What is the rental vacancy rate in Sarasota, FL?
The rental vacancy rate in Sarasota, FL is 2.7% (±1.4 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.6% (±0.9 points).
6,573 (±486) homes, 20.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Sarasota, the rental vacancy rate went from 8.9% in 2015–2019 to 2.7% in 2020–2024 (−6.2 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 2.7% (±1.4 points)
- Homeowner vacancy rate
- 1.6% (±0.9 points)
- Vacant homes
- 6,573 (±486)
Vacancy in Sarasota against Sarasota County, its state and the nation
| Sarasota | Sarasota County | Florida | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 2.7% (±1.4 points) | 6.1% (±1.1 points) | 7.6% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.6% (±0.9 points) | 1.0% (±0.2 points) | 1.4% (±0.1 points) | 0.9% |
| Vacant housing units | 6,573 (±486) | 54,288 (±1,739) | 1,503,660 (±20,826) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Sarasota, the rental vacancy rate is lower than in Sarasota County (6.1%).
It is also lower than in Florida (7.6%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Sarasota
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Sarasota | — | 2.7% (±1.4 points) | — |
| North Sarasota | 1.8 mi | 0.0% (±14.0 points) | Not measurably different |
| Southgate | 3.0 mi | 4.3% (±6.9 points) | Not measurably different |
| Kensington Park | 3.2 mi | 0.0% (±15.9 points) | Not measurably different |
| South Sarasota | 3.6 mi | 11.8% (±12.5 points) | Not measurably different |
| Desoto Lakes | 4.0 mi | 0.0% (±21.6 points) | Not measurably different |
| Ridge Wood Heights | 4.1 mi | 3.1% (±5.2 points) | Not measurably different |
| Siesta Key | 4.4 mi | 51.9% (±16.3 points) | Higher |
| The Meadows | 4.6 mi | 19.7% (±16.1 points) | Higher |
Nearby places with a measurably higher figure: Siesta Key, FL (51.9%), The Meadows, FL (19.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Sarasota County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 14 | Palmer Ranch | 5.3% (±4.8 points) |
| 15 | South Venice | 5.0% (±4.6 points) |
| 16 | Southgate | 4.3% (±6.9 points) |
| 17 | Sarasota Springs | 3.6% (±5.8 points) |
| 18 | Bee Ridge | 3.2% (±5.3 points) |
| 19 | Ridge Wood Heights | 3.1% (±5.2 points) |
| 20 | Sarasota | 2.7% (±1.4 points) |
| 21 | North Port | 1.1% (±1.2 points) |
| 22 (tie) | Desoto Lakes | 0.0% (±21.6 points) |
| 22 (tie) | Gulf Gate | 0.0% (±2.7 points) |
| 22 (tie) | Kensington Park | 0.0% (±15.9 points) |
| 22 (tie) | Lake Sarasota | 0.0% (±13.0 points) |
| 22 (tie) | Nokomis | 0.0% (±9.9 points) |
Showing 13 of 28 places in Sarasota County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Sarasota
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Sarasota, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Sarasota beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Sarasota, and send estimates and invoices from your phone.
Questions about Sarasota
Is it hard to find a rental in Sarasota?
The rental vacancy rate in Sarasota, FL is 2.7% (±1.4 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Sarasota tighter than it was?
In Sarasota, the rental vacancy rate went from 8.9% in 2015–2019 to 2.7% in 2020–2024 (−6.2 percentage points), a measurable decrease.
How many homes are vacant in Sarasota?
An estimated 6,573 (±486) housing units, 20.3% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sarasota city, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Sarasota city, Florida
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Sarasota city, Florida (place:64175, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Sarasota at a glance
- Median rent in Sarasota
- Rent by bedrooms in Sarasota
- Rent burden in Sarasota
- Renters and owners in Sarasota
- Income and affordability in Sarasota
- Home values in Sarasota
- Homeowner costs in Sarasota
- Property taxes in Sarasota
- Types of homes in Sarasota
- Bedrooms in Sarasota
- Age of homes in Sarasota
- Heating fuel in Sarasota
- Commute and cars in Sarasota
- Crime reported to police in Sarasota
- Population growth in Sarasota
- How long people stay in Sarasota
- Crowding and facilities in Sarasota
- Fair Market Rent in Sarasota
- Florida landlord and tenant rules
- Housing across Sarasota County
- Florida places ranked by rental vacancy rate
- Housing data for every place in Florida