ZIP Code · FL

ZIP 34990

Pop. 30,592·Martin County·127th most expensive ZIP in Florida
Median rent (all units)
$2,612/mo
Year-over-Year
+3.6%
Month-over-Month
+2.4%
vs US Median
+$647
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 34990 · $2,612
More expensive than 82% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,820
1 BR
$1,840
2 BR
$2,200
3 BR
$3,030
4 BR+
$3,230
Research median
$2,200/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
$31,344/yr
At $2,612/mo median
Location
StateFL
CountyMartin County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.6% YoY, +2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 34990 (Palm City, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 47.7% of residents hold a bachelor's degree or higher.

Population
30,592
Median income
$129,560
Median age
52.2
Renters
9.2%
Age distribution
18.7%
24.7%
16%
29.4%
Under 1818.7%
18–3411.2%
35–5424.7%
55–6416%
65+29.4%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
84.6%
White84.6%
Black0.6%
Hispanic10.3%
Asian1.9%
Other2.5%
Education (25+)
18.2%
31.1%
47.7%
No HS diploma3%
HS diploma18.2%
Some college31.1%
Bachelor's+47.7%
Housing tenure
90.8%
Owner90.8%
Renter9.2%

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

2021 vs 2026

How ZIP 34990 in Palm City, FL has changed in 5 years

Income
$105,527 → $129,560
up 22.8%
Population
30,156 → 30,592
up 1.4%
Renter share
11% → 9.2%
-1.8 pts
Bachelor's+
47.3% → 47.7%
+0.4 pts
Median age
51.5 → 52.2
+0.7 yrs

On the earnings side, the typical household in ZIP 34990 in Palm City, FL now reports about $129,560, up from $105,527 in 2021. Census counts show ZIP 34990 in Palm City, FL adding about 436 residents over the five-year window, up 1.4% on net. The renter share has eased from 11% to 9.2%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 34990

Last updated: July 20, 2026

ZIP code 34990 covers Palm City, FL. The median rent here is $2,612/mo as of July 2026. A 1-bedroom rents for a median of $1,840/mo. A 2-bedroom rents for a median of $2,200/mo.

At 24% of local median household income ($129,560/yr), ZIP 34990 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 34990?

As of July 20, 2026, the median monthly rent in ZIP 34990 (Palm City, FL) is $2,612. This is based on aggregated data from public sources and community submissions.

How does ZIP 34990 rent compare to the US average?

ZIP 34990's median rent of $2,612/mo is $647 (33%) above the US national median of $1,965/mo.

How does ZIP 34990 compare to other ZIPs in Florida?

ZIP 34990 is one of the pricier ZIP codes in Florida, ranking #127 out of 662 ZIPs tracked at $2,612/mo.

How much income do you need to rent in ZIP 34990?

To keep rent at or below 30% of gross income, you would need to earn at least $104,000/year (~$50/hour full-time) to afford the median rent of $2,612/mo in ZIP 34990. The local median household income is $129,560/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 34990?

Rent in ZIP 34990 has increased 3.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 34990 an affordable place to rent?

ZIP 34990 is considered very affordable for renters. At $2,612/mo, rent takes approximately 24% of the local median household income ($129,560/yr). The standard benchmark is 30%. ZIP 34990 falls comfortably within that range.

What percentage of ZIP 34990 residents rent vs. own?

According to Census data, approximately 9.2% of ZIP 34990 households are renters, while 90.8% are owner-occupied. ZIP 34990 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 34990 compare to the rest of Palm City?

ZIP 34990 sits right at the Palm City citywide median of $2,612/mo.

When was rent data for ZIP 34990 last updated?

Rent data for ZIP 34990 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,612/mo, rent takes ~24% of ZIP 34990's median household income ($129,560/yr). The standard benchmark is 30%.

ZIP 34990 24%Benchmark 30%
State income taxNone
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Schools nearby

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