Housing market/Florida/ZIP 34237

ACS 2023 · FY2027 SAFMR

ZIP 34237 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
17,568
Households
7,365
Median HH income
$63,133
Renter share
56.7%
Median gross rent
$1,524
Vacancy
19.9%
Pop. change
+1.5%
2BR SAFMR
$2,090
SAFMR / rent
1.371×
2–49 unit stock
3,134
LIHTC proj / units
1 / 80
HUD assisted MF
1 / 40

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 34237 · FL — sent to you.

ZIP 34237 · FL

ACS median rent$1,524
2BR SAFMR$2,090
90% floor$1,881
110% ceiling$2,299

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

Housing stock

ACS 2023 units-in-structure · ZCTA 34237

  • 1-unit detached3,85142.1%
  • 1-unit attached7318.0%
  • 2–4 units7328.0%
  • 5–49 units2,40226.2%
  • 50+ units5706.2%
  • Mobile8719.5%
TypeUnitsShare
1-unit detached3,85141.9%
1-unit attached7318.0%
2 units (duplex)1471.6%
3–4 units5856.4%
5–9 units1,01211.0%
10–19 units1,05611.5%
20–49 units3343.6%
50+ units5706.2%
Mobile8719.5%

2–4 unit share 8.0% · 5–49 unit share 26.1% · combined 2–49 34.1%.

Units by bedrooms

Studio
206
1BR
1,286
2BR
4,394
3BR
2,937
4BR
299
5+
72

Rent burden

Rent ≥30% of income54.5%
Rent ≥50% of income22.8%
  • ACS median gross rent $1,524 (all bedrooms, occupied rentals).
  • Median contract rent $1,371.
  • Renters paying ≥30% of income 54.5%; ≥50% 22.8%.
  • FY2027 2BR SAFMR $2,090 (1.371× ACS median gross rent).

Population

17,568 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.5%.

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

Assisted inventory

  • LIHTC: 1 projects, 80 units.
  • HUD project-based assisted MF: 1 properties, 40 assisted units.
  • 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 34237 56.7% of occupied households are renters; vacancy is 19.9%; ACS median gross rent is $1,524; population increased +1.5% between the 2018 and 2023 ACS vintages; the housing stock includes 732 units in 2–4-unit structures and 2,402 units in 5–49-unit structures; 1 LIHTC projects totaling 80 units; FY2027 2BR SAFMR is $2,090 versus ACS median gross rent of $1,524. 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 34237 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 34237?

ZIP 34237 (North Port-Bradenton-Sarasota, FL MSA) has 17,568 residents, 7,365 households, a renter share of 56.7%, median household income of $63,133, and ACS 2023 median gross rent of $1,524. Vacancy is 19.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 34237?

ACS counts 147 units in 2-unit buildings, 585 in 3–4 unit buildings, 1,012 in 5–9, 1,056 in 10–19, and 334 in 20–49. Combined 2–49 unit stock is 3,134 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 34237?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,090. See the full schedule and 90–110% payment-standard band on the ZIP 34237 — Sarasota, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 34237 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.