South Bradenton, Florida Housing Market Prices
South Bradenton 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 55% below the Florida median$139,359
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Median rent 23% below the Florida median$1,287
Housing Market Overview
| Metric | South Bradenton | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $139,359 | $311,338 | $248,835 |
| Price Trend (Annual %) | 12.8% | 11.2% | 7.5% |
| Median Gross Rent | $1,287 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 5.4% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in South Bradenton is about 55% lower than in Florida. Rent is about 23% lower than 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 South Bradenton, up about 12.8% and 5.4% a year respectively. Home prices are changing faster.
Median rent in South Bradenton rose about 56.1% between 2015 and 2024, from $824 to $1,287. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in South Bradenton.
Buying the median-priced home in South Bradenton costs roughly 9.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in South Bradenton. The price-to-rent ratio in Florida is about 15.6.
| Metric | South Bradenton | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $139,359 | $311,338 | $248,835 |
| Median Household Income | $49,973 | $74,580 | $80,455 |
| Price-to-Income Ratio | 2.8 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in South Bradenton rose about 113.4%, while median household income rose about 38.1% 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 | South Bradenton | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 41.1% | 57.7% | 58.5% |
| Rental Rate | 36.1% | 27.7% | 31.2% |
| Vacancy Rate | 22.8% | 14.6% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
South Bradenton has a homeownership rate of 41.1%, lower than the Florida average of 57.7%. Its housing vacancy rate is 22.8%, compared with 14.6% in Florida.
Housing Stock
| Metric | South Bradenton | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.22 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1976 | 1988 | 1978 |
| Median Number of Rooms | 4.2 | 5.2 | 5.5 |
The typical housing unit in South Bradenton was built around 1976. On average, 2.2 people live in a home with about 4.2 rooms, staying for about 11.0 years on average.
South Bradenton, FL Housing Compared With Nearby Cities
How South Bradenton, FL compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| South Bradenton, FL | 26,643 | $139,359 #2/2 | $1,287 #2/2 | 53.3% #2/2 |
| Bradenton, FL | 52,171 | $237,183 | $1,548 | 61.9% |
Frequently Asked Questions
Common questions about the housing market in South Bradenton, Florida.
What is the median home price in South Bradenton, Florida?
The median home price in South Bradenton, Florida is $139,359, lower than the Florida average of $311,338.
What is the average home price in South Bradenton, Florida?
The typical home price in South Bradenton, Florida, reported as the median sale price, is $139,359. 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 South Bradenton, Florida?
The median gross rent in South Bradenton, Florida is $1,287 per month, lower than the Florida average of $1,668.
What was the median gross rent in South Bradenton in 2020?
In 2020, the median gross rent in South Bradenton, Florida was $990 per month.
What is the price-to-rent ratio in South Bradenton, Florida?
The price-to-rent ratio in South Bradenton, Florida is about 9.0, meaning it would take roughly 9.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in South Bradenton.
Are home prices or rent rising faster in South Bradenton, Florida?
Both home prices and rent are rising in South Bradenton, up about 12.8% and 5.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in South Bradenton, Florida?
41.1% of households in South Bradenton, Florida own their home, lower than the Florida average of 57.7%.
What is the vacancy rate in South Bradenton, Florida?
The housing vacancy rate in South Bradenton, Florida is 22.8%, higher than the Florida average of 14.6%.
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