Housing market/Florida/ZIP 34231

ACS 2023 · FY2027 SAFMR

ZIP 34231 Sarasota, 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
32,203
Households
15,529
Median HH income
$69,721
Renter share
34.1%
Median gross rent
$1,707
Vacancy
18.3%
Pop. change
+6.4%
2BR SAFMR
$2,260
SAFMR / rent
1.324×
2–49 unit stock
4,190
LIHTC proj / units
3 / 4
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 34231 · FL — sent to you.

ZIP 34231 · FL

ACS median rent$1,707
2BR SAFMR$2,260
90% floor$2,034
110% ceiling$2,486

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

Housing stock

ACS 2023 units-in-structure · ZCTA 34231

  • 1-unit detached10,37754.6%
  • 1-unit attached2,00610.6%
  • 2–4 units1,1536.1%
  • 5–49 units3,03716.0%
  • 50+ units1,3887.3%
  • Mobile1,0405.5%
TypeUnitsShare
1-unit detached10,37754.6%
1-unit attached2,00610.5%
2 units (duplex)3822.0%
3–4 units7714.1%
5–9 units1,2156.4%
10–19 units1,0915.7%
20–49 units7313.8%
50+ units1,3887.3%
Mobile1,0405.5%

2–4 unit share 6.1% · 5–49 unit share 16.0% · combined 2–49 22.0%.

Units by bedrooms

Studio
318
1BR
1,916
2BR
8,493
3BR
6,759
4BR
1,215
5+
316

Rent burden

Rent ≥30% of income60.7%
Rent ≥50% of income35.0%
  • ACS median gross rent $1,707 (all bedrooms, occupied rentals).
  • Median contract rent $1,549.
  • Renters paying ≥30% of income 60.7%; ≥50% 35.0%.
  • FY2027 2BR SAFMR $2,260 (1.324× ACS median gross rent).

Population

32,203 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.4%.

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

Assisted inventory

  • LIHTC: 3 projects, 4 units.
  • 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 34231 34.1% of occupied households are renters; vacancy is 18.3%; ACS median gross rent is $1,707; population increased +6.4% between the 2018 and 2023 ACS vintages; the housing stock includes 1,153 units in 2–4-unit structures and 3,037 units in 5–49-unit structures; 3 LIHTC projects totaling 4 units; FY2027 2BR SAFMR is $2,260 versus ACS median gross rent of $1,707. 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 34231 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 34231?

ZIP 34231 (North Port-Bradenton-Sarasota, FL MSA) has 32,203 residents, 15,529 households, a renter share of 34.1%, median household income of $69,721, and ACS 2023 median gross rent of $1,707. Vacancy is 18.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 34231?

ACS counts 382 units in 2-unit buildings, 771 in 3–4 unit buildings, 1,215 in 5–9, 1,091 in 10–19, and 731 in 20–49. Combined 2–49 unit stock is 4,190 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 34231?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,260. See the full schedule and 90–110% payment-standard band on the ZIP 34231 — Sarasota, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 34231 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.