Property Prices in Sarasota, FL, United States

Index Info
Price to Income Ratio: 5.55
Mortgage as Percentage of Income: 50.34%
Loan Affordability Index: 1.99
Price to Rent Ratio - City Centre: 8.44
Price to Rent Ratio - Outside of Centre: 9.64
Gross Rental Yield (City Centre): 11.85%
Gross Rental Yield (Outside of Centre): 10.38%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,211.11 $ 1,700.00-3,800.00
Apartment (1 bedroom) Outside of Centre 1,868.75 $ 1,550.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,451.29 $ 2,659.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,864.29 $ 2,500.00-3,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 355.67 $ 301.00-465.00
Price per Square Feet to Buy Apartment Outside of Centre 340.67 $ 301.00-420.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,375.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.67 6.19-7.10

These data are based on 85 entries in the past 18 months from 22 different contributors.
Last update: March 2024

Sources and References
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