Florence, AL

Metro area in Alabama · Updated Jan 2026

12-Month Forecast ↑ +1.9%

Median Home Value

$204,986

↑ +0.1%

Year-over-year

Median Rent

$1,101/mo

↑ +1.7%

Year-over-year

Rental Yield

6.4%

Excellent for investors

5-Year Appreciation

+33.8%

Income Needed to Buy

$52,902

20% down, 30% DTI max

Active Listings

735

For-sale inventory

Price-to-Rent Ratio

15.5

Neutral market

Price Forecast

1 Month

↑ +0.6%

3 Months

↑ +1.3%

12 Months

↑ +1.9%

5-Year Price Trend

Calculate your mortgage for Florence, AL

See monthly payments for a $204,986 home →

Should you rent or buy in Florence, AL?

Price-to-rent ratio: 15.5x — It depends on your timeline. Run a full breakeven analysis with Florence, AL numbers pre-filled →

Frequently Asked Questions