Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Florence area can be challenging. Home prices in Florence are now at a median cost of $173,375, lower than the Illinois average of $242,002.
The average cost of rent is $810/mo in Florence, primarily driven by the current value of real estate in the Florence area. While nearly 47.70% of residents own their homes outright in Florence, 13.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Florence is $7,474 per month. Households that rent pay about 10.83% of their income on rent here. Florence's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Freeport, IL: less expensive homes
- Baileyville, IL: equally priced homes
- Harper, IL: higher priced homes
- Shannon, IL: equally priced homes
- Eleroy, IL: equally priced homes
- Scioto Mills, IL: less expensive homes
- Forreston, IL: less expensive homes
- Pearl City, IL: less expensive homes
- German Valley, IL: less expensive homes
- Cedarville, IL: less expensive homes
Cities with Similar Populations
- South Hingham, MA: higher priced homes
- Kanopolis, KS: less expensive homes
- Kelat, KY: equally priced homes
- King Ferry, NY: higher priced homes
- Knappa, OR: higher priced homes
- La Fayette, IL: less expensive homes
- Lacrosse, WA: less expensive homes
- Lahmansville, WV: higher priced homes
- Lakeside, MI: higher priced homes
- Locust Grove, KY: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood