At $1,796/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,796 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Florence changed +1.9% over the year to September 2026. Across the 45 Arizona cities Zillow tracks, the typical change was +1.6%.
Rent has risen 2 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($79,644) is $1,991 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,740); a 3-bedroom is $2,340.
Coolidge, 19 miles away, rents for 12% less ($1,575/mo), about $2,700 a year in savings.
From Zillow's monthly rent index (ZORI) for Florence. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Florence, AZ is majority owner-occupied, has a large retiree population, 17.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Florence, AZ has changed in 5 years
Household income in the area moved from $63,072 to $79,644 across the same window, up 26.3% versus 2021. The renter share has eased from 17.9% to 13.2%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 13% to 17.3% across the same window.
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Can you afford rent in Florence on your salary?
At $1,796/mo, how Florence rent compares to typical pay (30% rule).
Florence rent by bedroom count
Median rent for each apartment size in Florence. Click any size for full breakdown.
Tips for renters in Florence
Last updated: October 17, 2026
The median rent in Florence is $1,796/mo as of October 2026. A studio apartment averages $1,370/mo while a 2-bedroom runs $1,740/mo. One-bedroom apartments average $1,500/mo and 3-bedroom units go for $2,340/mo.
At 27% of local median household income ($79,644/yr), Florence ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.
Frequently asked questions
How much income do you need to rent in Florence?
Is rent going up or down in Florence?
How does Florence rent compare to other cities in Arizona?
Which nearby cities are cheaper to rent in than Florence?
At $1,796/mo, rent takes ~27% of Florence's median household income ($79,644/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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