50 Cheap Apartments for rent in Sarasota, FL

Last updated November 20 at 1:06am UTC
2740 Coconut Bay Ln
Sarasota
Sarasota, FL
Updated November 19 at 2:02am UTC
1 Bedroom
$950
368 CANAL ROAD
Sarasota
Sarasota, FL
Updated August 15 at 6:11am UTC
2 Bedrooms
$295
915 SEASIDE
Sarasota
Sarasota, FL
Updated August 15 at 6:15am UTC
3 Bedrooms
$999
1858 DEBBIE STREET
Sarasota
Sarasota, FL
Updated November 16 at 11:07am UTC
2 Bedrooms
$995
3435 Bee Ridge Rd
Sarasota
Sarasota, FL
Updated November 19 at 10:24am UTC
2 Bedrooms
$1,050
335 BOBBY JONES ROAD
Sarasota
Sarasota, FL
Updated November 4 at 6:19pm UTC
1 Bedroom
$1,050
4532 Swift Rd
Sarasota
Sarasota, FL
Updated November 16 at 12:33pm UTC
1 Bedroom
$850
3001 Bee Ridge Rd
South Gate
Sarasota, FL
Updated November 19 at 5:55pm UTC
1 Bedroom
$925
99 BEACH RD
Sarasota
Sarasota, FL
Updated August 15 at 6:15am UTC
3 Bedrooms
$695
1128 S MOONMIST COURT
Sarasota
Sarasota, FL
Updated November 18 at 1:46am UTC
1 Bedroom
$800
4532 Swift Rd
Sarasota
Sarasota, FL
Updated November 16 at 12:33pm UTC
Studio
$850
4845 RILMA AVENUE
Sarasota
Sarasota, FL
Updated November 3 at 12:07pm UTC
2 Bedrooms
$1,025
1856 DEBBIE STREET
Sarasota
Sarasota, FL
Updated November 16 at 11:07am UTC
2 Bedrooms
$995
541 BEACH RD
Sarasota
Sarasota, FL
Updated August 15 at 6:15am UTC
2 Bedrooms
$199
2755 COCONUT BAY LANE
Sarasota
Sarasota, FL
Updated November 19 at 10:06am UTC
1 Bedroom
$1,000
603 BEACH ROAD
Sarasota
Sarasota, FL
Updated August 15 at 6:15am UTC
3 Bedrooms
$499
Bay St
Alta Vista
Sarasota, FL
Updated November 18 at 8:28am UTC
Studio
$750
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November 2017 Sarasota Rent Report

Welcome to the November 2017 Sarasota Rent Report. Sarasota rents declined over the past month. In this report, we'll evaluate trends in the Sarasota rental market, including comparisons to cities throughout the state and nation.

View full Sarasota Rent Report
Rent Report
Sarasota

November 2017 Sarasota Rent Report

Welcome to the November 2017 Sarasota Rent Report. Sarasota rents declined over the past month. In this report, we'll evaluate trends in the Sarasota rental market, including comparisons to cities throughout the state and nation.

Sarasota rents declined slightly over the past month

Sarasota rents have declined 0.2% over the past month, but are up slightly by 1.7% in comparison to the same time last year. Currently, median rents in Sarasota stand at $1,070 for a one-bedroom apartment and $1,380 for a two-bedroom. Sarasota's year-over-year rent growth lags the state average of 3.5%, as well as the national average of 2.7%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Sarasota, but across the entire state. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,380; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.2%).
  • Orlando, St. Petersburg, and Port St. Lucie have all experienced year-over-year growth above the state average (6.4%, 5.8%, and 5.8%, respectively).

Many large cities nationwide show more affordable rents compared to Sarasota

As rents have increased slightly in Sarasota, large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Sarasota is less affordable for renters.

  • Sarasota's median two-bedroom rent of $1,380 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 1.7% rise in Sarasota.
  • While Sarasota's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Seattle (+4.2%), Phoenix (+4.1%), and Dallas (+2.6%).
  • Renters will generally find more expensive prices in Sarasota than most large cities. For example, Detroit has a median 2BR rent of $890, where Sarasota is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.