Manatee County, Florida Housing Market
In Manatee County, Florida, the median home value is $391,400, with a median monthly rent of $1,671. This places Manatee County at #311 nationally out of 3134 counties by median home value, and #10 within Florida.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,209
- Establishments: 14,625
- BLS QCEW, 2025
Housing Supply
- Single-family: 7,014
- Multi-family: 4,001
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 181,407 (avg $110,091)
- Outflow: 166,177 (avg $106,612)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Manatee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 34217 | 526.1 | — | 2025 |
| 2 | 34240 | 317.6 | +10.44% | 2025 |
| 3 | 34221 | 349.5 | -19.94% | 2025 |
| 4 | 34222 | 346.5 | -12.21% | 2025 |
| 5 | 34210 | 363.7 | -11.87% | 2025 |
| 6 | 34211 | 362.7 | -2.51% | 2025 |
| 7 | 34205 | 367.7 | -9.15% | 2025 |
| 8 | 34251 | 338.8 | -7.55% | 2025 |
| 9 | 34208 | 362.6 | -1.14% | 2025 |
| 10 | 34207 | 368.2 | -3.49% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
📝 Editor's Insight
None
How Manatee County Compares
| Metric | Manatee County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $391,400 | $284,325 | $227,706 |
| Median Gross Rent | $1,671 | $1,303 | $968 |
| Owner Occupancy Rate | 74.3% | 74.6% | 73.3% |
| Price/Rent Ratio | 19.5 | 17.6 | 18.7 |
Market Analysis
The median home value in Manatee County is 37.7% above the Florida state average and 71.9% above the U.S. national average. The median rent of $1,671/month is 28.2% above the state average.
With a price-to-rent ratio of 19.5, the buy-vs-rent decision in Manatee County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Manatee County has an owner-occupancy rate of 74.3%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| DuPage County | Illinois | $391,400 | $1,688 |
| Johnson County | Kansas | $391,200 | $1,434 |
| Merced County | California | $391,800 | $1,343 |
| Buncombe County | North Carolina | $391,800 | $1,362 |
| Custer County | Colorado | $392,100 | $1,069 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Orange County | $390,100 | $1,775 | 56.8% |
| Seminole County | $386,900 | $1,783 | 66.2% |
| Sumter County | $385,400 | $1,269 | 87.6% |
| Nassau County | $382,800 | $1,526 | 82.7% |
| Hillsborough County | $371,500 | $1,667 | 61.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).