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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in ZCTA5 34231, Florida?

$1,821/month 6.7%vs 2023 ($1,707)

ZIP code · Census ACS 5-Year estimates

The median gross rent in ZCTA5 34231, Florida (ZIP 34231) is $1,821/month (±$79), based on Census ACS 5-Year estimates (2024). The median home value is $386,900 (±$12,700), and the median household income is $69,925/year. The unemployment rate in Sarasota County, Florida was 4.9% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 34231

MetricValue
Median Gross Rent$1,821
Median Home Value$386,900
Median Household Income$69,925
Total Housing Units15,546
Renter-Occupied Units5,492
Renter-Occupied Share35%
Households Paying 50%+ Income1,983 households
Unemployment Rate(April 2026)4.9%

How does ZIP 34231 compare?

Median gross rent ranked against all ZIP codes in Florida.

Higher rent than 70% of ZIP codes in Florida · 276th of 902

Cheapest: ZCTA5 32096($577)
Priciest: ZCTA5 34228($3,501)
#ZIP codeValue
1ZCTA5 34228$3,501
1ZCTA5 33158$3,501
1ZCTA5 33498$3,501
… 272 more …
276ZCTA5 34231(you are here)$1,821
… 623 more …
900ZCTA5 32096$577
901ZCTA5 32666$542
902ZCTA5 32567$442

Geography

ZIP 34231 is in Sarasota County, Florida.

It covers part of Gulf Gate CDP city, Florida.

More data for ZCTA5 34231

Frequently asked questions

What is the average rent in ZCTA5 34231, Florida?

The median gross rent in ZCTA5 34231, Florida (ZIP 34231) is $1,821/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in ZCTA5 34231, Florida?

The median rent for a 2-bedroom in ZCTA5 34231, Florida is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in ZCTA5 34231, Florida?

The median home value in ZCTA5 34231, Florida (ZIP 34231) is $386,900 according to Census ACS 5-Year estimates (2024).

What percentage of renters in ZCTA5 34231 are rent-burdened?

In ZCTA5 34231, Florida, 1,983 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in ZCTA5 34231, Florida?

The median household income in ZCTA5 34231, Florida is $69,925/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,821 has a margin of error of ±$79. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.