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ZIP Code · FL

ZIP 34231

Part of Sarasota, FL
Pop. 32,404·Sarasota County·327th most expensive ZIP in Florida
Median rent (all units)
$2,101/mo
Year-over-Year
+6.3%
Month-over-Month
-9.0%
vs US Median
+$136
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 34231 · $2,101
More expensive than 65% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,480
1 BR
$1,760
2 BR
$2,050
3 BR
$2,660
4 BR+
$3,170
Research median
$2,050/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,212/yr
At $2,101/mo median
Location
StateFL
CountySarasota County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 6.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+6.3% YoY, -9.0% MoM), not inventory.
Demographics

Who lives here

ZIP 34231 (Sarasota, FL) is majority owner-occupied, has a large retiree population, 38.5% of residents hold a bachelor's degree or higher.

Population
32,404
Median income
$69,925
Median age
55.2
Renters
35.3%
Age distribution
14.7%
14.8%
20.3%
14.1%
36.1%
Under 1814.7%
18–3414.8%
35–5420.3%
55–6414.1%
65+36.1%
Gender
44.9%
55.1%
Male44.9%
Female55.1%
Race & ethnicity
86.9%
White86.9%
Black1.4%
Hispanic9.4%
Asian1%
Other1.3%
Education (25+)
27.1%
28.8%
38.5%
No HS diploma5.7%
HS diploma27.1%
Some college28.8%
Bachelor's+38.5%
Housing tenure
64.7%
35.3%
Owner64.7%
Renter35.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 34231 in Sarasota, FL has changed in 5 years

Rent
$1,582 → $2,101
up 32.8%
Income
$61,937 → $69,925
up 12.9%
Population
32,460 → 32,404
down 0.2%
Renter share
34.4% → 35.3%
+0.9 pts
Bachelor's+
34.6% → 38.5%
+3.9 pts
Median age
51.4 → 55.2
+3.8 yrs

Across the past five years, the going rent in ZIP 34231 in Sarasota, FL has shifted from $1,582 to $2,101, up 32.8% since 2021. Local incomes tracked alongside that move, going from a median of $61,937 in 2021 to $69,925 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 34.6% to 38.5% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 34231 in Sarasota, FL market of 2021.

Community

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Local insights

Tips for renters in ZIP 34231

About renting in ZIP 34231

Last updated: July 20, 2026

ZIP code 34231 covers Sarasota, FL. The median rent here is $2,101/mo as of July 2026. A 1-bedroom rents for a median of $1,760/mo. A 2-bedroom rents for a median of $2,050/mo.

At 36% of local median household income ($69,925/yr), ZIP 34231 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 34231?

As of July 20, 2026, the median monthly rent in ZIP 34231 (Sarasota, FL) is $2,101. This is based on aggregated data from public sources and community submissions.

How does ZIP 34231 rent compare to the US average?

ZIP 34231's median rent of $2,101/mo is $136 (7%) above the US national median of $1,965/mo.

How does ZIP 34231 compare to other ZIPs in Florida?

ZIP 34231 falls in the middle range for Florida, ranking #327 out of 662 ZIPs at $2,101/mo.

How much income do you need to rent in ZIP 34231?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,101/mo in ZIP 34231. The local median household income is $69,925/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 34231?

Rent in ZIP 34231 has increased 6.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 34231 an affordable place to rent?

ZIP 34231 is considered moderate for renters. At $2,101/mo, rent takes approximately 36% of the local median household income ($69,925/yr). The standard benchmark is 30%. ZIP 34231 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 34231 residents rent vs. own?

According to Census data, approximately 35.3% of ZIP 34231 households are renters, while 64.7% are owner-occupied. ZIP 34231 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 34231 compare to the rest of Sarasota?

ZIP 34231 is more affordable than Sarasota overall. At $2,101/mo, it's $117 below the Sarasota citywide median of $2,218/mo.

When was rent data for ZIP 34231 last updated?

Rent data for ZIP 34231 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
36%
MODERATE

At $2,101/mo, rent takes ~36% of ZIP 34231's median household income ($69,925/yr). The standard benchmark is 30%.

ZIP 34231 36%Benchmark 30%
State income taxNone
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