Sarasota apartment rents rise 2% in March

Apartment rental rates rose 2% in March in Sarasota over the same month in 2016, a new report says.

Apartment List says the median rent for a Sarasota one-bedroom apartment stood at $1,280 last month, a 0.2% gain from February, while the median cost of a two-bedroom unit was $2,250 monthly. The median price means that half of all rents are lower, and half are higher.

The San Francisco-based company adds that throughout Florida, median rents are up 2.2% over the same month in 2016.