In Longboat Key, a typical home is worth $1,022,100 and typical rent is $3,501 a month. Compared with all of Manatee County, the typical home value is 161% higher, typical rent is 110% higher, and the share of households that own their home is 19 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $900,864 to $951,300.
Typical rent
$8,450a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Longboat Key is in Manatee County. The FHA loan limit ($547,400 for a one-unit home), the fair market rents and the help on this page are those of all of Manatee County. See the county
What this place has that others do not, from public data, most unusual first.
1
Longboat Key has the highest typical rent of the 471 cities in Florida with more than 5,000 people: $3,501.
2
The typical household income in Longboat Key is $158,030,101% more than in Manatee County as a whole ($78,457).
3
The typical home in Longboat Key is worth $1,022,100,161% more than in Manatee County as a whole ($391,400).
4
Longboat Key has the 7th highest homeownership rate of the 481 cities in Florida with more than 5,000 people (94%).
5
Nearby, in South Bradenton, the typical rent is $1,244: 64% less than in Longboat Key ($3,501).
6
Nearby, in South Bradenton, the typical home value is $167,200: 84% less than in Longboat Key ($1,022,100).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Longboat Key
What homes there are in Longboat Key, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Longboat Key
Manatee County
Florida
United States
Kind of home: Longboat Key and its comparisons
Measure
Longboat Key
Manatee County
Florida
United States
Detached house
19%
54%
55%
61%
Attached house
5%
7%
7%
6%
Building of 2 to 4
4%
6%
6%
8%
Apartments (5 or more)
67%
19%
25%
19%
Mobile home
4%
14%
8%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
There are more apartments in Longboat Key than in Manatee County: 67% of homes, against 19%.
Year built
Before 19601960–19791980–19992000–20092010 or later
Longboat Key
Manatee County
Florida
United States
Year built: Longboat Key and its comparisons
Measure
Longboat Key
Manatee County
Florida
United States
Before 1960
6%
8%
10%
26%
1960–1979
45%
25%
24%
24%
1980–1999
43%
28%
34%
25%
2000–2009
4%
17%
18%
14%
2010 or later
3%
22%
14%
11%
In Longboat Key, half of the homes were built before 1980; in Manatee County, before 1991.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K11%
$500K–$750K18%
$750K–$1M15%
$1M or more51%
Value of owner-occupied homes: Longboat Key and its comparisons
Measure
Longboat Key
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
11%
$500K–$750K
18%
$750K–$1M
15%
$1M or more
51%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or more60%
Monthly rent with utilities: Longboat Key and its comparisons
Measure
Longboat Key
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
60%
Owners with a mortgage
30%
Manatee County: 51%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Longboat Key+38%
Manatee County+64%
Florida+67%
United States+53%
Typical household income
Longboat Key+38%
Manatee County+33%
Florida+34%
United States+29%
Change since 2015–2019: Longboat Key and its comparisons
Measure
Longboat Key
Manatee County
Florida
United States
Typical home value
+38%
+64%
+67%
+53%
Typical rent
No data
+46%
+42%
+33%
Typical household income
+38%
+33%
+34%
+29%
From 2015–2019 to 2020–2024, the typical home value in Longboat Key rose 38%; in Manatee County, it rose 64%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Longboat Key and its comparisons
Measure
Longboat Key
Manatee County
Florida
United States
Rental vacancy
63.2%
14.1%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
2.0%
1.4%
0.9%
More than one person per room
Unreliable estimate
2.5%
3.3%
3.4%
People per household
1.79
2.40
2.51
2.53
Drive alone
33%
70%
70%
69%
Carpool
Unreliable estimate
10%
9%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
46%
16%
16%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
In Longboat Key, the rental vacancy rate is 63.2%; in Manatee County, 14.1%.
Fewer people live in each home here: 1.79 on average, against 2.40 in Manatee County.
Working from home is more common in Longboat Key: 46%, against 16% in Manatee County.
Do the math
What would you pay each month for a home in Longboat Key?
A typical home costs more than the typical income allows
We start with a typical home in Longboat Key, worth $1,022,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 65% of the typical household income in Longboat Key, which is $158,030 a year. For that payment to be 28% of income, a household would need to earn about $366,340 a year. Note: at that price the loan is above the FHA limit for Manatee County ($547,400), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Manatee County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Longboat Key. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $35,774 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$8,548
at 7.18% · 30 years
Loan amount
$1,003,587
Total interest
$1,443,926
Paid off in
November 2056
Includes $17,261 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $3,687 a month
Tight
$3,687 to $4,741 a month
Hard
more than $4,741 a month
Your payment · 65%
Compared with the typical household income in Longboat Key ($158,030 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$6,799
Property tax
$707
Home insurance
$426
FHA mortgage insurance (MIP)
$616
This loan is over the FHA limit
You'd borrow $986,326, but the FHA limit for a one-unit home in Longboat Key is $547,400. You'd need a bigger down payment or a different loan.
You need at least $35,774 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $8,548; principal and interest $6,799.
The city and its county
Longboat Key and Manatee County
Longboat Key is in Manatee County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Longboat Key
Map of Manatee County, Florida, with Longboat Key marked. Around it, the neighboring counties.
