48 Cheap Apartments for rent in Sarasota, FL

Last updated July 17 at 9:21pm UTC
Hidden Acres Apartments
1284 Hidden Cir E
Sarasota, FL
Updated July 17 at 9:21pm UTC
Studio
$715
1 Bedroom
$818
2 Bedrooms
$1,015
Shadowood
1927 Sanford Cir
Sarasota, FL
Updated July 17 at 9:20pm UTC
Studio
Ask
1 Bedroom
$829
2 Bedrooms
Ask
Huntington Place
3201 Huntington Pl Dr
Sarasota, FL
Updated July 17 at 7:54pm UTC
1 Bedroom
$1,020
2 Bedrooms
$1,290
3001 BEE RIDGE ROAD
South Gate
Sarasota, FL
Updated July 17 at 6:43pm UTC
1 Bedroom
$950
4845 RILMA AVENUE
Sarasota
Sarasota, FL
Updated July 17 at 6:43pm UTC
2 Bedrooms
$1,050
6005 MIDNIGHT PASS ROAD
Sarasota
Sarasota, FL
Updated July 17 at 6:42pm UTC
2 Bedrooms
$925
1853 TOUCAN WAY
Sarasota
Sarasota, FL
Updated July 16 at 10:13am UTC
1 Bedroom
$995
4800 RILMA AVENUE
Sarasota
Sarasota, FL
Updated July 13 at 10:52pm UTC
2 Bedrooms
$1,025
2055 ARLINGTON STREET
Arlington Park
Sarasota, FL
Updated July 12 at 10:53pm UTC
1 Bedroom
$1,000
99 BEACH RD
Sarasota
Sarasota, FL
Updated July 7 at 6:50pm UTC
3 Bedrooms
$695
2155 WOOD STREET
Alta Vista
Sarasota, FL
Updated July 6 at 3:13am UTC
1 Bedroom
$1,025
1117 PATTERSON DRIVE
Sarasota
Sarasota, FL
Updated June 16 at 2:24am UTC
1 Bedroom
$1,000
335 BOBBY JONES ROAD
Sarasota
Sarasota, FL
Updated April 18 at 12:40am UTC
1 Bedroom
$1,050
368 CANAL ROAD
Sarasota
Sarasota, FL
Updated April 18 at 12:37am UTC
2 Bedrooms
$295
915 SEASIDE
Sarasota
Sarasota, FL
Updated April 18 at 12:37am UTC
3 Bedrooms
$999
603 BEACH ROAD
Sarasota
Sarasota, FL
Updated April 18 at 12:37am UTC
3 Bedrooms
$499
543 BEACH ROAD
Sarasota
Sarasota, FL
Updated April 18 at 12:37am UTC
2 Bedrooms
$199
2730 Proctor Rd
Sarasota
Sarasota, FL
Updated July 17 at 5:19pm UTC
2 Bedrooms
$1,000
4041 Crockers Lake Blvd
Sarasota
Sarasota, FL
Updated July 14 at 9:48am UTC
1 Bedroom
$950
221 Magellan Drive
Whitfield
Sarasota, FL
Updated July 12 at 9:40am UTC
1 Bedroom
$650
4532 Swift Rd
Sarasota
Sarasota, FL
Updated July 4 at 9:17am UTC
1 Bedroom
$850
4532 Swift Rd
Sarasota
Sarasota, FL
Updated July 3 at 7:24pm UTC
Studio
$850

July 2018 Sarasota Rent Report

Welcome to the July 2018 Sarasota Rent Report. Sarasota rents remained steady 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

July 2018 Sarasota Rent Report

Welcome to the July 2018 Sarasota Rent Report. Sarasota rents remained steady 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 held steady over the past month

Sarasota rents have remained flat over the past month, however, they are up slightly by 1.1% year-over-year. Currently, median rents in Sarasota stand at $1,080 for a one-bedroom apartment and $1,390 for a two-bedroom. Sarasota's year-over-year rent growth lags the state average of 2.6%, as well as the national average of 1.4%.

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 2.6% 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 $2,410; of the 10 largest cities in the state that we have data for, Cape Coral, where a two-bedroom goes for $1,110, is the only major city to see rents fall year-over-year (-1.2%).
  • Orlando, Tampa, and Hialeah have all experienced year-over-year growth above the state average (6.2%, 4.6%, and 3.9%, respectively).

Many large cities nationwide show more affordable rents compared to Sarasota

As rents have increased slightly in Sarasota, other 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 $1,390 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 1.1% rise in Sarasota.
  • While Sarasota's rents rose slightly over the past year, many cities nationwide saw decreases, including Seattle (-2.0%), DC (-0.1%), and Minneapolis (-0.1%).
  • 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.