North Port-Sarasota-Bradenton, FL · Florida
Sarasota County
ZIP 34240
449,011 residents6,591 permits TTM$80,633 median HHI24 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$373,100
ACS 5-Year
Cap rate proxy
6.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
25.5%
HUD FMR ÷ ACS HHI
Net migration
+3.49%
IRS SOI
Permits (TTM)
6,591
Census BPS
Climate risk
98.2
FEMA NRI (0–100)
ZIP 34240
Median home value
$740,804
Gross yield
4.5%
Buy Box score
0.1
Section 8 gap
60.3%
Affordability
P/I: 9.2R/I: 33.4%
Section 8 detail
SAFMR: $2,750Rent: $1,715Gap: 60.3%
ZIP code breakdown24 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 34287 | $249,092 | $1,630 | 7.9% | 9.2% | -17.3% |
| 34234 | $274,122 | $1,690 | 7.4% | 8.5% | -14.6% |
| 34285 | $371,911 | $1,750 | 5.6% | 8.4% | -49.4% |
| 34293 | $364,240 | $2,170 | 7.1% | 8.4% | -17.6% |
| 34286 | $309,005 | $2,370 | 9.2% | 8.3% | 9.4% |
| 34235 | $311,392 | $2,100 | 8.1% | 8.3% | -1.9% |
| 34233 | $360,099 | $2,200 | 7.3% | 7.9% | -8.2% |
| 34237 | $274,798 | $1,850 | 8.1% | 7.9% | 2.4% |
| 34291 | $315,004 | $2,150 | 8.2% | 7.8% | 4.7% |
| 34232 | $354,340 | $2,170 | 7.3% | 7.3% | 0.4% |
| 34223 | $370,157 | $1,560 | 5.1% | 7.2% | -41.5% |
| 34288 | $319,208 | $2,290 | 8.6% | 6.7% | 21.8% |
| 34231 | $358,083 | $2,050 | 6.9% | 6.5% | 5.1% |
| 34239 | $490,822 | $1,970 | 4.8% | 6.5% | -34.7% |
| 34241 | $583,270 | $2,350 | 4.8% | 6.3% | -29.3% |
| 34289 | $337,861 | $2,060 | 7.3% | 6.1% | 16.8% |
| 34292 | $399,054 | $2,240 | 6.7% | 5.5% | 18.9% |
| 34275 | $500,310 | $1,940 | 4.7% | 5.3% | -14.7% |
| 34229 | $662,626 | $2,290 | 4.1% | 5.2% | -26.6% |
| 34238 | $500,132 | $2,350 | 5.6% | 4.7% | 16.0% |
| 34240 | $740,804 | $2,750 | 4.5% | 3.6% | 18.3% |
| 34236 | $1,029,754 | $2,340 | 2.7% | 3.4% | -25.3% |
| 34242 | $830,655 | $2,760 | 4.0% | 2.5% | -147.2% |
| 34228 | $968,169 | $2,940 | 3.6% | 2.1% | 41.7% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
76.3%
Census ACS
Vacancy rate
21.0%
Census ACS
Bachelor's degree +
39.7%
Census ACS
Rent burdened
52.1%
Census ACS (>30% income)
Median age
57.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026