Property Prices in Sarasota, FL, United States

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Index
Price to Income Ratio:	5.46
Mortgage as Percentage of Income:	49.48%
Loan Affordability Index:	2.02
Price to Rent Ratio - City Centre:	8.36
Price to Rent Ratio - Outside of Centre:	9.64
Gross Rental Yield (City Centre):	11.96%
Gross Rental Yield (Outside of Centre):	10.38%

Rent Per Month	Edit	Range
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	3,526.50 $	2,659.00-4,500.00
Apartment (3 bedrooms) Outside of Centre	2,864.29 $	2,500.00-3,300.00
Buy Apartment Price	Edit
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	Edit
Average Monthly Net Salary (After Tax)	3,433.33 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.67	6.19-7.10

These data are based on 80 entries in the past 18 months from 22 different contributors.
Last update: July 2024

Sources and References

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	64,600.00
GDP Growth Rate:	1.94%
Population Growth Rate:	0.68%