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Florence, MS Home Values and Rents
The typical home value in Florence is $253,211, 20th highest of 189 cities and towns in Mississippi. Median rent is $923 a month.
- Typical home value
- $253,211
- 20th of 189 in MS
- Median rent
- $923/mo
- ACS 2020-2024
- Price change, 1 year
- +4.4%
- Sep 2026
- Homeownership
- 69.7%
- MS: 70.0%
Home sale prices in the Jackson, MS area
Zillow median sale price, Sep 2026
$251,254-2.6% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Typical home value in Florence
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Florence |
|---|---|
| Sep 2026 | $253,211 |
| Dec 2025 | $246,200 |
| Dec 2024 | $238,257 |
| Dec 2023 | $230,922 |
| Dec 2022 | $217,744 |
| Dec 2021 | $199,965 |
| Dec 2020 | $182,135 |
| Dec 2019 | $169,307 |
| Dec 2018 | $164,336 |
| Dec 2017 | $161,479 |
| Dec 2016 | $158,999 |
| Dec 2015 | $154,034 |
| Dec 2014 | $144,254 |
| Dec 2013 | $135,471 |
| Dec 2012 | $133,146 |
Over five years, Florence prices changed +29.5%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Jackson, MS HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,099 | +0.7% |
| 1 bedroom | $1,105 | +0.7% |
| 2 bedrooms | $1,289 | +0.1% |
| 3 bedrooms | $1,536 | -0.5% |
| 4 bedrooms | $1,694 | -0.6% |
Frequently asked questions
- What is the typical home value in Florence, MS?
- The typical home value in Florence is $253,211 (Zillow Home Value Index, Sep 2026). The Mississippi median is $169,800.
- How much is rent in Florence?
- The median rent in Florence is $923 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,289.
- Are home prices going up in Florence?
- The typical home value in Florence changed +4.4% over one year and +29.5% over five years, as of Sep 2026.
- How does Florence compare with the rest of Mississippi?
- Florence has the 20th highest median home value of 189 cities and towns with 1,000+ residents in Mississippi.