Real Estate Investing in Port Saint Lucie, Florida (34987)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Saint Lucie County • Population: 17,911 • Data updated: September 2026

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Should you buy in 34987 (Port Saint Lucie, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (55/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.8% vacancy may signal weakening demand.

What’s happening in Port Saint Lucie, FL (34987)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $448,638
Avg Monthly Rent $2,471
1% Rule ✗ Does Not Meet
Median Income $80,065
% Renters 19.4%

Market Analysis: 34987 Port Saint Lucie

The 34987 ZIP covers a section of Port Saint Lucie that demands careful diligence. Prices near $449K look accessible, but the work to make a deal cash flow is real.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 34987 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Regionally, 34987 sits on the difficult end of the FL spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.

The demographic picture in 34987 includes headwinds that any investor should price in. Income distribution skews lower than Port Saint Lucie averages, and tenant stability requires active management.

Distressed ZIPs reward experience. robust returns are possible in 34987, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Port Saint Lucie:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
18/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.6× the median income
Value Trend
Declining (-0.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,471/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Port St. Lucie, FL Metro Area
More inventory, negotiating room for buyers
95 days
Average time to sell
Slow
7.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Port St. Lucie, FL metro data
🏠

Property Strategy for 34987

Which property type performs best in this market?

Best for Cash Flow
4BR
5.5% cap rate
Best for Appreciation
4BR
+7.8% 5yr CAGR
Best Overall Value
5BR
$103,374/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $384,245 $2,500 4.7% +5.9% $192,123
3BR $459,617 $3,440 5.4% +7.0% $153,206
4BR $480,381 $3,670 5.5% +7.8% $120,095
5BR $516,868 +7.7% $103,374

Market Trends

Home Value History (with trend line)

$537K$459K$381K$304K$226K$148KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,557$2,502$2,446$2,391$2,335$2,280Feb 2023Nov 2024Jul 2026

📊 How Does 34987 Compare?

Metric 34987 Port Saint Lucie Port St. Lucie, FL Florida
Home Value $448,638 $383,904 N/A $374,697
5-Year CAGR 3.8% 4.8% N/A 7.4%
Avg Rent $2,471 $2,353 N/A -
Cap Rate 4.3% 4.8% - -
💡 Why Invest in 34987? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 34987 (Port Saint Lucie, FL). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.3%
Fair
5yr Growth
+3.8%
Moderate

📉 Market Crash Risk Index

Based on Port St. Lucie, FL metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
74%
Days Pending
2/2
95 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $448,638
Monthly Rent $2,471
Price-to-Rent 15.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.6%
Cap Rate 4.3%
5-Year IRR 8.1%

📈 Home Appreciation

1-Year -0.4% ▼
3-Year CAGR -3.1% ▼
5-Year CAGR +3.8% ▲
10-Year CAGR +5.3% ▲

🏠 Rent Trends

1-Year -1.8% ▼
3-Year CAGR 0.0% ▼
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
10.8%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 34987

Population: 17,911

💰 Median Household Income
$80,065
This area
$80,065
State
$70,737
USA
$74,580
🏠 Renter Occupied
19.4%
This area
19.4%
State
29.9%
USA
34.0%
💼 Unemployment Rate
1.6%
This area
1.6%
State
-18.0%
USA
3.7%
🎓 College Educated
40.5%
This area
40.5%
State
4.7%
USA
33.7%
👤 Median Age
59.8 years
This area
59.8 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
10.8%
This area
10.8%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 72.8%
Black/African American 16.6%
Other/Mixed 9.0%
Hispanic/Latino 7.5%
Asian 1.6%
👶 Under 18
13.6%
This area
13.6%
USA
22.0%
👴 65 and Over
42.2%
This area
42.2%
USA
17.3%
📊 Poverty Rate
1.0%
This area
1.0%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 34987

C+ Avg School Grade
4 Schools
18.5:1 Avg Class Size
$11,649 Avg Per Pupil

Schools in This ZIP Code

C+ Average

ALLAPATTAH FLATS K-8

📚 Pre-K – 08 School
👥
1,312 Students
👨‍🏫
19.9:1 Class Size
💰
$11,649 Per Student
C+ Average
👥
1,501 Students
👨‍🏫
17.1:1 Class Size
C+ Average

MOSAIC DIGITAL ACADEMY (ST. LUCIE VIRTUAL FRANCHISE) PT

📚 06 – 12 High School Limited Data
💰
$11,649 Per Student
C Below Average
👥
13 Students
💰
$11,649 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

3 Nearby 3,821 Off-Campus Students
D
Fortis Institute-Port Saint Lucie
472 students · 12.7 mi
C+
Indian River State College
15,104 students · 13.3 mi
C+
Fort Pierce Beauty Academy
30 students · 14.2 mi

Investor Insight: With 3,821 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What kind of tenants rent in Port Saint Lucie, FL?

Port Saint Lucie, FL offers a reliable renter base at the $2,471/mo rent level. Tenant turnover is reasonable for well-managed properties.

Which investment style suits Port Saint Lucie, FL?

Investors usually favor careful cash-flow rentals with hands-on management in Port Saint Lucie, FL. With home values at $449K and rents near $2,471/mo, other strategies can work but produce steady rather than outsized returns.

What price range are homes in Port Saint Lucie, FL?

The median home value in Port Saint Lucie, FL is roughly $449K. That puts it reasonable relative to the FL statewide average.

Is FL a landlord-friendly state?

The landlord environment in Port Saint Lucie, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

Does a duplex house hack pencil in Port Saint Lucie, FL?

For house hackers, Port Saint Lucie, FL is a challenging. The $2,471/mo rent on a unit helps defray the mortgage on a $449K property.

You know 34987 now. You don’t know where it ranks.

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How 34987 ranks in Port St. Lucie, FL

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