Apartments for Rent in Lakewood, Sarasota-Bradenton, FL

Lakewood, Sarasota-Bradenton apartment availability

Lakewood's rental market offers a good selection of listings, with an average of 51 rentals available each month. The majority of rentals in Lakewood are 3-bedroom apartments, followed by 2-bedroom and 1-bedroom options. Many of these apartments offer desirable amenities, including a swimming pool, available in 76% of listings, and in-unit laundry, available in 85% of listings. A dishwasher is also a common feature, found in 70% of apartments. With its varied selection of rentals and range of amenities, Lakewood is a popular choice for renters in the Sarasota-Bradenton area.

Lakewood, Sarasota-Bradenton rental market trends

The Lakewood, Sarasota-Bradenton rental market experienced a significant increase in 2024, with average monthly rents rising by 7.3% to $3,003. This growth is largely driven by 1-bedroom units, which saw a substantial 15.9% year-over-year increase to $2,229.50. The average rent for 2-bedrooms also rose by 11.3% to $2,850.71. However, 3-bedroom units experienced a slight decline of 1.6% to $3,010.54.

The market tends to peak in April, with rents reaching their highest point, 12.3% higher than the lowest point in September. This trend suggests that renters can expect to pay more during the spring months. Conversely, those looking for a new apartment in the fall may find relatively lower prices. Notably, the data indicates that studios are no longer available in the area, which may impact overall market dynamics.

Why Lakewood, Sarasota-Bradenton is a great place to live

Lakewood is a top choice for renters who prioritize pet friendliness and social living. With an array of pet-friendly amenities, including pet waste stations, pet supply stores, and pet hospitals, pet owners can rest assured their furry friends are well taken care of. Many apartments in Lakewood also feature outdoor spaces, pet-safe windows, and no breed restrictions, making it an ideal neighborhood for pet lovers. Additionally, Lakewood's social scene thrives with a high walk score, frequent transit options, and a variety of restaurants, making it easy to get out and about with friends. Overall, Lakewood offers a unique blend of pet-friendly living and social convenience, making it a desirable neighborhood for renters with pets or a passion for socializing.