Rental market snapshot for Florence, Alabama

Florence, Alabama Rental Property Market Overview

Florence, Alabama is a city located in the northwest corner of the state with a population of 39,933 as of 2021, according to the US Census. It is the county seat of Lauderdale County and is known for its historic downtown area, which features a variety of shops, restaurants, and attractions. The city is also home to the University of North Alabama, the state's oldest four-year public university. Florence is a great place to live, work, and play, with plenty of outdoor activities, cultural attractions, and a vibrant local economy.

The average rent for an apartment in Florence is $1,558. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Florence Alabama | Cost of Living

  • The most expensive ZIP code in Florence is 35634 with an average price of $1,865.
  • The cheapest ZIP code in Florence is 35630 with an average price of $1,206.

Florence ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
135634$1,865
235633$1,708
335630$1,206

Live near Florence, Alabama's Top Sights and Attractions

Mcfarland Park is a beautiful outdoor recreation area located on the banks of the Tennessee River. It features a variety of activities, including a boat launch, fishing pier, picnic areas, walking trails, and a playground. The park also offers stunning views of the river and the surrounding area, making it a great spot for a relaxing day outdoors.

Deibert Park is a large outdoor recreation area located on the banks of the Tennessee River. It features a variety of activities for all ages, including a playground, walking trails, picnic areas, a fishing pier, and a boat launch. The park also offers a variety of sports fields and courts, including baseball, softball, basketball, and tennis. In addition, the park has a large pavilion and a stage for outdoor concerts and events. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

River Heritage Park is a beautiful outdoor space located on the banks of the Tennessee River. It features a variety of recreational activities, including a walking trail, picnic areas, and a playground. The park also offers stunning views of the river, making it a great spot for a relaxing stroll or a picnic. There is also a boat launch, allowing visitors to explore the river by kayak or canoe. The park is a great place to spend an afternoon with family or friends, and is a popular spot for locals and visitors alike.

Cox Creek Park is a beautiful outdoor recreation area located in Florence, Alabama. It features a variety of activities for visitors to enjoy, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a large pavilion and a fishing pier, perfect for a day of relaxation. With its lush greenery and peaceful atmosphere, Cox Creek Park is the perfect spot for a family outing or a romantic stroll.

VeteranS Memorial Park is a beautiful outdoor space located in Florence, Alabama. It features a large pond, walking trails, a playground, and a memorial wall dedicated to the veterans of the area. The memorial wall is made up of engraved bricks with the names of veterans and their service dates. There is also a gazebo, picnic tables, and benches for visitors to enjoy. The park is a great place to relax and reflect on the sacrifices of those who have served our country.

Wilson Park is a large outdoor recreational area located in Florence, Alabama. It features a variety of attractions, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a large amphitheater, which hosts concerts and other events throughout the year. There is also a large pavilion, which is used for special events and weddings. The park is a great place to spend a day outdoors, enjoying the natural beauty of the area.

Martin Park is a beautiful outdoor area located in Florence, Alabama. It features a large lake with a walking trail that winds around it, as well as a playground, picnic areas, and a pavilion. There are also several benches and tables scattered throughout the park, making it a great spot for a family outing or a romantic stroll. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Pickett Place is a historic home located in Florence, Alabama. Built in 1843, it is the oldest house in the city and is listed on the National Register of Historic Places. The house is a two-story Greek Revival-style home with a large front porch and a two-story portico. Inside, the house is filled with period antiques and furnishings, giving visitors a glimpse into the past. The house also features a large garden with a variety of plants and flowers. Visitors can take a guided tour of the house and grounds, and learn about the history of the home and the family who lived there.

North Florence Soccer Complex is a large outdoor sports complex located in Florence, Alabama. It features four full-size soccer fields, a concession stand, and a playground. The fields are well-maintained and have lights for night games. The complex also offers a variety of programs and activities for all ages, including youth soccer leagues, adult soccer leagues, and tournaments. The complex is a great place for families to come together and enjoy a game of soccer or just to relax and watch the action.

Wildwood Park is a sprawling outdoor recreation area located in Florence, Alabama. It features a variety of activities for visitors to enjoy, including a large lake for fishing, a swimming pool, a playground, a disc golf course, and several miles of trails for hiking, biking, and horseback riding. The park also has a picnic area with grills and tables, as well as a pavilion for larger gatherings. The park is open year-round and is a popular destination for locals and visitors alike.

Florence, Alabama area median rent change by ZIP code map

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How does Florence compare to other cities in Alabama?

citymedian price
Irondale$1,695
Montevallo$1,630
New Market$1,600
Daphne$1,500
Warrior$1,420
Midfield$1,285
Hoover$1,224

Average household income in Florence area graph - US Census

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The median household income in Florence in 2021 was $40,944. This represents a 20.0% change from 2011 when the median was $34,113.

#categorypercent
0Less than $10,00010.0%
1$10,000 to $14,9996.5%
2$15,000 to $19,9999.7%
3$20,000 to $24,9996.2%
4$25,000 to $29,9996.5%
5$30,000 to $34,9995.8%
6$35,000 to $39,9995.6%
7$40,000 to $44,9996.5%
8$45,000 to $49,9993.7%
9$50,000 to $59,9997.3%
10$60,000 to $74,9999.0%
11$75,000 to $99,99911.0%
12$100,000 to $124,9993.8%
13$125,000 to $149,9992.6%
14$150,000 to $199,9993.2%
15$200,000 or more2.7%

Neighborhoods in Florence

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Florence is $1,558.
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