What is the median rent in South Gate Ridge, FL?
The median gross rent in South Gate Ridge, FL is $1,612 (±$265) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 716 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In South Gate Ridge, the median gross rent went from $1,232 in 2015–2019 to $1,612 in 2020–2024 (+30.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,612 (±$265)
- Rented homes
- 716 (±250)
- $2,000 or more
- 26.7%
- Since 2015–2019
- +30.8%
How much rent costs in South Gate Ridge
| Monthly gross rent | South Gate Ridge | Sarasota County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±7.1 points) | 2.5% | 3.6% | 6.3% |
| $500 to $999 | 17.0% (±14.0 points) | 7.8% | 10.7% | 20.2% |
| $1,000 to $1,499 | 26.3% (±18.6 points) | 21.5% | 26.0% | 28.1% |
| $1,500 to $1,999 | 30.0% (±12.8 points) | 28.7% | 28.8% | 21.1% |
| $2,000 to $2,499 | 9.6% (±8.2 points) | 21.1% | 17.4% | 12.0% |
| $2,500 to $2,999 | 7.3% (±8.4 points) | 8.8% | 7.2% | 5.5% |
| $3,000 or more | 9.8% (±12.4 points) | 9.7% | 6.3% | 6.8% |
The most common range is $1,500 to $1,999, paid by 30.0% of renting households.
26.7% of rented homes in South Gate Ridge cost $2,000 or more a month.
South Gate Ridge against Sarasota County, its state and the nation
| South Gate Ridge | Sarasota County | Florida | United States | |
|---|---|---|---|---|
| Median gross rent | $1,612 (±$265) | $1,818 (±$31) | $1,669 (±$5) | $1,413 |
| Rented homes paying rent | 716 (±250) | 45,982 (±1,374) | 2,716,443 (±16,958) | 42,849,984 |
In South Gate Ridge, median gross rent is not measurably different from Sarasota County ($1,818).
It is not measurably different from Florida ($1,669).
It is not measurably different from the national figure ($1,413).
In Sarasota County, South Gate Ridge ranks 18 of 27 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 380 of 793.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in South Gate Ridge has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,232 (±$147) | $1,612 (±$265) | +30.8% | No measurable change after inflation |
| Households that rent | 29.3% (±5.4 points) | 34.1% (±8.5 points) | +4.8 percentage points | Not a measurable change |
| Rental vacancy rate | 3.3% (±5.1 points) | 6.6% (±8.2 points) | +3.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near South Gate Ridge
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| South Gate Ridge | — | $1,612 (±$265) | — |
| Ridge Wood Heights | 1.0 mi | $1,587 (±$200) | Not measurably different |
| Bee Ridge | 1.4 mi | $2,118 (±$213) | Higher |
| Southgate | 1.7 mi | $1,671 (±$235) | Not measurably different |
| Gulf Gate | 2.0 mi | $1,768 (±$129) | Not measurably different |
| Sarasota Springs | 2.1 mi | $2,137 (±$98) | Higher |
| South Sarasota | 2.2 mi | $1,693 (±$217) | Not measurably different |
| Siesta Key | 3.3 mi | $3,500 or more | — |
| Lake Sarasota | 4.0 mi | $1,986 (±$234) | Higher |
Nearby places with a measurably higher figure: Bee Ridge, FL ($2,118), Sarasota Springs, FL ($2,137), Lake Sarasota, FL ($1,986).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Sarasota County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 12 | Palmer Ranch | $1,794 (±$99) |
| 13 | Gulf Gate | $1,768 (±$129) |
| 14 | The Meadows | $1,740 (±$92) |
| 15 | South Sarasota | $1,693 (±$217) |
| 16 | Sarasota | $1,684 (±$72) |
| 17 | Southgate | $1,671 (±$235) |
| 18 | South Gate Ridge | $1,612 (±$265) |
| 19 | Venice | $1,606 (±$109) |
| 20 | Ridge Wood Heights | $1,587 (±$200) |
| 21 | Desoto Lakes | $1,468 (±$282) |
| 22 | Venice Gardens | $1,393 (±$346) |
| 23 | Laurel | $1,323 (±$350) |
| 24 | Nokomis | $1,308 (±$226) |
Showing 13 of 27 places in Sarasota County, ranked from highest to lowest.
South Gate Ridge is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about South Gate Ridge
What is the average rent in South Gate Ridge, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in South Gate Ridge is $1,612 (±$265) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in South Gate Ridge?
In South Gate Ridge, the median gross rent went from $1,232 in 2015–2019 to $1,612 in 2020–2024 (+30.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in South Gate Ridge cost more than $2,000 a month?
26.7% of rented homes in South Gate Ridge have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in South Gate Ridge higher than in Sarasota County?
In South Gate Ridge, median gross rent is not measurably different from Sarasota County ($1,818).
It is not measurably different from Florida ($1,669).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Gate Ridge CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Gate Ridge CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — South Gate Ridge CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 South Gate Ridge CDP, Florida (place:67450, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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 .
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