Housing market/Florida/ZIP 34229

ACS 2023 · FY2027 SAFMR

ZIP 34229 Osprey, Florida

North Port-Bradenton-Sarasota, FL MSA · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
7,237
Households
3,516
Median HH income
$93,949
Renter share
11.2%
Median gross rent
$2,008
Vacancy
24.6%
Pop. change
-7.5%
2BR SAFMR
$2,380
SAFMR / rent
1.185×
2–49 unit stock
1,202
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 34229 · FL — sent to you.

ZIP 34229 · FL

ACS median rent$2,008
2BR SAFMR$2,380
90% floor$2,142
110% ceiling$2,618

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 34229

  • 1-unit detached2,99164.2%
  • 1-unit attached2244.8%
  • 2–4 units3026.5%
  • 5–49 units90019.3%
  • 50+ units350.8%
  • Mobile2104.5%
TypeUnitsShare
1-unit detached2,99164.2%
1-unit attached2244.8%
2 units (duplex)00.0%
3–4 units3026.5%
5–9 units2385.1%
10–19 units3226.9%
20–49 units3407.3%
50+ units350.8%
Mobile2104.5%

2–4 unit share 6.5% · 5–49 unit share 19.3% · combined 2–49 25.8%.

Units by bedrooms

Studio
18
1BR
241
2BR
1,037
3BR
2,053
4BR
1,031
5+
282

Rent burden

Rent ≥30% of income34.7%
Rent ≥50% of income9.1%
  • ACS median gross rent $2,008 (all bedrooms, occupied rentals).
  • Renters paying ≥30% of income 34.7%; ≥50% 9.1%.
  • FY2027 2BR SAFMR $2,380 (1.185× ACS median gross rent).

Population

7,237 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -7.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,212 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 34229 11.2% of occupied households are renters; vacancy is 24.6%; ACS median gross rent is $2,008; population changed -7.5% between the 2018 and 2023 ACS vintages; the housing stock includes 302 units in 2–4-unit structures and 900 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,380 versus ACS median gross rent of $2,008. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Florida research

ZIP 34229 is a Census / HUD profile for North Port-Bradenton-Sarasota, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Florida research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 34229?

ZIP 34229 (North Port-Bradenton-Sarasota, FL MSA) has 7,237 residents, 3,516 households, a renter share of 11.2%, median household income of $93,949, and ACS 2023 median gross rent of $2,008. Vacancy is 24.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 34229?

ACS counts 0 units in 2-unit buildings, 302 in 3–4 unit buildings, 238 in 5–9, 322 in 10–19, and 340 in 20–49. Combined 2–49 unit stock is 1,202 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 34229?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,380. See the full schedule and 90–110% payment-standard band on the ZIP 34229 — Osprey, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 34229 is Census / HUD research for North Port-Bradenton-Sarasota, FL MSA. Jeff Crowe CRE does not list Florida property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.