ZIP Code · FL

ZIP 34997

Part of Stuart, FL
Pop. 47,075·Martin County·319th most expensive ZIP in Florida
Median rent (all units)
$2,085/mo
Year-over-Year
+2.6%
Month-over-Month
-0.3%
vs US Median
+$153
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 34997 · $2,085
More expensive than 65% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,450
1 BR
$1,460
2 BR
$1,750
3 BR
$2,410
4 BR+
$2,570
Research median
$1,750/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 34997 is 0.8% below its high of $2,102 in July 2026, at $2,085 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 34997 changed +2.6% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($78,136) is $1,953 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,750); a 3-bedroom is $2,410.

From Zillow's monthly rent index (ZORI) for ZIP 34997. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,020/yr
At $2,085/mo median
Location
CityStuart
StateFL
CountyMartin County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.6% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 34997 (Stuart, FL) is majority owner-occupied, has a large retiree population, 31.6% of residents hold a bachelor's degree or higher.

Population
47,075
Median income
$78,136
Median age
53.2
Renters
19.1%
Age distribution
15.9%
17.7%
18.9%
15.5%
32.1%
Under 1815.9%
18–3417.7%
35–5418.9%
55–6415.5%
65+32.1%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
78.8%
17.1%
White78.8%
Black3.6%
Hispanic17.1%
Asian1.3%
Education (25+)
25.8%
35.4%
31.6%
No HS diploma7.2%
HS diploma25.8%
Some college35.4%
Bachelor's+31.6%
Housing tenure
80.9%
19.1%
Owner80.9%
Renter19.1%

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

2022 vs 2026

How ZIP 34997 in Stuart, FL has changed in 5 years

Rent
$1,777 → $2,085
up 17.3%
Income
$64,594 → $78,136
up 21.0%
Population
44,630 → 47,075
up 5.5%
Renter share
18.5% → 19.1%
+0.6 pts
Bachelor's+
28% → 31.6%
+3.6 pts
Median age
51.9 → 53.2
+1.3 yrs

The median rent in ZIP 34997 in Stuart, FL stood at $1,777 in 2022 and currently runs about $2,085, reflecting a 17.3% increase over the period. Household income in the area moved from $64,594 to $78,136 across the same window, up 21.0% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 5.5% since 2021, moving from about 44,630 residents to roughly 47,075. College-educated residents now make up 31.6% of adults here, versus 28% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 34997 in Stuart, FL look reasonable against where the market sat half a decade ago.

Community

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About renting in ZIP 34997

Last updated: October 17, 2026

ZIP code 34997 covers Stuart, FL. The median rent here is $2,085/mo as of October 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,750/mo.

At 32% of local median household income ($78,136/yr), ZIP 34997 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34997?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,085/mo in ZIP 34997. The local median household income is $78,136/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 34997?

Rent in ZIP 34997 has risen 2.6% over the past year as of September 2026. It sits 0.8% below its high of $2,102 in July 2026.

How does ZIP 34997 compare to other ZIPs in Florida?

ZIP 34997 is in the middle among Florida ZIP codes for rent, ranking #319 of 656 at $2,085/mo. Over the year to September 2026, rent in ZIP 34997 changed +2.6%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 34997 compare to the rest of Stuart?

At $2,085/mo, ZIP 34997 is $66 below the Stuart citywide median of $2,151/mo.
Income Affordability
32%
MODERATE

At $2,085/mo, rent takes ~32% of ZIP 34997's median household income ($78,136/yr). The standard benchmark is 30%.

ZIP 34997 32%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 34997 (Stuart, FL)

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