In Florence, a typical home is worth $358,300 and typical rent is $1,259 a month. Compared with all of Lane County, typical household income is 25% lower and the typical home value is 17% lower.
Typical home value from Zillow, September 2021 to September 2026: from $388,248 to $445,173.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Florence is in Lane County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lane County. See the county
What this place has that others do not, from public data, most unusual first.
1
Florence has the 6th lowest typical household income of the 105 cities in Oregon with more than 5,000 people ($53,333).
2
Nearby, in Coos Bay, the typical rent is $1,034: 18% less than in Florence ($1,259).
3
The typical home in Florence is worth $358,300,17% less than in Lane County as a whole ($430,600).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Florence
What homes there are in Florence, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Florence
Lane County
Oregon
United States
Kind of home: Florence and its comparisons
Measure
Florence
Lane County
Oregon
United States
Detached house
61%
61%
63%
61%
Attached house
Unreliable estimate
6%
5%
6%
Building of 2 to 4
7%
8%
7%
8%
Apartments (5 or more)
Unreliable estimate
17%
18%
19%
Mobile home
20%
8%
7%
6%
Boat, RV and other
Unreliable estimate
1%
0%
0%
In Florence, 6 in 10 homes are single-family detached houses, about the same as in Lane County.
Mobile homes are 20% of homes in Florence, more than in Lane County (8%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Florence
Lane County
Oregon
United States
Year built: Florence and its comparisons
Measure
Florence
Lane County
Oregon
United States
Before 1960
Unreliable estimate
21%
23%
26%
1960–1979
35%
34%
26%
24%
1980–1999
34%
23%
25%
25%
2000–2009
15%
12%
14%
14%
2010 or later
11%
10%
12%
11%
Homes in Florence are newer: the typical year built is 1989; in Lane County, 1977.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K11%
$200K–$300K17%
$300K–$500K49%
$500K–$750K14%
$750K–$1M4%
$1M or moreUnreliable
Value of owner-occupied homes: Florence and its comparisons
Measure
Florence
Under $100K
Unreliable estimate
$100K–$200K
11%
$200K–$300K
17%
$300K–$500K
49%
$500K–$750K
14%
$750K–$1M
4%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99922%
$1,000–$1,49942%
$1,500–$1,99926%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Florence and its comparisons
Measure
Florence
Under $500
Unreliable estimate
$500–$999
22%
$1,000–$1,499
42%
$1,500–$1,999
26%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,501 a month
Lane County: $1,949 a month
Without a mortgage
$574 a month
Lane County: $642 a month
Owners with a mortgage
49%
Lane County: 62%
The typical cost for an owner with a mortgage in Florence is $1,501 a month, less than in Lane County ($1,949); without one, $574.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Florence+60%
Lane County+64%
Oregon+53%
United States+53%
Typical rent
Florence+42%
Lane County+37%
Oregon+37%
United States+33%
Typical household income
Florence+26%
Lane County+37%
Oregon+32%
United States+29%
Change since 2015–2019: Florence and its comparisons
Measure
Florence
Lane County
Oregon
United States
Typical home value
+60%
+64%
+53%
+53%
Typical rent
+42%
+37%
+37%
+33%
Typical household income
+26%
+37%
+32%
+29%
Homes in Florence gained value more slowly than in Lane County: 60% since 2015–2019, against 64%.
Since 2015–2019, the typical rent in Florence rose 42%, more than in Lane County (37%).
The typical household income in Florence rose 26%: less than home values (+60%) and rent (+42%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Florence and its comparisons
Measure
Florence
Lane County
Oregon
United States
Rental vacancy
Unreliable estimate
3.2%
4.2%
5.5%
Homeowner vacancy
Unreliable estimate
0.8%
0.7%
0.9%
More than one person per room
Unreliable estimate
2.6%
3.2%
3.4%
People per household
2.02
2.33
2.42
2.53
Drive alone
76%
66%
65%
69%
Carpool
Unreliable estimate
9%
9%
9%
Public transit
Unreliable estimate
2%
2%
3%
Walk or bike
Unreliable estimate
7%
5%
3%
Work from home
9%
16%
19%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Fewer people live in each home here: 2.02 on average, against 2.33 in Lane County.
