of $1,965/mo. Within Florida, it ranks #128 out of 288 tracked cities.
Income Affordability
37%
MODERATE

At $2,218/mo, rent takes ~37% of Sarasota's median household income ($72,105/yr). The standard benchmark is 30%.

Sarasota 37%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Sarasota, FL

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