Much like nearby areas, it's a little more expensive compared to the entire country. Compared to the city of Tampa, it's close to average.
Home prices
The median home value in Desoto Lakes is $228,700. In comparison to the surrounding areas this is approximately $6,440 (2%) higher.In comparison to the US as a whole it is about $11,200 (5%) higher, and it is approximately $10,200 (4%) lower compared to the city of Tampa.
Rents
In Desoto Lakes the median monthly rent is $1,443. In comparison to other places in this area this is about $150 (11%) higher.Compared to the nation as a whole it is approximately $381 (35%) higher, and is approximately $312 (27%) higher compared to the city of Tampa.
Nearby places
Kensington Park
Kensington Park is Desoto Lakes's neighbor to the south. Its real estate prices are a bit less expensive. The median home in Kensington Park costs $174,400, which is $54,300 (31%) lower than Desoto Lakes. Rent there is fairly similar. In Kensington Park the median rent is $1,380 per month, which is $63 (4%) lower than Desoto Lakes.
North Sarasota
North Sarasota is Desoto Lakes's neighbor to the west. Its real estate prices are significantly less expensive. North Sarasota's median home value is $127,600, which is $101,100 (79%) lower than Desoto Lakes. The rent there is a bit less expensive. In North Sarasota the median monthly rent is $1,188, which is $255 (21%) lower than Desoto Lakes.
The Meadows
The Meadows is Desoto Lakes's neighbor to the southeast. The real estate prices there are a bit more expensive. The median home price in The Meadows is $282,200, which comes out to $53,500 (18%) higher than Desoto Lakes. The rent there is a bit less expensive. The median rent in The Meadows is $1,260 a month, which is $183 (14%) lower than Desoto Lakes.
Fruitville
Fruitville is about 3 miles southeast from Desoto Lakes. Its housing prices are somewhat more expensive. The median home in Fruitville is valued at $258,700, which is $30,000 (11%) higher than Desoto Lakes. The rent there is pretty similar. The median monthly rent in Fruitville is $1,501, which is $58 (3%) higher than Desoto Lakes.
Sarasota
Sarasota is roughly 3 miles southwest from Desoto Lakes. Real estate prices there are a bit more expensive. The median home in Sarasota costs $268,400, which is $39,700 (14%) higher than Desoto Lakes. Its rents are somewhat less expensive. Sarasota's median monthly rent is $1,134, which is $309 (27%) lower than Desoto Lakes.
