ZIP Code · FL

ZIP 34237

Part of Sarasota, FL

Pop. 17,367·Sarasota County·378th most expensive ZIP in Florida

Median rent (all units)

$1,979/mo

Year-over-Year

+1.4%

Month-over-Month

-0.1%

vs US Median

+$47

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 34237 · $1,979

More expensive than 60% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,340

1 BR

$1,590

2 BR

$1,850

3 BR

$2,400

4 BR+

$2,860

Research median

$1,850/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 34237 is 2.4% below its high of $2,027 in March 2024, at $1,979 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 34237 changed +1.4% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($66,762) is $1,669 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,590); a 2-bedroom is $1,850.

Rank in Sarasota

2nd cheapest of 11 ZIP codes in Sarasota.

Cheaper nearby

ZIP 34207, 8 miles away, rents for 24% less ($1,508/mo), about $5,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 34237. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,748/yr

At $1,979/mo median

Location

CitySarasota

StateFL

CountySarasota County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.4% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 34237 (Sarasota, FL) is roughly split between renters and owners, 24.8% of residents hold a bachelor's degree or higher.

Population

17,367

Median income

$66,762

Median age

Renters

52.4%

Age distribution

18.8%

25.8%

29.1%

15.7%

Under 1818.8%

18–3425.8%

35–5429.1%

55–6410.6%

65+15.7%

Gender

47.7%

52.3%

Male47.7%

Female52.3%

Race & ethnicity

57.6%

32.6%

White57.6%

Black10.8%

Hispanic32.6%

Asian0.7%

Education (25+)

35.9%

27.3%

24.8%

No HS diploma11.9%

HS diploma35.9%

Some college27.3%

Bachelor's+24.8%

Housing tenure

47.6%

52.4%

Owner47.6%

Renter52.4%

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

2023 vs 2026

How ZIP 34237 in Sarasota, FL has changed in 5 years

Rent

$1,994 → $1,979

down 0.8%

Income

$55,828 → $66,762

up 19.6%

Population

17,742 → 17,367

down 2.1%

Renter share

55.2% → 52.4%

-2.8 pts

Bachelor's+

22.3% → 24.8%

+2.5 pts

Median age

39.5 → 39

-0.5 yrs

Rent in ZIP 34237 in Sarasota, FL has fallen 0.8% since 2023, going from about $1,994 per month to roughly $1,979 today. Local incomes tracked alongside that move, going from a median of $55,828 in 2021 to $66,762 more recently. Income growth outran rent by about 20.4 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 17,742 to 17,367 between 2021 and 2024, a 2.1% change. About 52.4% of households rent today, against 55.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 22.3% to 24.8%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 34237 in Sarasota, FL market of 2023.

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About renting in ZIP 34237

Last updated: October 17, 2026

ZIP code 34237 covers Sarasota, FL. The median rent here is $1,979/mo as of October 2026. A 1-bedroom rents for a median of $1,590/mo. A 2-bedroom rents for a median of $1,850/mo.

At 36% of local median household income ($66,762/yr), ZIP 34237 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34237?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (about $38/hour full-time) to afford the median rent of $1,979/mo in ZIP 34237. The local median household income is $66,762/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 34237?

Rent in ZIP 34237 has risen 1.4% over the past year as of September 2026. It sits 2.4% below its high of $2,027 in March 2024.

How does ZIP 34237 compare to other ZIPs in Florida?

ZIP 34237 is in the middle among Florida ZIP codes for rent, ranking #378 of 656 at $1,979/mo. Over the year to September 2026, rent in ZIP 34237 changed +1.4%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.