Property Prices in Sarasota, FL, United States

Index Info
Price to Income Ratio: 3.49
Mortgage as Percentage of Income: 31.64%
Loan Affordability Index: 3.16
Price to Rent Ratio - City Centre: 6.27
Price to Rent Ratio - Outside of Centre: 7.18
Gross Rental Yield (City Centre): 15.95%
Gross Rental Yield (Outside of Centre): 13.92%
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 $ 1,600.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,671.43 $ 2,800.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 3,208.33 $ 2,600.00-3,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 278.99 $ 200.00-324.00
Price per Square Feet to Buy Apartment Outside of Centre 264.99 $ 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 6.66 6.19-7.10

These data are based on 91 entries in the past 18 months from 23 different contributors.
Last update: January 2025

Sources and References
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