216 Luxury Apartments for rent in Sarasota, FL

Last updated August 17 at 1:02am UTC
9393 MIDNIGHT PASS ROAD
Sarasota
Sarasota, FL
Updated August 16 at 10:30pm UTC
2 Bedrooms
$2,900
2933 SEASONS BOULEVARD
Sarasota
Sarasota, FL
Updated August 16 at 10:30pm UTC
4 Bedrooms
$5,500
1729 LARAMIE STREET
Sarasota
Sarasota, FL
Updated August 16 at 10:30pm UTC
2 Bedrooms
$2,995
9397 MIDNIGHT PASS ROAD
Sarasota
Sarasota, FL
Updated August 16 at 10:30pm UTC
2 Bedrooms
$3,200
888 BLVD OF THE ARTS
Sarasota
Sarasota, FL
Updated August 16 at 10:30pm UTC
2 Bedrooms
$4,500
5377 CRESTLAKE BOULEVARD
Sarasota
Sarasota, FL
Updated August 16 at 10:29pm UTC
2 Bedrooms
$3,200
9320 CLUBSIDE CIRCLE
Stoneybrook Golf and Country Club
Sarasota, FL
Updated August 16 at 10:26pm UTC
2 Bedrooms
$2,500
9610 CLUB SOUTH CIRCLE
Stoneybrook Golf and Country Club
Sarasota, FL
Updated August 16 at 10:25pm UTC
2 Bedrooms
$3,900
5271 WILLOW LINKS
The Meadows
Sarasota, FL
Updated August 16 at 10:30pm UTC
2 Bedrooms
$3,200
5216 MANORWOOD DRIVE
Sarasota
Sarasota, FL
Updated August 16 at 10:30pm UTC
3 Bedrooms
$3,200
107 OCEAN PLACE
Sarasota
Sarasota, FL
Updated August 16 at 10:30pm UTC
4 Bedrooms
$16,000
3661 PARKRIDGE CIRCLE
Sarasota
Sarasota, FL
Updated August 16 at 10:30pm UTC
3 Bedrooms
$3,000
159 TAFT DRIVE
Lido Key
Sarasota, FL
Updated August 16 at 10:30pm UTC
3 Bedrooms
$6,000
6501 SADDLE OAK TRAIL
Sarasota
Sarasota, FL
Updated August 16 at 10:30pm UTC
3 Bedrooms
$6,500
1700 BENJAMIN FRANKLIN DRIVE
Lido Key
Sarasota, FL
Updated August 16 at 10:28pm UTC
1 Bedroom
$2,500
1 BEN FRANKLIN DRIVE
Lido Key
Sarasota, FL
Updated August 16 at 10:28pm UTC
2 Bedrooms
$6,000
7110 FAIRWAY BEND LANE
Sarasota
Sarasota, FL
Updated August 16 at 10:26pm UTC
2 Bedrooms
$3,400
9611 CASTLE POINT DRIVE
Stoneybrook Golf and Country Club
Sarasota, FL
Updated August 16 at 10:26pm UTC
2 Bedrooms
$4,200
8750 OLDE HICKORY AVENUE
Stoneybrook Golf and Country Club
Sarasota, FL
Updated August 16 at 10:26pm UTC
2 Bedrooms
$3,900
9330 CLUBSIDE CIRCLE
Stoneybrook Golf and Country Club
Sarasota, FL
Updated August 16 at 10:26pm UTC
2 Bedrooms
$3,900
101 S Gulfstream Ave
Main Street Merchants
Sarasota, FL
Updated August 17 at 1:02am UTC
2 Bedrooms
$3,000

August 2018 Sarasota Rent Report

Welcome to the August 2018 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

August 2018 Sarasota Rent Report

Welcome to the August 2018 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 significantly over the past month

Sarasota rents have declined 0.5% over the past month, but have been relatively flat at 0.2% 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 second straight month that the city has seen rent decreases after an increase in May. Sarasota's year-over-year rent growth lags the state average of 2.1%, as well as the national average of 1.2%.

Rents rising across cities in Florida

Throughout the past year, rents have remained steady in the city of Sarasota, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in Florida, all of them have seen prices rise. The state as a whole logged rent growth of 2.1% 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 Florida cities that we have data for, all have seen rents rise year-over-year, with Orlando experiencing the fastest growth (+5.9%).
  • Tampa, Port St. Lucie, and Hialeah have all experienced year-over-year growth above the state average (4.4%, 3.3%, and 3.2%, 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 $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the stagnant growth in Sarasota.
  • While rents in Sarasota remained moderately stable this year, similar cities saw increases, including Phoenix (+2.4%), Atlanta (+1.8%), and San Francisco (+1.1%); note that median 2BR rents in these cities go for $1,050, $1,180, and $3,090 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.