Most Affordable Neighborhoods in Florence - 2026 Data
The median home value in Florence is $298,900, 6% above nat'l avg. Median rent is $1,069/month. With an affordability index of 50, Florence is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Florence, AZ area.
Key Takeaways: Affordability in Florence
- 1The most affordable neighborhood in Florence is Peoria, with a median home value of $380,000.
- 2Florence's median home value is $298,900, 6% above nat'l avg (national: $281,900).
- 3Florence's affordability index is 50 (baseline 100), making it less affordable than the national average.
- 4Median rent in Florence is $1,069/month, 8% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Florence to find the most affordable areas based on home values, rent, and affordability index.
Florence Affordability Overview
Median Home Value
$298,900
6% above nat'l avg
Median Rent
$1,069/mo
8% below nat'l avg
Median Income
$74,025
Near nat'l avg
Affordability Index
50
50% below nat'l avg
Most Affordable Neighborhoods in Florence (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | PeoriaAZ | $380,000 |
| 2 | GlendaleAZ | $310,000 |
| 3 | SurpriseAZ | $360,000 |
| 4 | PhoenixAZ | $330,000 |
| 5 | GilbertAZ | $450,000 |
| 6 | ScottsdaleAZ | $560,000 |
| 7 | MesaAZ | $340,000 |
| 8 | BuckeyeAZ | $341,700 |
| 9 | Sierra VistaAZ | $215,900 |
| 10 | Oro ValleyAZ | $404,500 |
| 11 | MaranaAZ | $347,700 |
| 12 | Lake Havasu CityAZ | $363,300 |
| 13 | GoodyearAZ | $396,100 |
| 14 | Queen CreekAZ | $493,700 |
| 15 | Paradise ValleyAZ | $2,000,001 |