Manatee County, Florida Housing Market Prices
Manatee County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 11% above the Florida median More expensive than 76% of counties in Florida$344,563
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Median rent About the same as the Florida median More expensive than 80% of counties in Florida$1,671
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Manatee County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $344,563 | $311,338 | $248,835 |
| Price Trend (Annual %) | 10.7% | 11.2% | 7.5% |
| Median Gross Rent | $1,671 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 6.8% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Manatee County is about 11% higher than in Florida. Rent follows a similar pattern, running close to the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Manatee County, up about 10.7% and 6.8% a year respectively. Home prices are changing faster.
Median rent in Manatee County rose about 75.3% between 2015 and 2024, from $953 to $1,671. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in Manatee County.
Buying the median-priced home in Manatee County costs roughly 17.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Manatee County. The price-to-rent ratio in Florida is about 15.6.
| Metric | Manatee County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $344,563 | $311,338 | $248,835 |
| Median Household Income | $78,967 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.4 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Manatee County rose about 113.1%, while median household income rose about 52.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Manatee County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.4% | 57.7% | 58.5% |
| Rental Rate | 20.5% | 27.7% | 31.2% |
| Vacancy Rate | 20.1% | 14.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Manatee County has a homeownership rate of 59.4%, higher than the Florida average of 57.7%. Its housing vacancy rate is 20.1%, compared with 14.6% in Florida.
Housing Stock
| Metric | Manatee County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1991 | 1988 | 1978 |
| Median Number of Rooms | 5.1 | 5.2 | 5.5 |
The typical housing unit in Manatee County was built around 1991. On average, 2.4 people live in a home with about 5.1 rooms, staying for about 13.0 years on average.
Manatee County, FL Housing Compared With Nearby Counties
Manatee County, FL is typical in size for this group, 429,651 residents against a local median of 459,530, so the measures below are close to a like for like comparison. The measure that sets Manatee County, FL apart most is median home price: $344,563, 22% above the local median of $281,927.
The counties themselves spread $376,217 on median home price, so Manatee County, FL sits at one end of an already wide local range rather than apart from it. Manatee County, FL has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Manatee County, FL | 429,651 | $344,563 #2/6 | $1,671 #2/6 | 74.3% #2/6 |
| Sarasota County, FL | 459,530 | $414,479 | $1,818 | 76.6% |
| Hillsborough County, FL | 1,519,188 | $343,045 | $1,667 | 61.4% |
| Hardee County, FL | 25,673 | $38,262 | $961 | 71.4% |
| Pinellas County, FL | 961,969 | $281,927 | $1,642 | 69.5% |
| DeSoto County, FL | 35,386 | $220,318 | $932 | 72.5% |
Frequently Asked Questions
Common questions about the housing market in Manatee County, Florida.
What is the median home price in Manatee County, Florida?
The median home price in Manatee County, Florida is $344,563, higher than the Florida average of $311,338.
What is the average home price in Manatee County, Florida?
The typical home price in Manatee County, Florida, reported as the median sale price, is $344,563. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Manatee County, Florida?
The median gross rent in Manatee County, Florida is $1,671 per month, about the same as the Florida average.
What was the median gross rent in Manatee County in 2020?
In 2020, the median gross rent in Manatee County, Florida was $1,184 per month.
What is the price-to-rent ratio in Manatee County, Florida?
The price-to-rent ratio in Manatee County, Florida is about 17.2, meaning it would take roughly 17.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Manatee County.
Are home prices or rent rising faster in Manatee County, Florida?
Both home prices and rent are rising in Manatee County, up about 10.7% and 6.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Manatee County, Florida?
59.4% of households in Manatee County, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Manatee County, Florida?
The housing vacancy rate in Manatee County, Florida is 20.1%, higher than the Florida average of 14.6%.
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