Apartments for Rent in Lido Key, Sarasota, FL

Lido Key, Sarasota apartment availability

Lido Key's rental market offers a good selection of listings, with an average of 45 rentals available each month. The majority of these rentals are 2-bedroom apartments, followed by 1-bedroom apartments. Many of these rentals come with desirable amenities, including a swimming pool, available in 83% of apartments, and a dishwasher, available in 94% of apartments. Additionally, 65% of apartments offer in-unit laundry, adding to the convenience of living in this beautiful Sarasota neighborhood. With its stunning beaches and tranquil atmosphere, Lido Key is an attractive option for renters looking for a relaxing coastal lifestyle.

Lido Key, Sarasota rental market trends

Lido Key, Sarasota's rental market experienced a decline in 2024, with average monthly rents decreasing by approximately 11% year-over-year to $4,984. Breaking it down by bed count, 1-bedrooms averaged $3,232 per month, a 26% decrease from the previous year. The average rent for a 2-bedroom was around $5,100, while 3-bedrooms averaged $10,607.

The summer months tend to see higher demand and prices in Lido Key, with August typically being the most expensive month, boasting a 12% increase in rent compared to March, the lowest month. If you're searching for a new apartment, March may be a good time to find a deal, with prices about 12% lower than in August. Keep in mind that the rental market can be less competitive during the off-season, but the selection may be limited.

Note: There is no data available for studios in 2023 and 2024, so it's not included in the summary.

Why Lido Key, Sarasota is a great place to live

Lido Key stands out as a prime destination for those prioritizing social life and fitness wellness. The area's apartments cater to the fitness-conscious, often featuring onsite pool and spa facilities, gym equipment, and even health and wellness events. Many residences also include balconies or patios, low VOC materials for improved indoor air quality, soundproofing for peace of mind, and modern HVAC systems for comfort.

For those with an active social calendar, Lido Key's appeal lies in its convenient transit options, emphasis on safety, a diverse neighborhood age distribution, well-maintained street infrastructure, and an abundance of shared community spaces. Whether you're looking to stay active or stay connected, Lido Key offers a lifestyle that supports both.