FairRentWize

North Port-Sarasota-Bradenton Fair Market Rent 2026

HUD Fair Market Rent data for the North Port-Sarasota-Bradenton metropolitan area. Median household income: $62,142/year. Vacancy rate: 7.6%.

2BR FMR

$1,238/mo

Median Income

$62,142

Vacancy Rate

7.6%

Rent Burden

23.9%

Fair Market Rent by Bedroom Size

Studio$829/mo
1 Bedroom$1,001/mo
2 Bedroom$1,238/mo
3 Bedroom$1,486/mo
4 Bedroom$1,806/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $62,142/year can afford up to $1,554/mo in rent.

The 2BR FMR of $1,238/mo represents 23.9% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 7.6% in North Port-Sarasota-Bradenton indicates a loose rental market. Higher vacancy gives renters more options and potential leverage on pricing.

Frequently Asked Questions

What is the average rent in North Port-Sarasota-Bradenton?

The 2026 HUD FMR for a 2-bedroom in the North Port-Sarasota-Bradenton metro area is $1,238/month. 1BR: $1,001, 3BR: $1,486.

What is the vacancy rate in North Port-Sarasota-Bradenton?

The rental vacancy rate in North Port-Sarasota-Bradenton is 7.6%. A rate below 5% typically indicates a tight rental market.

Is North Port-Sarasota-Bradenton affordable for renters?

With a median income of $62,142 and 2BR rent at $1,238/mo, rent takes about 24% of income in North Port-Sarasota-Bradenton.

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