Property Prices in Sarasota, FL, United States

Index Info
Price to Income Ratio: 3.73
Mortgage as Percentage of Income: 33.93%
Loan Affordability Index: 2.95
Price to Rent Ratio - City Centre: 6.39
Price to Rent Ratio - Outside of Centre: 8.15
Gross Rental Yield (City Centre): 15.65%
Gross Rental Yield (Outside of Centre): 12.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,322.22 $ 1,800.00-3,800.00
Apartment (1 bedroom) Outside of Centre 1,850.00 $ 1,550.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,587.50 $ 2,800.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 3,178.57 $ 2,600.00-3,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 281.50 $ 200.00-465.00
Price per Square Feet to Buy Apartment Outside of Centre 299.25 $ 175.00-420.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,191.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.71 6.19-7.25

These data are based on 92 entries in the past 18 months from 24 different contributors.
Last update: November 2024

Sources and References
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