States › Oregon › Florence

Is Florence, OR expensive to live in?

ExpensiveRent takes 38 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8314% higher than U.S. average
💵 Families earn per year (2026)$57,520about $4,793/month · 34% lower than U.S. average
🔑 House price$358,3008% higher than U.S. average

Rent is higher than in 59% of U.S. cities. A typical house costs about 6.2 years of household income, so buying is hard for most locals. Commutes are short, about 15 minutes.

How much money do I need?

To rent here comfortably, you should earn about $73,240 a year. That is $35 an hour at a full-time job.

Is rent cheaper than other Oregon cities?

No. Rent here is more expensive than in most of Oregon. It is number 55 of 105 cities from cheapest to most expensive.

Florence
$1,831
$2,062
$1,898

How much do households earn in Florence?

Under $25k
19.6%
$25k–50k
31.3%
$50k–100k
38.4%
$100k–150k
6.4%
$150k+
2.2%

Share of households by yearly income. 8.6% of households earn $100,000 or more.

Rent by apartment size in Florence

SizeFlorenceU.S. average
1 bedroom$925$1,324
2 bedrooms$1,273$1,509
3 bedrooms$1,729$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Florence overall?

Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
109
Goods (food, clothes…)
105
Utilities
107
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Florence, so the Oregon figure is shown.

Taxes and bills in Florence

🏛️ Property tax$2,496a year · 0.70% of home value · U.S. $3,119
⚡ Electric bill$119a month (typical) · U.S. $156

Life in Florence

Commute to work15 minU.S.: 26.4 min
College degree25%U.S.: 35.7%
Own their home64%U.S.: 65.2%
Below poverty line10.3%U.S.: 12.5%
Unemployment6.6%U.S.: 5.2%

Is it cheaper to rent or buy in Florence?

Renting is cheaper right now: about $655 a month less.

Renting
$1,831
Owning
$2,486

Owning assumes a typical $358,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,830 for the down payment.

Frequently asked questions

What is the average rent in Florence, OR?

Renting in Florence costs a median of about $1,831 a month in 2026, including utilities. The Oregon median is $1,811.

How much do I need to make to live in Florence?

To keep rent under 30% of income, you need about $73,240 a year, or $35 an hour at a full-time job.

Is Florence cheap or expensive?

Florence is rated Expensive: rent takes 38.2% of the typical household income of $57,520. It ranks 55th cheapest of 105 Oregon cities we track.

How much are property taxes in Florence?

The median homeowner in Florence pays $2,496 a year in property taxes, about 0.70% of the median home value.

Is Florence more expensive than the national average?

Overall prices in Oregon are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Florence?

The median home value in Florence is $358,300, about 6.2 times the typical yearly household income.

9,482 people live in Florence. Numbers are typical (middle) values.