ZIP Code · FL

ZIP 34994

Part of Stuart, FL

Pop. 18,737·Martin County·275th most expensive ZIP in Florida

Median rent (all units)

$2,165/mo

Year-over-Year

+3.4%

Month-over-Month

+0.2%

vs US Median

+$233

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 34994 · $2,165

More expensive than 69% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,480

1 BR

$1,490

2 BR

$1,790

3 BR

$2,470

4 BR+

$2,630

Research median

$1,790/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 34994 is at its highest level since Zillow's records here began in January 2022.

Past year vs. the rest of Florida

Rent in ZIP 34994 changed +3.4% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($62,533) is $1,563 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,490); a 2-bedroom is $1,790.

From Zillow's monthly rent index (ZORI) for ZIP 34994. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$25,980/yr

At $2,165/mo median

Location

CityStuart

StateFL

CountyMartin County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.4% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 34994 (Stuart, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 36.2% of residents hold a bachelor's degree or higher.

Population

18,737

Median income

$62,533

Median age

Renters

42.1%

Age distribution

15.9%

18.4%

22.5%

12.4%

30.8%

Under 1815.9%

18–3418.4%

35–5422.5%

55–6412.4%

65+30.8%

Gender

47.6%

52.4%

Male47.6%

Female52.4%

Race & ethnicity

67.9%

23.2%

White67.9%

Black12%

Hispanic23.2%

Asian0.6%

Education (25+)

25.9%

29.6%

36.2%

No HS diploma8.4%

HS diploma25.9%

Some college29.6%

Bachelor's+36.2%

Housing tenure

57.9%

42.1%

Owner57.9%

Renter42.1%

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

2022 vs 2026

How ZIP 34994 in Stuart, FL has changed in 5 years

Rent

$1,783 → $2,165

up 21.4%

Income

$51,706 → $62,533

up 20.9%

Population

18,187 → 18,737

up 3.0%

Renter share

39.7% → 42.1%

+2.4 pts

Bachelor's+

30% → 36.2%

+6.2 pts

Median age

49.5 → 49

-0.5 yrs

Compared with 2022, rent in ZIP 34994 in Stuart, FL has increased by $382 per month, settling near $2,165 after starting the period at $1,783. On the earnings side, the typical household in ZIP 34994 in Stuart, FL now reports about $62,533, up from $51,706 in 2021. Headcount in the area went from 18,187 to 18,737 between 2021 and 2024, a 3.0% change. About 42.1% of households rent today, against 39.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 30% to 36.2%. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 34994 in Stuart, FL reflects that arc in its own way.

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About renting in ZIP 34994

Last updated: October 17, 2026

ZIP code 34994 covers Stuart, FL. The median rent here is $2,165/mo as of October 2026. A 1-bedroom rents for a median of $1,490/mo. A 2-bedroom rents for a median of $1,790/mo.

At 42% of local median household income ($62,533/yr), ZIP 34994 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34994?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (about $42/hour full-time) to afford the median rent of $2,165/mo in ZIP 34994. The local median household income is $62,533/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 34994?

Rent in ZIP 34994 has risen 3.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2022.

How does ZIP 34994 compare to other ZIPs in Florida?

ZIP 34994 is in the middle among Florida ZIP codes for rent, ranking #275 of 656 at $2,165/mo. Over the year to September 2026, rent in ZIP 34994 changed +3.4%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.