234 Luxury Apartments for rent in Sarasota, FL

Last updated January 20 at 2:34pm UTC
5228 LAKE VILLAGE DRIVE
The Meadows
Sarasota, FL
Updated January 3 at 11:51am UTC
2 Bedrooms
$3,500
1300 N PORTOFINO DRIVE
Sarasota
Sarasota, FL
Updated January 3 at 12:00pm UTC
2 Bedrooms
$4,000
1624 STICKNEY POINT ROAD
Sarasota
Sarasota, FL
Updated January 3 at 11:51am UTC
1 Bedroom
$2,900
5727 BEAURIVAGE AVENUE
Sarasota
Sarasota, FL
Updated January 3 at 11:52am UTC
3 Bedrooms
$2,500
1215 S PORTOFINO DRIVE
Sarasota
Sarasota, FL
Updated January 13 at 7:13pm UTC
2 Bedrooms
$4,200
1800 BENJAMIN FRANKLIN DRIVE
Lido Key
Sarasota, FL
Updated January 4 at 12:45pm UTC
2 Bedrooms
$6,500
1102 BEN FRANKLIN DRIVE
Lido Key
Sarasota, FL
Updated January 20 at 9:42am UTC
2 Bedrooms
$5,500
5570 ROCK DOVE DRIVE
Sarasota
Sarasota, FL
Updated January 12 at 1:34am UTC
5 Bedrooms
$3,995
6706 SARASEA CIRCLE
Sarasota
Sarasota, FL
Updated January 3 at 11:57am UTC
2 Bedrooms
$3,600
927 Contento Street
Sarasota
Sarasota, FL
Updated January 20 at 2:03am UTC
3 Bedrooms
$2,950
1770 BENJAMIN FRANKLIN DRIVE
Lido Key
Sarasota, FL
Updated January 19 at 1:49am UTC
2 Bedrooms
$4,600
1257 TREE BAY LANE
Sarasota
Sarasota, FL
Updated January 3 at 11:26am UTC
4 Bedrooms
$12,000
5750 Midnight Pass Road
Sarasota
Sarasota, FL
Updated January 3 at 11:32am UTC
3 Bedrooms
$7,500
2516 TANGLEWOOD DRIVE
South Gate
Sarasota, FL
Updated January 3 at 11:26am UTC
4 Bedrooms
$4,000
8419 MIDNIGHT PASS ROAD
Sarasota
Sarasota, FL
Updated January 18 at 11:19am UTC
4 Bedrooms
$4,200
1227 DOCKSIDE PLACE
Sarasota
Sarasota, FL
Updated January 17 at 1:54am UTC
2 Bedrooms
$4,500
106 BEACH ROAD
Sarasota
Sarasota, FL
Updated January 3 at 11:24am UTC
4 Bedrooms
$15,000
5525 AZURE WAY
Sarasota
Sarasota, FL
Updated January 3 at 11:24am UTC
5 Bedrooms
$11,000
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January 2018 Sarasota Rent Report

Welcome to the January 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

January 2018 Sarasota Rent Report

Welcome to the January 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 moderately by 2.4% 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 3.7%, as well as the national average of 2.8%.

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, all of them have seen prices rise. The state as a whole logged rent growth of 3.7% 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 Florida cities that we have data for, all have seen rents rise year-over-year, with Port St. Lucie experiencing the fastest growth (+7.6%).
  • Orlando, Tampa, and St. Petersburg have all experienced year-over-year growth above the state average (6.8%, 6.2%, and 5.7%, respectively).

Many large cities nationwide show more affordable rents compared to Sarasota

As rents have increased moderately in Sarasota, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. 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 $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 2.4% rise in Sarasota.
  • While Sarasota's rents rose moderately over the past year, the city of DC saw a decrease of 0.3%.
  • 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.