ZIP Code · FL

ZIP 34237

Part of Sarasota, FL
Pop. 17,367·Sarasota County·434th most expensive ZIP in Florida
Median rent (all units)
$1,918/mo
Year-over-Year
+3.5%
Month-over-Month
+1.4%
vs US Median
-$47
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 34237 · $1,918
More expensive than 56% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$23,016/yr
At $1,918/mo median
Location
StateFL
CountySarasota County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.5% YoY, +1.4% 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
39
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

2021 vs 2026

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

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

Local incomes tracked alongside that move, going from a median of $55,828 in 2021 to $66,762 more recently. 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%.

Community

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Local insights

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About renting in ZIP 34237

Last updated: July 20, 2026

ZIP code 34237 covers Sarasota, FL. The median rent here is $1,918/mo as of July 2026. A 1-bedroom rents for a median of $1,590/mo. A 2-bedroom rents for a median of $1,850/mo.

At 34% of local median household income ($66,762/yr), ZIP 34237 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 34237?

As of July 20, 2026, the median monthly rent in ZIP 34237 (Sarasota, FL) is $1,918. This is based on aggregated data from public sources and community submissions.

How does ZIP 34237 rent compare to the US average?

ZIP 34237's median rent of $1,918/mo is $47 (2%) below the US national median of $1,965/mo.

How does ZIP 34237 compare to other ZIPs in Florida?

ZIP 34237 falls in the middle range for Florida, ranking #434 out of 662 ZIPs at $1,918/mo.

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 $77,000/year (~$37/hour full-time) to afford the median rent of $1,918/mo in ZIP 34237. The local median household income is $66,762/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 34237?

Rent in ZIP 34237 has increased 3.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 34237 an affordable place to rent?

ZIP 34237 is considered moderate for renters. At $1,918/mo, rent takes approximately 34% of the local median household income ($66,762/yr). The standard benchmark is 30%. ZIP 34237 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 34237 residents rent vs. own?

According to Census data, approximately 52.4% of ZIP 34237 households are renters, while 47.6% are owner-occupied. With a majority renter population, ZIP 34237 has a strong rental market.

How does ZIP 34237 compare to the rest of Sarasota?

ZIP 34237 is more affordable than Sarasota overall. At $1,918/mo, it's $300 below the Sarasota citywide median of $2,218/mo.

When was rent data for ZIP 34237 last updated?

Rent data for ZIP 34237 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $1,918/mo, rent takes ~34% of ZIP 34237's median household income ($66,762/yr). The standard benchmark is 30%.

ZIP 34237 34%Benchmark 30%
State income taxNone
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