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These days, finding an affordable place to live in the Sarasota Springs area can be challenging. Home prices in Sarasota Springs are now at a median cost of $341,486, lower than the Florida average of $396,783.
The average cost of rent is $2,024/mo in Sarasota Springs, primarily driven by the current value of real estate in the Sarasota Springs area. In Sarasota Springs, 20.42% of households rent, and 40.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sarasota Springs is $7,633 per month. Households that rent pay about 26.52% of their income on rent here. Sarasota Springs’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sarasota, FL: higher priced homes
- Bee Ridge, FL: higher priced homes
- Southgate, FL: higher priced homes
- Fruitville, FL: higher priced homes
- South Sarasota, FL: higher priced homes
- Gulf Gate Estates, FL: equally priced homes
- North Sarasota, FL: less expensive homes
- Siesta Key, FL: higher priced homes
- Longboat Key, FL: higher priced homes
- Bayshore Gardens, FL: less expensive homes
Cities with Similar Populations
- Lowell, MI: equally priced homes
- Mount Kisco, NY: higher priced homes
- Monument, CO: higher priced homes
- Monroe, OH: less expensive homes
- Minden, LA: less expensive homes
- Millbrook, AL: less expensive homes
- Marion, AR: less expensive homes
- Marianna, FL: less expensive homes
- Manlius, NY: equally priced homes
- Madison, NJ: higher priced homes
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