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ZIP Code · FL

ZIP 34234

Part of Sarasota, FL
Pop. 22,986·Sarasota County·360th most expensive ZIP in Florida
Median rent (all units)
$2,040/mo
Year-over-Year
+2.9%
Month-over-Month
+3.6%
vs US Median
+$75
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 34234 · $2,040
More expensive than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,220
1 BR
$1,460
2 BR
$1,690
3 BR
$2,190
4 BR+
$2,610
Research median
$1,690/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
$24,480/yr
At $2,040/mo median
Location
StateFL
CountySarasota County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.9% YoY, +3.6% MoM), not inventory.
Demographics

Who lives here

ZIP 34234 (Sarasota, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 28.8% of residents hold a bachelor's degree or higher.

Population
22,986
Median income
$57,288
Median age
39.6
Renters
40.5%
Age distribution
19.5%
25.2%
22.3%
12.3%
20.7%
Under 1819.5%
18–3425.2%
35–5422.3%
55–6412.3%
65+20.7%
Gender
46%
54%
Male46%
Female54%
Race & ethnicity
49.5%
30.4%
20.1%
White49.5%
Black30.4%
Hispanic20.1%
Asian1.3%
Education (25+)
13.5%
33.5%
24.2%
28.8%
No HS diploma13.5%
HS diploma33.5%
Some college24.2%
Bachelor's+28.8%
Housing tenure
59.5%
40.5%
Owner59.5%
Renter40.5%

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

2021 vs 2026

How ZIP 34234 in Sarasota, FL has changed in 5 years

Income
$46,772 → $57,288
up 22.5%
Population
21,692 → 22,986
up 6.0%
Renter share
41% → 40.5%
-0.5 pts
Bachelor's+
25.8% → 28.8%
+3.0 pts
Median age
42.7 → 39.6
-3.1 yrs

Local incomes tracked alongside that move, going from a median of $46,772 in 2021 to $57,288 more recently. The population has grown by 6.0% since 2021, moving from about 21,692 residents to roughly 22,986. College-educated residents now make up 28.8% of adults here, versus 25.8% in 2021.

Community

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Local insights

Tips for renters in ZIP 34234

About renting in ZIP 34234

Last updated: July 20, 2026

ZIP code 34234 covers Sarasota, FL. The median rent here is $2,040/mo as of July 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,690/mo.

At 43% of local median household income ($57,288/yr), ZIP 34234 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 34234?

As of July 20, 2026, the median monthly rent in ZIP 34234 (Sarasota, FL) is $2,040. This is based on aggregated data from public sources and community submissions.

How does ZIP 34234 rent compare to the US average?

ZIP 34234's median rent of $2,040/mo is $75 (4%) above the US national median of $1,965/mo.

How does ZIP 34234 compare to other ZIPs in Florida?

ZIP 34234 falls in the middle range for Florida, ranking #360 out of 662 ZIPs at $2,040/mo.

How much income do you need to rent in ZIP 34234?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,040/mo in ZIP 34234. The local median household income is $57,288/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 34234?

Rent in ZIP 34234 has increased 2.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 34234 an affordable place to rent?

ZIP 34234 is considered stretched for renters. At $2,040/mo, rent takes approximately 43% of the local median household income ($57,288/yr). The standard benchmark is 30%. ZIP 34234 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 34234 residents rent vs. own?

According to Census data, approximately 40.5% of ZIP 34234 households are renters, while 59.5% are owner-occupied. ZIP 34234 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 34234 compare to the rest of Sarasota?

ZIP 34234 is more affordable than Sarasota overall. At $2,040/mo, it's $178 below the Sarasota citywide median of $2,218/mo.

When was rent data for ZIP 34234 last updated?

Rent data for ZIP 34234 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
43%
STRETCHED

At $2,040/mo, rent takes ~43% of ZIP 34234's median household income ($57,288/yr). The standard benchmark is 30%.

ZIP 34234 43%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 34234 (Sarasota, FL)

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