Location: North Port-Bradenton-Sarasota, FL | Metro: North Port-Bradenton-Sarasota, FL MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,970 |
| 1 Bedroom | $2,120 |
| 2 Bedrooms | $2,470 |
| 3 Bedrooms | $3,130 |
| 4 Bedrooms | $3,740 |
| 5 Bedrooms | $4,338 |
| 6 Bedrooms | $4,859 |
| 7 Bedrooms | $5,248 |
| 8 Bedrooms | $5,510 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,470 | $273,359 | 0.9% | C |
| 3BR | $3,130 | $464,345 | 0.67% | D |
| 4BR | $3,740 | $547,419 | 0.68% | D |
U.S. Census Bureau data (2024)
The real estate landscape in Venice, Florida (ZIP 34292), reveals a balanced market with implications for both short-term pricing power and long-term investment potential. The median home value stands at $400,201, indicating a middle-tier market that has attracted a range of buyers. Despite this, only 0.3% of listings have been reduced, suggesting that sellers are maintaining their asking prices, reflecting a level of confidence in the market's ability to absorb homes at current valuations.
The median days on market (DOM) figure of 42 days is another critical indicator. This relatively low DOM suggests that homes are moving quickly, which can be attributed to either strong demand or effective pricing strategies. Given the low reduction rate, it’s likely that the quick turnover is due to effective pricing rather than significant discounts. This dynamic implies that landlords and small- portfolio investors will retain considerable pricing power over the next 12-24 months, as the market shows little sign of weakening.
On the rental side, the Fair Market Rent (FMR) for ZIP 34292 in fiscal year 2024 is projected to be $2,030, compared to the current market rent (ZORI) of $1,974. This slight upward pressure on rents signals a potential for rental income growth, albeit modest. Landlords should expect steady, if not incremental, increases in rental rates, aligning with the broader economic trends and cost of living adjustments.
For long-hold investors, the setup suggests a realistic appreciation thesis. The combination of stable home values, quick sales cycles, and slightly rising rents indicates a market that is likely to maintain its value. However, the appreciation rate is expected to remain moderate, reflecting the broader economic environment rather than speculative bubbles. Investors should anticipate annual appreciation rates in line with historical averages, around 2-4%, rather than the double-digit gains seen in more volatile markets.
In conclusion, the data points towards a resilient market in Venice, FL, with solid fundamentals supporting both property values and rental incomes. While rapid price escalation is unlikely, the market provides a secure foundation for long-term investments, ensuring stability and gradual growth in asset value.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.