Manasota renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Manasota is about $1,347 per month. This puts it in the 66th percentile compared to the state average cost of rent, which is $1,453. Households in Manasota have a median income of $6,058 per month so the average renter in Manasota is spending roughly 22% of their earnings on housing.
Nationally, and in Manasota, home values are the data point most closely correlated with the cost of rent. The median price of a home in Manasota is $393,200 right now, which is higher than nearby cities, meaning that rents in Manasota also tend to be higher versus these nearby cities.
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