States › Florida › Sarasota Springs

Is Sarasota Springs, FL expensive to live in?

OKRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,57447% higher than U.S. average
💵 Families earn per year (2026)$103,200about $8,600/month · 19% higher than U.S. average
🔑 House price$349,1005% higher than U.S. average

Rent is higher than in 87% of U.S. cities. A typical house costs about 3.4 years of household income. Most homes (79.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $102,960 a year. That is $50 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 408 of 479 cities from cheapest to most expensive.

Sarasota Springs
$2,574
$1,822
$1,941
$1,963

How much do households earn in Sarasota Springs?

Under $25k
9.2%
$25k–50k
19.6%
$50k–100k
39.1%
$100k–150k
18.9%
$150k+
12.4%

Share of households by yearly income. 31.3% of households earn $100,000 or more.

Rent by apartment size in Sarasota Springs

SizeSarasota SpringsU.S. average
2 bedrooms$2,058$1,509
3 bedrooms$2,347$1,698
4 bedrooms$2,287$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Sarasota Springs overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Sarasota Springs, so the Florida figure is shown.

Taxes and bills in Sarasota Springs

🏛️ Property tax$1,993a year · 0.57% of home value · U.S. $3,119
⚡ Electric bill$179a month (typical) · U.S. $156

Life in Sarasota Springs

Commute to work23.1 minU.S.: 26.4 min
College degree29.4%U.S.: 35.7%
Own their home79.9%U.S.: 65.2%
Below poverty line12.7%U.S.: 12.5%
Unemployment3.2%U.S.: 5.2%

Is it cheaper to rent or buy in Sarasota Springs?

Buying is cheaper month to month: about $152 a month less than renting.

Renting
$2,574
Owning
$2,422

Owning assumes a typical $349,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,910 for the down payment.

Frequently asked questions

What is the average rent in Sarasota Springs, FL?

Renting in Sarasota Springs costs a median of about $2,574 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Sarasota Springs?

To keep rent under 30% of income, you need about $102,960 a year, or $50 an hour at a full-time job.

Is Sarasota Springs cheap or expensive?

Sarasota Springs is rated OK: rent takes 29.9% of the typical household income of $103,200. It ranks 408th cheapest of 479 Florida cities we track.

How much are property taxes in Sarasota Springs?

The median homeowner in Sarasota Springs pays $1,993 a year in property taxes, about 0.57% of the median home value.

Is Sarasota Springs more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Sarasota Springs?

The median home value in Sarasota Springs is $349,100, about 3.4 times the typical yearly household income.

12,611 people live in Sarasota Springs. Numbers are typical (middle) values.