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Example household · $83,730 · same pay · 1 adult

Florence

Housing in Florence, AL: Rent, Home Prices & Property Tax

$2,547 left/mo

$741/mo (1 bd) in Florence. Median home $175,800. Property tax 0.38%.

Pick a home cityHow we figure this
Rent (1-bedroom)
$741
/mo
Buy
$1,175
Mortgage, tax, insurance
Buying costs more
$434
/mo

To buy

  • 20% down payment$35,160
  • Mortgage at 7.24%$958
  • Property tax (0.38% of value)$56/mo · $668/yr
  • Insurance and upkeep$161
  • Monthly total$1,175

Months to 20% down

$2,547 left each month. About 14 months (1.2 years) to save $35,160.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

Moving from Florence

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Pay and leftover for every job in Florence

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