To get to work, 76% of workers in Florence drive alone; in Lane County, 66%.
Do the math
What would you pay each month for a home in Florence?
A typical home costs more than the typical income allows
We start with a typical home in Florence, worth $358,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 65% of the typical household income in Florence, which is $53,333 a year. For that payment to be 28% of income, a household would need to earn about $124,288 a year.
The calculator's FHA and conventional loan limits are those of all of Lane County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Florence. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $12,541 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,900
at 7.18% · 30 years
Loan amount
$351,810
Total interest
$506,172
Paid off in
November 2056
Includes $6,051 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,244 a month
Tight
$1,244 to $1,600 a month
Hard
more than $1,600 a month
Your payment · 65%
Compared with the typical household income in Florence ($53,333 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,383
Property tax
$209
Home insurance
$149
FHA mortgage insurance (MIP)
$158
You need at least $12,541 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,900; principal and interest $2,383.
The city and its county
Florence and Lane County
Florence is in Lane County, Oregon. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Florence
Map of Lane County, Oregon, with Florence marked. Around it, the neighboring counties.
Florence
Lane County
Other cities with a page
Florence's own numbers
Typical home value
$358,300
Typical monthly rent
$1,259
Typical yearly household income
$53,333
Households that own their home
64%
Effective property tax rate
0.7%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lane County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,546
Price change over 5 years (FHFA)
+41%
Homes in a high flood-risk zone
6.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lane County.
A typical home in Florence is worth $358,300: 17% below the county and 25% below Oregon. With the typical household income in Florence ($53,333 a year), a typical home costs 6.7 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Florence6.7 years
Lane6.0 years
Oregon5.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lane County
According to FHFA’s house price index, home prices in Lane County rose 101% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lane County.
Yearly change in FHFA’s price index in Lane County, 2016 to 2025
2016: +7.6% +7.6% 2016
2017: +8.8% +8.8% 2017
2018: +8.2% +8.2% 2018
2019: +6.4% +6.4% 2019
2020: +5.5% +5.5% 2020
2021: +15.7% +15.7% 2021
2022: +15.0% +15.0% 2022
2023: +2.4% +2.4% 2023
2024: +2.4% +2.4% 2024
2025: +1.2% +1.2% 2025
Change in FHFA’s price index in Lane County, Oregon and the United States
Period
County
Oregon
U.S.
Last year (2025)
+1.2%
+0.9%
+2.9%
5 years (2020–2025)
+41%
+35%
+47%
10 years (2015–2025)
+101%
+86%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Florence next to Lane County, Oregon and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Florence$358,300
Lane$430,600
Oregon$477,600
United States$332,700
Typical monthly rent
Florence$1,259
Lane$1,355
Oregon$1,525
United States$1,413
Typical yearly household income
Florence$53,333
Lane$71,544
Oregon$83,011
United States$80,734
See the full table
Florence next to Lane County and Oregon
Measure
Florence
Lane County
Oregon
U.S.
