In Siesta Key, a typical home is worth $985,800 and typical rent is $3,501 a month. Compared with all of Sarasota County, the typical home value is 139% higher, typical rent is 93% higher, and the share of households that own their home is 16 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $789,987 to $828,780.
Typical rent
$6,661a month
Typical rent from Zillow, December 2025 to September 2026: from $4,639 to $6,661.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Siesta Key is in Sarasota 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 Sarasota County. See the county
What this place has that others do not, from public data, most unusual first.
1
Siesta Key has the highest typical rent of the 471 cities in Florida with more than 5,000 people: $3,501.
2
The typical home in Siesta Key is worth $985,800,139% more than in Sarasota County as a whole ($411,800).
3
Nearby, in Gulf Gate, the typical home value is $357,500: 64% less than in Siesta Key ($985,800).
4
Nearby, in Ridge Wood Heights, the typical rent is $1,587: 55% less than in Siesta Key ($3,501).
5
Siesta Key has the 14th highest homeownership rate of the 481 cities in Florida with more than 5,000 people (93%).
6
The typical household income in Siesta Key is $115,854,39% more than in Sarasota County as a whole ($83,416).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Siesta Key
What homes there are in Siesta 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
Siesta Key
Sarasota County
Florida
United States
Kind of home: Siesta Key and its comparisons
Measure
Siesta Key
Sarasota County
Florida
United States
Detached house
27%
58%
55%
61%
Attached house
14%
10%
7%
6%
Building of 2 to 4
6%
4%
6%
8%
Apartments (5 or more)
53%
20%
25%
19%
Mobile home
Unreliable estimate
8%
8%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In Siesta Key, the apartment is the most common kind of home: 53%, against 20% in Sarasota County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Siesta Key
Sarasota County
Florida
United States
Year built: Siesta Key and its comparisons
Measure
Siesta Key
Sarasota County
Florida
United States
Before 1960
7%
8%
10%
26%
1960–1979
59%
28%
24%
24%
1980–1999
26%
32%
34%
25%
2000–2009
6%
18%
18%
14%
2010 or later
2%
15%
14%
11%
Homes in Siesta Key are older: the typical year built is 1976; in Sarasota County, 1988.
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–$500K7%
$500K–$750K17%
$750K–$1M24%
$1M or more49%
Value of owner-occupied homes: Siesta Key and its comparisons
Measure
Siesta Key
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
7%
$500K–$750K
17%
$750K–$1M
24%
$1M or more
49%
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 more58%
Monthly rent with utilities: Siesta Key and its comparisons
Measure
Siesta Key
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
58%
With a mortgage
$3,365 a month
Sarasota County: $1,976 a month
Owners with a mortgage
35%
Sarasota County: 48%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Siesta Key+38%
Sarasota County+64%
Florida+67%
United States+53%
Typical household income
Siesta KeyNo clear change
Sarasota County+34%
Florida+34%
United States+29%
Change since 2015–2019: Siesta Key and its comparisons
Measure
Siesta Key
Sarasota County
Florida
United States
Typical home value
+38%
+64%
+67%
+53%
Typical rent
No data
+42%
+42%
+33%
Typical household income
No clear change
+34%
+34%
+29%
The typical home value in Siesta Key rose 38% since 2015–2019, less than in Sarasota County (64%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Siesta Key and its comparisons
Measure
Siesta Key
Sarasota County
Florida
United States
Rental vacancy
51.9%
6.1%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
1.0%
1.4%
0.9%
More than one person per room
Unreliable estimate
1.6%
3.3%
3.4%
People per household
1.87
2.13
2.51
2.53
Drive alone
48%
72%
70%
69%
Carpool
Unreliable estimate
9%
9%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
40%
17%
16%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
In Siesta Key, the rental vacancy rate is 51.9%; in Sarasota County, 6.1%.
Households in Siesta Key are smaller: 1.87 people on average; in Sarasota County, 2.13.
Working from home is more common in Siesta Key: 40%, against 17% in Sarasota County.
Do the math
What would you pay each month for a home in Siesta Key?
A typical home costs more than the typical income allows
We start with a typical home in Siesta Key, worth $985,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 84% of the typical household income in Siesta Key, which is $115,854 a year. For that payment to be 28% of income, a household would need to earn about $348,048 a year. Note: at that price the loan is above the FHA limit for Sarasota 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 Sarasota 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 Siesta 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 $34,503 (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
$8,121
at 7.18% · 30 years
Loan amount
$967,945
Total interest
$1,392,645
Paid off in
November 2056
Includes $16,648 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,703 a month
Tight
$2,703 to $3,476 a month
Hard
more than $3,476 a month
Your payment · 84%
Compared with the typical household income in Siesta Key ($115,854 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$6,557
Property tax
$559
Home insurance
$411
FHA mortgage insurance (MIP)
$595
This loan is over the FHA limit
You'd borrow $951,297, but the FHA limit for a one-unit home in Siesta Key is $547,400. You'd need a bigger down payment or a different loan.
You need at least $34,503 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 $8,121; principal and interest $6,557.
The city and its county
Siesta Key and Sarasota County
Siesta Key is in Sarasota 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).
Siesta Key
Map of Sarasota County, Florida, with Siesta Key marked. Around it, the neighboring counties.