Longboat Key
Manatee County
Other cities with a page
Longboat Key's own numbers
Typical home value
$1,022,100
Typical monthly rent
$3,501
Typical yearly household income
$158,030
Households that own their home
94%
Effective property tax rate
0.83%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Manatee County
FHA limit, one-unit home
$547,400
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,188
Price change over 5 years (FHFA)
+66%
Homes in a high flood-risk zone
23%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Manatee County.
A typical home in Longboat Key is worth $1,022,100: 161% above the county and 185% above Florida. With the typical household income in Longboat Key ($158,030 a year), a typical home costs 6.5 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Longboat Key6.5 years
Manatee5.0 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Manatee County
According to FHFA’s house price index, home prices in Manatee County rose 130% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Manatee County.
Yearly change in FHFA’s price index in Manatee County, 2016 to 2025
2016: +9.8% +9.8% 2016
2017: +8.4% +8.4% 2017
2018: +6.7% +6.7% 2018
2019: +4.1% +4.1% 2019
2020: +5.2% +5.2% 2020
2021: +18.1% +18.1% 2021
2022: +28.2% +28.2% 2022
2023: +8.7% +8.7% 2023
2024: +3.7% +3.7% 2024
2025: −3.0% −3.0% 2025
Change in FHFA’s price index in Manatee County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
−3.0%
−0.5%
+2.9%
5 years (2020–2025)
+66%
+60%
+47%
10 years (2015–2025)
+130%
+127%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Longboat Key next to Manatee County, Florida and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Longboat Key$1,022,100
Manatee$391,400
Florida$359,000
United States$332,700
Typical monthly rent
Longboat Key$3,501
Manatee$1,671
Florida$1,669
United States$1,413
Typical yearly household income
Longboat Key$158,030
Manatee$78,457
Florida$74,568
United States$80,734
See the full table
Longboat Key next to Manatee County and Florida
Measure
Longboat Key
Manatee County
Florida
U.S.
Typical home value
$1,022,100 ▲161% above the county
$391,400
$359,000
$332,700
Typical monthly rent
$3,501 ▲110% above the county
$1,671
$1,669
$1,413
Typical yearly household income
$158,030 ▲101% above the county
$78,457
$74,568
$80,734
Households that own their home
94% ▲19 points above the county
74%
68%
65%
Typical yearly property tax
$8,439 ▲177% above the county
$3,047
$2,730
$3,119
Effective property tax rate
0.83% ▲0.05 points above the county
0.78%
0.76%
0.94%
Renters with high rent for their income
59% ▼1 points below the county
61%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Manatee County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Longboat Key
For a typical $1,022,100 home in Longboat Key, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Longboat Key's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$8,548a month
Above the FHA limit for Manatee County ($547,400)
Down payment
$35,774
Cash to close
$66,437
Rate
7.18%
Mortgage insurance
FHA MIP · $616
Conventional, 5% down$8,196a month
Above the conventional limit for Manatee County ($832,750): it would be a "jumbo" loan
Down payment
$51,105
Cash to close
$81,768
Rate
7.18%
Mortgage insurance
PMI · $485
Conventional, 20% down, no PMI$6,672a month
Least cash to close
Down payment
$204,420
Cash to close
$235,083
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$7,617a month
Down payment
$153,315
Cash to close
$183,978
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Longboat Key
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Manatee County ($547,400)
$8,548
$35,774
$1,003,587
7.18%
FHA MIP · $616
$66,437
580
Conventional, 5% down Above the conventional limit for Manatee County ($832,750): it would be a "jumbo" loan
$8,196
$51,105
$970,995
7.18%
PMI · $485
$81,768
620*
Conventional, 20% down, no PMI Least cash to close
$6,672
$204,420
$817,680
7.18%
None
$235,083
620*
ITIN, 15% down (example)
$7,617
$153,315
$868,785
8.18%
None
$183,978
Set by the lender
The option that asks for the least cash to close is Conventional, 20% down, no PMI.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Longboat Key is $3,501 a month: 110% above the county. In Longboat Key, 59% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Manatee County, by unit size. To pay the 2-bedroom one ($2,188 a month) without spending more than 30% of your income, you would need to earn $42.08 an hour working full time.
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Manatee County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Longboat Key or Manatee County. The ones below are statewide in Florida: they work in Longboat Key the same as in the rest of the state.
Florida Housing second loan with no interest and no monthly payments, repaid when you sell or refinance.Offered by Florida Housing Finance Corporation.
The HUD-approved agencies closest to the center of Longboat Key, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
SU
Step Up Suncoast, Inc. F/K/A Manatee Community Action Agency, Inc.
6428 Parkland Dr, Sarasota · 7 miles away · Spanish
No legal help resource on our list is for Longboat Key or Manatee County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Longboat Key and all of Manatee County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Longboat Key?
The typical home value in Longboat Key is $1,022,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Manatee County it is $391,400.
How much does it cost to rent in Longboat Key?
Typical rent in Longboat Key is $3,501 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Manatee County is $2,188.
What is the FHA loan limit in Longboat Key?
Longboat Key uses the FHA limit for all of Manatee County (2026): $547,400 for a one-unit home and $1,052,700 for a four-unit home.
How much property tax do owners pay in Longboat Key?
The typical homeowner in Longboat Key pays $8,439 a year, according to the U.S. Census Bureau. That is 0.83% of the home’s value; in Manatee County, the rate is 0.78%.
Where can I find free help to buy or rent in Longboat Key?
There are 2 HUD-approved counseling agencies with an office in Manatee County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
