Latitude 27
5900 Wilkinson Rd,
Sarasota, FL 34233
Studio - 3 Beds | $1,485 - $3,380
Rental Market Trends in Sarasota, FL
What is the average rent in Sarasota, FL?
$1,796/month
Average Rent
751 Sq Ft
Average Apartment Size
-3.2%
Decrease in the Last Year
As of July 2025, the average rent in Sarasota, FL is $1,796 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Sarasota rent prices are 10% higher than the national average. When you rent an apartment in Sarasota, you can expect to pay about $1,263 per month for a studio, $1,796 for a one-bedroom apartment, and around $2,180 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,834 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 3.2%, which averages out to $58 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 July 2025
Legend
2024
2025
Rent Ranges in Sarasota, FL
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
18%
$1,001 - $1,500/month
39%
$1,501 - $2,000/month
37%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Sarasota?
Based on current rent prices, Golden Acres, Sun Haven and Green Acres 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, Central Broadway, Court House and Downtown 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 Whitfield .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Sarasota, FL?
Because the average rent in Sarasota is $1,796, you’ll want to make about $5,986 per month or $71,832 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 4.5% higher than the national average. Generally, housing in Sarasota is 14.1% more expensive than the national average, with rent falling between $1,263 - $2,834. You can expect to pay 7.0% more for groceries, 5.0% more for utilities, and 2.6% 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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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Willow Bridge
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706
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RAM Partners
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.