Siesta Key
Sarasota County
Other cities with a page
Siesta Key's own numbers
Typical home value
$985,800
Typical monthly rent
$3,501
Typical yearly household income
$115,854
Households that own their home
93%
Effective property tax rate
0.68%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Sarasota 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)
+52%
Homes in a high flood-risk zone
20%
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 Sarasota County.
A typical home in Siesta Key is worth $985,800: 139% above the county and 175% above Florida. With the typical household income in Siesta Key ($115,854 a year), a typical home costs 8.5 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.
Siesta Key8.5 years
Sarasota4.9 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Sarasota County
According to FHFA’s house price index, home prices in Sarasota County rose 111% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Sarasota County.
Yearly change in FHFA’s price index in Sarasota County, 2016 to 2025
2016: +11.2% +11.2% 2016
2017: +7.6% +7.6% 2017
2018: +6.7% +6.7% 2018
2019: +3.8% +3.8% 2019
2020: +4.8% +4.8% 2020
2021: +17.8% +17.8% 2021
2022: +29.8% +29.8% 2022
2023: +5.8% +5.8% 2023
2024: −1.7% −1.7% 2024
2025: −4.4% −4.4% 2025
Change in FHFA’s price index in Sarasota County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
−4.4%
−0.5%
+2.9%
5 years (2020–2025)
+52%
+60%
+47%
10 years (2015–2025)
+111%
+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
Siesta Key next to Sarasota 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
Siesta Key$985,800
Sarasota$411,800
Florida$359,000
United States$332,700
Typical monthly rent
Siesta Key$3,501
Sarasota$1,818
Florida$1,669
United States$1,413
Typical yearly household income
Siesta Key$115,854
Sarasota$83,416
Florida$74,568
United States$80,734
See the full table
Siesta Key next to Sarasota County and Florida
Measure
Siesta Key
Sarasota County
Florida
U.S.
Typical home value
$985,800 ▲139% above the county
$411,800
$359,000
$332,700
Typical monthly rent
$3,501 ▲93% above the county
$1,818
$1,669
$1,413
Typical yearly household income
$115,854 ▲39% above the county
$83,416
$74,568
$80,734
Households that own their home
93% ▲16 points above the county
77%
68%
65%
Typical yearly property tax
$6,746 ▲117% above the county
$3,106
$2,730
$3,119
Effective property tax rate
0.68% ▼0.07 points below the county
0.75%
0.76%
0.94%
Renters with high rent for their income
63% ▲4 points above the county
59%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Sarasota 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 Siesta Key
For a typical $985,800 home in Siesta Key, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Siesta Key's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$8,121a month
Above the FHA limit for Sarasota County ($547,400)
Down payment
$34,503
Cash to close
$64,077
Rate
7.18%
Mortgage insurance
FHA MIP · $595
Conventional, 5% down$7,782a month
Above the conventional limit for Sarasota County ($832,750): it would be a "jumbo" loan
Down payment
$49,290
Cash to close
$78,864
Rate
7.18%
Mortgage insurance
PMI · $468
Conventional, 20% down, no PMI$6,312a month
Least cash to close
Down payment
$197,160
Cash to close
$226,734
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$7,223a month
Down payment
$147,870
Cash to close
$177,444
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Siesta 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 Sarasota County ($547,400)
$8,121
$34,503
$967,945
7.18%
FHA MIP · $595
$64,077
580
Conventional, 5% down Above the conventional limit for Sarasota County ($832,750): it would be a "jumbo" loan
$7,782
$49,290
$936,510
7.18%
PMI · $468
$78,864
620*
Conventional, 20% down, no PMI Least cash to close
$6,312
$197,160
$788,640
7.18%
None
$226,734
620*
ITIN, 15% down (example)
$7,223
$147,870
$837,930
8.18%
None
$177,444
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 Siesta Key is $3,501 a month: 93% above the county. In Siesta Key, 63% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Sarasota 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.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Sarasota County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,749
$33.63
$69,960
1 bedroom
$1,876
$36.08
$75,040
2 bedrooms
$2,188
$42.08
$87,520
3 bedrooms
$2,775
$53.37
$111,000
4 bedrooms
$3,309
$63.63
$132,360
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Siesta Key
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Siesta Key is in ZIP code 34242.
For 2 bedrooms it is $3,280: $1,092 more than the fair market rent for Sarasota County ($2,188).
Fair market rent by ZIP code and size in Siesta Key, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
34242
$2,620
$2,810
$3,280
$4,160
$4,960
ZIP code2 bd3 bd
34242 $3,280$4,160
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Siesta Key when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
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.
We found no HUD-approved agencies with an office in Sarasota County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Siesta Key or Sarasota County. The ones below are statewide in Florida: they work in Siesta 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.
No legal help resource on our list is for Siesta Key or Sarasota 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 Siesta Key and all of Sarasota 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 Siesta Key?
The typical home value in Siesta Key is $985,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Sarasota County it is $411,800.
How much does it cost to rent in Siesta Key?
Typical rent in Siesta Key is $3,501 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Sarasota County is $2,188.
What is the FHA loan limit in Siesta Key?
Siesta Key uses the FHA limit for all of Sarasota 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 Siesta Key?
The typical homeowner in Siesta Key pays $6,746 a year, according to the U.S. Census Bureau. That is 0.68% of the home’s value; in Sarasota County, the rate is 0.75%.
Where can I find free help to buy or rent in Siesta Key?
We found no HUD-approved counseling agencies with an office in Sarasota County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
