
Home Price Key
These days, finding an affordable place to live in the Manasota Key area can be challenging. Home prices in Manasota Key are now at a median cost of $604,200, higher than the Florida average of $278,762.
The average cost of rent is $1,113/mo in Manasota Key, primarily driven by the current value of real estate in the Manasota Key area. While nearly 51.65% of residents own their homes outright in Manasota Key, 22.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manasota Key is $5,334 per month. Households that rent pay about 20.87% of their income on rent here. Manasota Key's most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
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