Home prices
The value of the median home in Longboat Key is $740,500. Compared to its surrounding areas this is about $519,000 (234%) higher.In comparison to the rest of the country it is approximately $523,000 (240%) higher, and it is roughly $501,600 (209%) higher in comparison to the city of Tampa.
Rents
Longboat Key's median rent is $1,625 per month. It is roughly $526 (47%) higher compared to its surrounding areas.It is approximately $563 (53%) higher in comparison to the entire nation, and it is approximately $494 (43%) higher compared to the city of Tampa.
Nearby places
Cortez
Cortez is Longboat Key's neighbor to the north. Housing prices there are significantly less expensive. The median home value in Cortez is $289,100, which comes out to $451,400 (156%) lower than Longboat Key. Its rents are significantly less expensive. In Cortez the median rent is $1,212 per month, which comes out to $413 (34%) lower than Longboat Key.
Bradenton Beach
Bradenton Beach is Longboat Key's neighbor to the northwest. The housing prices there are significantly less expensive. The value of the median home in Bradenton Beach is $369,700, which is $370,800 (100%) lower than Longboat Key. Rent there is a lot less expensive. The median rent in Bradenton Beach is $1,214 per month, which works out to $411 (33%) lower than Longboat Key.
Bayshore Gardens
Bayshore Gardens is about 4 miles northeast from Longboat Key. Its housing prices are significantly less expensive. Bayshore Gardens's median home price is $96,400, which is $644,100 (668%) lower than Longboat Key. The rent there is substantially less expensive. Bayshore Gardens's median rent is $977 a month, which is $648 (66%) lower than Longboat Key.
South Bradenton
South Bradenton is about 6 miles northeast from Longboat Key. The real estate prices there are significantly less expensive. South Bradenton's median home cost is $83,900, which works out to $656,600 (782%) lower than Longboat Key. Rent there is significantly less expensive. South Bradenton's median monthly rent is $957, which is $668 (69%) lower than Longboat Key.
Sarasota
Sarasota is approximately 6 miles southeast from Longboat Key. Its housing prices are substantially less expensive. The cost of the median home in Sarasota is $268,400, which comes out to $472,100 (175%) lower than Longboat Key. The rent there is significantly less expensive. In Sarasota the median rent is $1,134 per month, which is $491 (43%) lower than Longboat Key.