Total monthly cost of ownership
Cost to Own a Home in Bee Ridge, Florida
A $370,000 home here costs
$3,030per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $130,000 a year.
A standard mortgage calculator would have told you $2,049. The real number is $980 higher every month, 48% more than the payment most buyers budget for.
Compare Sarasota County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bee Ridge against Sarasota County and Florida
| Measure | Bee Ridge | Sarasota County |
|---|---|---|
| Median home value | $370,400 | $373,100 |
| Median property tax | $2,575 | $2,826 |
| Effective tax rate | 0.695% | 0.757% |
| Median gross rent | $1,833 | $1,715 |
| Population | 9,921 | 449,011 |
The weather behind that power bill
Bee Ridge sits in Sarasota County, which averages a high of 92.5°F in its hottest month and a low of 50.0°F in its coldest, with 61.07" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 3,581 cooling and 417 heating degree days, which is what sets the $166 electricity line above.
See the full climate breakdown for Sarasota County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sarasota County
Full Sarasota County cost breakdown · Every county in Florida
Talk to someone who works this market
These are Bee Ridge averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Bee Ridge every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Bee Ridge I already own here and may sell
Common questions
How much does it cost to own a home in Bee Ridge?
A $370,000 home in Bee Ridge, Florida costs approximately $3,030 per month with 20% down at 7.4%. That is $2,049 principal and interest, $214 property tax, $224 homeowners insurance, $234 utilities and $308 set aside for maintenance.
What is the property tax rate in Bee Ridge?
Bee Ridge has an effective property tax rate of 0.695%, based on a median home value of $370,400 and median real estate taxes of $2,575. That is lower than the Sarasota County average of 0.757%.
What is the average home price in Bee Ridge?
The median owner-occupied home value in Bee Ridge, Florida is $370,400, against $373,100 across Sarasota County.
Is it cheaper to rent or buy in Bee Ridge?
Median gross rent in Bee Ridge is $1,833 a month, against $3,030 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Bee Ridge?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Bee Ridge, Florida at today's rate takes a household income of roughly $130,000 a year. That covers the full $3,030 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bee Ridge, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Florida.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.