Lakewood Ranch, Sarasota, FL Rental Market Trends
Last updated: February 25, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lakewood Ranch is $2,289, a 9.53% increase compared to the previous year, when the average rent was $2,090.
One-bedroom apartments provide 773 square feet for $1,954, balancing privacy and affordability.
Two-beedroom units at $2,390 offer 1,144 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,530 sq ft) for $3,348, suitable for larger households.
Average rent in Lakewood Ranch, Sarasota, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,289 | 1,020 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,954 | 773 sq. ft. |
| 2 Beds | $2,390 | 1,144 sq. ft. |
| 3 Beds | $3,348 | 1,530 sq. ft. |
Lakewood Ranch, Sarasota, FL rent trends
Rental prices in Lakewood Ranch, Sarasota, FL have increased by 9.53% over the past year. The average rent moved from $2,090 to $2,289.
What's the typical rent budget in Lakewood Ranch, Sarasota, FL?
The largest share of rentals in Lakewood Ranch, Sarasota, FL (43%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lakewood Ranch, Sarasota, FL?
45 or 13% of the households in Lakewood Ranch, Sarasota, FL are renter-occupied while 301 or 87% are owner-occupied.
Most affordable neighborhoods in Lakewood Ranch?
Tri-Par Estates $1,450/month
Oakwood Manor $1,591/month
Pinewood Forest $1,661/month
All of these neighborhoods fall below the city wide average of $1,996/month.Most expensive neighborhoods in Lakewood Ranch?
Lakewood Ranch $2,289/month
Rosemary District $2,548/month
Five Points $3,362/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Sarasota, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Five Points | $3,362 |
| Rosemary District | $2,548 |
| Lakewood Ranch | $2,289 |
| Palmer Glen - Meadow Walk | $2,285 |
| Forest Creek | $1,986 |
| Green Acres | $1,948 |
| Park East | $1,796 |
| Ramblewood | $1,717 |
| Pinewood Forest | $1,661 |
| Oakwood Manor | $1,591 |
| Tri-Par Estates | $1,450 |
Sarasota | Rent Comparison by Neighborhood
Rent in Lakewood Ranch is 32% lower than in Five Points
Lakewood Ranch rent is the same as Sarasota average
Five Points rent is 47% higher than Sarasota average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lakewood Ranch apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.