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These days, finding an affordable place to live in the South Sarasota area can be challenging. Home prices in South Sarasota are now at a median cost of $777,807, higher than the Florida average of $396,783.
The average cost of rent is $1,715/mo in South Sarasota, primarily driven by the current value of real estate in the South Sarasota area. In South Sarasota, 23.17% of households rent, and 48.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Sarasota is $7,771 per month. Households that rent pay about 22.08% of their income on rent here. South Sarasota’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Siesta Key, FL: higher priced homes
- Southgate, FL: less expensive homes
- Gulf Gate Estates, FL: less expensive homes
- Sarasota Springs, FL: less expensive homes
- Sarasota, FL: less expensive homes
- Bee Ridge, FL: less expensive homes
- North Sarasota, FL: less expensive homes
- Fruitville, FL: less expensive homes
- Osprey, FL: less expensive homes
- Longboat Key, FL: higher priced homes
Cities with Similar Populations
- Coxsackie, NY: less expensive homes
- Cortland, IL: less expensive homes
- Corunna, MI: less expensive homes
- Corvallis, MT: less expensive homes
- Cosby, TN: less expensive homes
- Cottonport, LA: less expensive homes
- Cotulla, TX: less expensive homes
- Covington, IN: less expensive homes
- Covington, OH: less expensive homes
- Coxs Creek, KY: less expensive homes
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