Is Florence expensive?

Florence, TX

State	Texas
Population	850
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Florence, TX

State

Population

850

In comparison to its surrounding areas, Florence is substantially less expensive, and it is substantially less expensive compared to the rest of the nation. It's substantially less expensive compared to the city of Austin.

Home prices

The median home in Florence costs $115,500. Compared to its nearby areas it is roughly $104,540 (47%) lower.Compared to the United States as a whole it is approximately $102,000 (46%) lower, and compared to the city of Austin it is about $221,900 (65%) lower.

Austin

Salado

Georgetown

United States

Jarrell

Liberty Hill

Sonterra

Florence

Comparison of median Florence home price to nearby areas

Distribution of home prices for Florence and nearby areas

Rents

Florence's median monthly rent is $747. This is about $451 (37%) lower compared to its nearby areas.Compared to the US as a whole it is about $315 (29%) lower, and in comparison to the city of Austin is roughly $533 (41%) lower.

Jarrell

Sonterra

Austin

Georgetown

United States

Salado

Liberty Hill

Florence

Comparison of median Florence rent to nearby areas

Distribution of rents for Florence and nearby areas

Nearby places

Jarrell

Jarrell is roughly 9 miles east of Florence. Its housing prices are substantially more expensive. The median home value in Jarrell is $203,900, which comes out to $88,400 (43%) higher than Florence. Rents there are significantly more expensive. In Jarrell the median monthly rent is $1,537, which is $790 (51%) higher than Florence.

Sonterra

Sonterra is roughly 10 miles east from Florence. Real estate prices there are substantially more expensive. Sonterra's median home price is $171,300, which is $55,800 (32%) higher than Florence. Rents there are substantially more expensive. The median monthly rent in Sonterra is $1,298, which comes out to $551 (42%) higher than Florence.

Georgetown

Georgetown is approximately 14 miles south of Florence. Its real estate prices are significantly more expensive. The cost of the median home in Georgetown is $266,900, which comes out to $151,400 (56%) higher than Florence. The rent there is a lot more expensive. The median rent in Georgetown is $1,231 a month, which is $484 (39%) higher than Florence.

Liberty Hill

Liberty Hill is approximately 14 miles southwest of Florence. Its real estate prices are significantly more expensive. The median home in Liberty Hill costs $179,400, which is $63,900 (35%) higher than Florence. Rents there are a little more expensive. Liberty Hill's median monthly rent is $876, which works out to $129 (14%) higher than Florence.

Salado

Salado is approximately 16 miles northeast of Florence. Real estate prices there are substantially more expensive. The median home cost in Salado is $278,700, which is $163,200 (58%) higher than Florence. The rent there is a little more expensive. In Salado the median rent is $1,048 per month, which is $301 (28%) higher than Florence.