Typical home value
$358,300 ▼17% below the county
$430,600
$477,600
$332,700
Typical monthly rent
$1,259 ▼7% below the county
$1,355
$1,525
$1,413
Typical yearly household income
$53,333 ▼25% below the county
$71,544
$83,011
$80,734
Households that own their home
64% ▲4 points above the county
60%
63%
65%
Typical yearly property tax
$2,496 ▼29% below the county
$3,536
$3,876
$3,119
Effective property tax rate
0.7% ▼0.12 points below the county
0.82%
0.81%
0.94%
Renters with high rent for their income
53% ▼2 points below the county
55%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lane County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Florence
For a typical $358,300 home in Florence, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Florence's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,900a month
Least cash to close
Down payment
$12,541
Cash to close
$23,290
Rate
7.18%
Mortgage insurance
FHA MIP · $158
Conventional, 5% down$2,834a month
Down payment
$17,915
Cash to close
$28,664
Rate
7.18%
Mortgage insurance
PMI · $170
Conventional, 20% down, no PMI$2,300a month
Down payment
$71,660
Cash to close
$82,409
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,631a month
Down payment
$53,745
Cash to close
$64,494
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Florence
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,900
$12,541
$351,810
7.18%
FHA MIP · $158
$23,290
580
Conventional, 5% down
$2,834
$17,915
$340,385
7.18%
PMI · $170
$28,664
620*
Conventional, 20% down, no PMI
$2,300
$71,660
$286,640
7.18%
None
$82,409
620*
ITIN, 15% down (example)
$2,631
$53,745
$304,555
8.18%
None
$64,494
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Florence is $1,259 a month: 7% below the county. In Florence, 53% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lane County, by unit size. To pay the 2-bedroom one ($1,546 a month) without spending more than 30% of your income, you would need to earn $29.73 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Lane County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,157
$22.25
$46,280
1 bedroom
$1,182
$22.73
$47,280
2 bedrooms
$1,546
$29.73
$61,840
3 bedrooms
$2,141
$41.17
$85,640
4 bedrooms
$2,584
$49.69
$103,360
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Florence
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Florence is in ZIP code 97439.
For 2 bedrooms it is $1,520: $26 less than the fair market rent for Lane County ($1,546).
Fair market rent by ZIP code and size in Florence, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
97439
$1,110
$1,160
$1,520
$2,120
$2,550
ZIP code2 bd3 bd
97439 $1,520$2,120
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Florence when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 10 buildings with rents for lower incomes in Florence. These are the largest.
Oak Terrace Apts2350 Oak St, Florence 9743948 low-income homes · 2 bd: 24 · 3 bd: 24 · In service since 1999 · For families
Siuslaw Dunes1750 43rd St, Florence 9743945 low-income homes · 2 bd: 6 · 3 bd: 31 · 4 bd: 8 · In service since 2014 · For families(541) 997-6036
Munsel Park Apts2021 12th St, Florence 9743944 homes, 43 low-income · 1 bd: 36 · 2 bd: 8 · In service since 2004 · For older adults, people with disabilities
Tanglewood1919 15th St, Florence 9743940 low-income homes · 1 bd: 36 · 2 bd: 4 · In service since 2005 · For older adults
Windsong Senior Apts1365 Spruce St, Florence 9743932 low-income homes · In service since 1995 · For older adults
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Lane County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Florence or Lane County. The ones below are statewide in Oregon: they work in Florence the same as in the rest of the state.
Oregon state funds for the down payment and closing costs, delivered by local organizations: up to $60,000 or 20% of the price, sometimes as a grant or as a forgivable second mortgage, for first-time or first-generation buyers with income up to 100% of the area median.Offered by Oregon Housing and Community Services (OHCS).
Oregon Housing and Community Services mortgage for low- and moderate-income first-time buyers, with down payment assistance of 4% or 5% of the loan as a second mortgage.Offered by Oregon Housing and Community Services (OHCS).
Oregon Housing and Community Services mortgage for any buyer, including people who have owned a home before, with down payment assistance of 4% or 5% of the loan as a second mortgage that can be forgivable or repayable.Offered by Oregon Housing and Community Services (OHCS).
No legal help resource on our list is for Florence or Lane County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Florence and all of Lane County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Florence?
The typical home value in Florence is $358,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lane County it is $430,600.
How much does it cost to rent in Florence?
Typical rent in Florence is $1,259 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lane County is $1,546.
What is the FHA loan limit in Florence?
Florence uses the FHA limit for all of Lane County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Florence?
The typical homeowner in Florence pays $2,496 a year, according to the U.S. Census Bureau. That is 0.7% of the home’s value; in Lane County, the rate is 0.82%.
Where can I find free help to buy or rent in Florence?
There is 1 HUD-approved counseling agency with an office in Lane County. They can help you get ready to buy, with your credit, or with rent.
