Sarasota and Naples apartments: pay more rent, get less space

Apartment rental markets in Naples and Sarasota were recently tagged as having the fastest-growing rents, on average, among all midsized Southeast markets. Now a new report posits that in addition to paying a lot more — up 38.4% year-over-year in March in Naples and 33.2% in Sarasota, according to CoStar — apartment dwellers in those markets get the opportunity to live in the smallest, on average, abodes.

The new report is from apartment search website and research blog RentCafe. The firm looked at how much space a renter can get, on average, in 99 Florida cities when paying the state’s average rent: $1,700 a month.