Cost of Living in Manatee County, Florida

$1,549/mo
Median Monthly Rent
$359,800
Median Home Value
26% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,549/mo
26% above state average
Median Home Value
$359,800
28% above national
Rent-to-Income Ratio
34.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Manatee County Compares

Median monthly rent comparison

Manatee County$1,549/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$1,549/mo
Median Gross Rent
$359,800
Median Home Value
$1,244/mo
Monthly Owner Cost
34.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Manatee County, Florida

Manatee renters stretch budgets despite higher income

Manatee County's rent-to-income ratio of 24.5% exceeds the national average, with renters spending nearly one-quarter of earnings on housing. Despite a median household income of $75,792—nearly matching the national average—Manatee's $1,549 monthly rent reflects growing demand in this coastal Tampa Bay region.

Above Florida's housing affordability line

Manatee County's 24.5% rent-to-income ratio sits above Florida's state average of 22.5%, positioning it among the state's costlier housing markets. This coastal county's popularity as a residential destination has driven prices steadily upward over recent years.

Premium pricing for coastal location

Manatee County's $1,549 median rent rivals neighboring Lee County ($1,597) and reflects the broader Tampa Bay coastal premium compared to inland rural counties. Both Southwest Florida coastal counties command similar high rents, outpacing all rural and interior alternatives by $700 or more monthly.

Owners and renters both face strain

Manatee County renters spend $1,549 monthly (24.5% of income), while homeowners face $1,244 mortgages on median homes at $359,800—the highest median value in this region. Both groups dedicate substantial income to housing, with owners carrying six-figure principal balances and renters managing tight monthly margins.

Manatee County: pay premium for coastal living

Manatee County's 24.5% rent burden and $359,800 median home values command a premium for Tampa Bay proximity and coastal amenities. If you're relocating for lifestyle and don't mind devoting roughly a quarter of income to housing, Manatee delivers waterfront access; compare carefully with more affordable inland alternatives before committing.

Affordability Calculator

See how your income compares to housing costs in Manatee County

$

Rent Burden

24.5%

of gross income

Max Housing (28% Rule)

$1,768

per month

Owner Cost Burden

19.7%

of gross income

The median home in Manatee County may be a stretch

Median home value is $359,800. Estimated monthly cost: $2,872 vs. your max of $1,768.

Rent Affordability Guide

Your rent-to-income ratio24.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Manatee County, Florida?
Manatee County, Florida has a median monthly rent of $1,549/mo and a median home value of $359,800. The affordability rating is Unaffordable, with rent making up approximately 34.0% of median household income.
What is the median rent in Manatee County?
The median gross rent in Manatee County is $1,549/mo. This is 26% above state average for Florida.
Is Manatee County affordable?
Manatee County is rated Unaffordable based on rent-to-income ratio of 34.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Manatee County's rent compare to the state average?
Manatee County's median rent of $1,549/mo is 26% above state average of $1,233/mo for Florida.
What is the median home value in Manatee County?
The median home value in Manatee County, Florida is $359,800. This is 28% above the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Manatee County, Florida? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Manatee County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.