Affordable & Income-Based Housing in Sarasota

Affordability in Sarasota, FL

According to Census ACS 5-Year data (as of 2024), the median monthly rent in Sarasota is $1,684 and the median household income is $72,105 annually, with renters making up 43% of households. These figures help illustrate why income-based and HUD-assisted housing options can be a critical resource for many residents in the city.

Safety

According to FBI Crime Data Explorer, the Sarasota Police Department reported a violent crime rate of 575 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Sarasota

The areas around assisted properties in Sarasota score well for walkability and biking, with moderate public transit availability, according to Walk Score.

• Walk Score: 71 - Very Walkable - most errands can be accomplished on foot.
• Transit Score: 38 - Some Transit - a few nearby transit options are available.
• Bike Score: 77 - biking is a convenient option for many trips.

Schools

According to NCES Common Core of Data, 45 schools across 2 districts serve Sarasota, including 26 elementary, 5 middle, 13 high schools, and 1 other. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Living in Sarasota

The median household income in Sarasota is $72,105 per year, according to the Census ACS 5-Year estimate (as of 2024). The citywide median rent is $1,684 per month for all rentals, making income-based and HUD-assisted housing a meaningful option for renters on tighter budgets.

• Median household income: $72,105/year (Census ACS 5-Year, 2024)
• Median market rent: $1,684/month (Census ACS 5-Year, 2024)
• Renter households: 43% of occupied units (Census ACS 5-Year, 2024)

Lease Lantern tracks 8 income-based properties with 488 total units in Sarasota, offering rent levels tied to household income rather than market rates.

Environmental Exposure

Of the 8 affordable housing properties in Sarasota, 4 have been mapped to a FEMA flood zone. None of those 4 are classified as high risk. The remaining 4 properties fall outside any mapped flood zone.