How much does it cost to rent in Florence, AZ?

As of July 2026, the median monthly rent in Florence, AZ is $1,743. This figure is based on aggregated data from public sources and community-submitted rents.

Is Florence cheaper than other Arizona cities?

Florence falls in the middle range for Arizona, ranking #30 out of 51 cities at $1,743/mo.

When was Florence rent data last updated?

Florence rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

Is Florence a renter's market or a landlord's market?

Based on RentDataNow's Rent Market Meter, Florence is currently a renter's market. Rents are softening (down 1.7% YoY), so renters have negotiating leverage. The meter is derived from rent-price momentum (year-over-year and month-over-month change), not inventory levels.

City Report · AZ

Florence

Name: Average Rent Prices in Florence, AZ
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 25,570·30th most expensive in Arizona·Rental market data updated monthly for Florence, AZ

Median rent (all units)

$1,743/mo

Year-over-Year

-1.7%

Month-over-Month

-0.7%

vs US Median

-$222

Falling (Monthly)

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Most AffordableMost Expensive

Florence · $1,743

More affordable than 58% of US cities · National median $1,965/mo

Affordability

26% of income

AFFORDABLE

0%30% benchmark60%+

At $1,743/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$70,000/yr

Local median income

$79,644/yr

Based on the 30%-of-income rule using Florence's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$1,370

1 BR

$1,500

2 BR

$1,740

3 BR

$2,340

4 BR+

$2,620

Research median

$1,740/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$20,916/yr

At $1,743/mo median

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 1.7% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-1.7% YoY, -0.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

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.

Population

25,570

Median income

$79,644

Median age

43.1

Renters

13.2%

Age distribution

23.8%

29.3%

13.9%

21.8%

Under 1811.2%

18–3423.8%

35–5429.3%

55–6413.9%

65+21.8%

Gender

68.4%

31.6%

Male68.4%

Female31.6%

Race & ethnicity

64.1%

31.4%

White64.1%

Black8.9%

Hispanic31.4%

Asian0.7%

Education (25+)

15.7%

33%

34%

17.3%

No HS diploma15.7%

HS diploma33%

Some college34%

Bachelor's+17.3%

Housing tenure

86.8%

13.2%

Owner86.8%

Renter13.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Florence, AZ has changed in 5 years

Income

$63,072 → $79,644

up 26.3%

Population

25,356 → 25,570

up 0.8%

Renter share

17.9% → 13.2%

-4.7 pts

Bachelor's+

13% → 17.3%

+4.3 pts

Median age

41.5 → 43.1

+1.6 yrs

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.

Community

Discussions about Florence

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View Florence rent history (2015–2026) →

Salary vs rent

Can you afford rent in Florence on your salary?

At $1,743/mo, how Florence rent compares to typical pay (30% rule).

Registered Nurse

Avg $91,646/yr · Rent = 22.8% income

affordable

Elementary School Teacher

Avg $65,068/yr · Rent = 32.1% income

stretched

Police Officer

Avg $74,952/yr · Rent = 27.9% income

affordable

Software Developer

Avg $133,967/yr · Rent = 15.6% income

very comfortable

Lawyer

Avg $171,176/yr · Rent = 12.2% income

very comfortable

Firefighter

Avg $60,926/yr · Rent = 34.3% income

stretched

Truck Driver

Avg $55,009/yr · Rent = 38% income

stretched

Electrician

Avg $67,803/yr · Rent = 30.8% income

stretched

By apartment size

Florence rent by bedroom count

Median rent for each apartment size in Florence. Click any size for full breakdown.

Local insights

Tips for renters in Florence

About renting in Florence, AZ

Last updated: July 20, 2026

The median rent in Florence is $1,743/mo as of July 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 26% of local median household income ($79,644/yr), Florence ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.7% over the past year.

FAQ

Frequently asked questions

Is Florence an affordable city for renters?

Florence is considered affordable for renters. At $1,743/mo, rent takes approximately 26% of the local median household income ($79,644/yr). The standard benchmark is 30%. Florence falls comfortably within that range.

How much income do you need to rent in Florence?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,743/mo in Florence. The local median household income is $79,644/yr, meaning the typical Florence household meets that threshold.

Is rent going up or down in Florence?

Rent in Florence has decreased 1.7% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Florence rent compare to other cities in Arizona?

Florence is middle-of-the-pack for Arizona for rent, ranking #30 out of 51 tracked cities at $1,743/mo.

Which nearby cities are cheaper to rent in than Florence?

Several nearby cities have lower median rents than Florence ($1,743/mo): Coolidge ($1,635/mo), Casa Grande ($1,711/mo).

What percentage of Florence residents rent vs. own?

According to Census data, approximately 13.2% of Florence households are renters, while 86.8% are owner-occupied. Florence leans toward homeownership, which can mean a smaller rental inventory.

How does Florence rent compare to the national average?

Florence's median rent of $1,743/mo is $222 (11%) below the US national median of $1,965/mo. Within Arizona, it ranks #30 out of 51 tracked cities.

Income Affordability

26%

AFFORDABLE

At $1,743/mo, rent takes ~26% of Florence's median household income ($79,644/yr). The standard benchmark is 30%.

Florence 26%Benchmark 30%

State income tax2.5%

Run the Florence affordability calculator →

Nearby cities