208 Luxury Apartments for rent in Sarasota, FL

Last updated September 26 at 5:17AM
4634 MIRADA WAY
Prestancia
Sarasota, FL
Updated August 15 at 4:06AM
2 Bedrooms
$3,000
5205 WEDGEWOOD LANE
The Meadows
Sarasota, FL
Updated September 7 at 11:15AM
2 Bedrooms
$3,300
5102 MANORWOOD DRIVE
Sarasota
Sarasota, FL
Updated September 24 at 10:55AM
3 Bedrooms
$3,000
6501 SADDLE OAK TRAIL
Sarasota
Sarasota, FL
Updated September 26 at 5:17AM
3 Bedrooms
$6,500
1622 STICKNEY POINT ROAD
Sarasota
Sarasota, FL
Updated August 15 at 4:05AM
2 Bedrooms
$2,500
325 AVENIDA MADERA
Sarasota
Sarasota, FL
Updated August 15 at 6:11AM
3 Bedrooms
$7,500
4577 DEER CREEK BOULEVARD
Sarasota
Sarasota, FL
Updated September 21 at 11:28AM
3 Bedrooms
$6,500
1744 PINE HARRIER CIRCLE
The Landings
Sarasota, FL
Updated September 21 at 3:49PM
3 Bedrooms
$3,500
1618 LOMA LINDA STREET
Hudson Bayou
Sarasota, FL
Updated September 7 at 10:35AM
4 Bedrooms
$3,950
9560 HIGH GATE DRIVE
Stoneybrook Golf and Country Club
Sarasota, FL
Updated September 1 at 7:16PM
2 Bedrooms
$4,300
1215 S PORTOFINO DRIVE
Sarasota
Sarasota, FL
Updated September 23 at 6:51PM
2 Bedrooms
$4,000
9580 HIGH GATE DRIVE
Stoneybrook Golf and Country Club
Sarasota, FL
Updated August 15 at 5:43AM
2 Bedrooms
$4,200
1843 BURGOS DRIVE
Sarasota
Sarasota, FL
Updated August 15 at 4:06AM
3 Bedrooms
$4,500
7093 FAIRWAY BEND LANE
Sarasota
Sarasota, FL
Updated August 15 at 4:06AM
2 Bedrooms
$4,200
306 BEACH ROAD
Sarasota
Sarasota, FL
Updated August 15 at 6:00AM
3 Bedrooms
$5,000
9185 MIDNIGHT PASS ROAD
Sarasota
Sarasota, FL
Updated September 23 at 6:50PM
2 Bedrooms
$3,500
1 BEN FRANKLIN DRIVE
Lido Key
Sarasota, FL
Updated September 23 at 6:50PM
2 Bedrooms
$6,000
Silkwood Dr
Sarasota
Sarasota, FL
Updated September 26 at 3:07AM
4 Bedrooms
$3,295
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Rent Report
Sarasota

September 2017 Sarasota Rent Report

Welcome to the September 2017 Sarasota Rent Report. Sarasota rents increased 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 increased slightly over the past month

Sarasota rents have increased 0.2% over the past month, and are up moderately by 2.2% in comparison to the same time last year. Currently, median rents in Sarasota stand at $1,080 for a one-bedroom apartment and $1,380 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in January. Sarasota's year-over-year rent growth lags the state average of 3.6%, as well as the national average of 3.0%.

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 3.6% 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 $2,390; 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 (-0.4%).
  • Orlando, Tampa, and St. Petersburg have all experienced year-over-year growth above the state average (6.4%, 5.6%, and 4.6%, respectively).

Many large cities nationwide show more affordable rents compared to Sarasota

Rent growth in Sarasota has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. 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 3.0% over the past year compared to the 2.2% increase in Sarasota.
  • While rents in Sarasota remained moderately stable this year, similar cities saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Denver (+3.0%); note that median 2BR rents in these cities go for $1,710, $1,020, and $1,350 respectively.
  • 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.