Florence, Alabama is a city located in the northwest corner of the state near the Tennessee border. As of 2019, the population of Florence was 40,165, making it the largest city in Lauderdale County. It is known as the "Shoals Area" due to its proximity to the Tennessee River. The city has a rich history and is home to numerous universities and colleges, museums, and other attractions.
The Florence rental market is vibrant, offering a variety of housing options for all types of renters. The median rent in Florence is between $600 and $650, which is lower than the national average. The city is divided into several smaller neighborhoods, each with their own distinctive characteristics and amenities.
The most popular neighborhoods for rental properties in Florence are Downtown, Appleton, and Cloverdale. Downtown Florence is the city's oldest neighborhood and features a variety of shops, restaurants, and entertainment options. Appleton is a residential area with easy access to schools, parks, and recreation. Cloverdale is a newer neighborhood with upscale homes and a variety of amenities.
Florence is home to several excellent schools, including Florence High School, Florence Middle School, and Florence Elementary School. All of these schools offer a variety of educational opportunities
The average rental price for an apartment in Florence, AL is $725 per month. The average rental price for a townhouse in Florence, AL is $900 per month. The average rental price for a condo in Florence, AL is $800 per month. The average rental price for a loft in Florence, AL is $900 per month. The average rental price for a single family home in Florence, AL is $1,250 per month.
Rental prices in Florence, AL have increased over the last 5 years. According to Zillow, the median rent for a 1-bedroom apartment in Florence, AL in April 2021 was $610, compared to $550 in April 2016. This represents an increase of 10.9%. For a 2-bedroom apartment, the median rent in April 2021 was $720, compared to $650 in April 2016, an increase of 10.8%.
The median rental price for 1-bedroom apartments in Florence, AL is $650 per month. The median rental price for 2-bedroom apartments in Florence, AL is $750 per month. The median rental price for 3-bedroom apartments in Florence, AL is $850 per month.
Florence, AL school districts are comparable to the rest of the United States in terms of student performance. According to the 2017-18 National Center for Education Statistics, the average composite score for students in Florence City Schools was 18.9, which is slightly lower than the national average of 19.3. However, the graduation rate for Florence City Schools is slightly higher than the national average, with a rate of 91.7% compared to the national average of 84.6%. Florence City Schools also has a higher percentage of economically disadvantaged students than the national average (78.7% compared to 56.8%), meaning that schools in Florence are doing a good job of providing educational opportunities to all students, regardless of their socio-economic background.
1. Downtown Florence
2. Indian Hills
3. Woodmont
4. St. Florian
5. East Florence
1. McFarland Dairy
2. Country Club Estates
3. Old Town
4. Apple Tree Estates
5. Bobwhite Acres