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Florence, SD Home Values and Rents
The typical home value in Florence is $486,554. Median rent is $817 a month.
- Typical home value
- $486,554
- Zillow
- Median rent
- $817/mo
- ACS 2020-2024
- Price change, 1 year
- +4.1%
- Sep 2026
- Homeownership
- 85.5%
- SD: 68.6%
Typical home value in Florence
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Florence |
|---|---|
| Sep 2026 | $486,554 |
| Dec 2025 | $485,818 |
| Dec 2024 | $472,674 |
| Dec 2023 | $455,760 |
| Dec 2022 | $405,738 |
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Codington County, SD
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $871 | +16.6% |
| 1 bedroom | $943 | +14.3% |
| 2 bedrooms | $1,233 | +13.9% |
| 3 bedrooms | $1,504 | +14.0% |
| 4 bedrooms | $1,715 | +6.9% |
Frequently asked questions
- What is the typical home value in Florence, SD?
- The typical home value in Florence is $486,554 (Zillow Home Value Index, Sep 2026). The South Dakota median is $257,400.
- How much is rent in Florence?
- The median rent in Florence is $817 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,233.
- Are home prices going up in Florence?
- The typical home value in Florence changed +4.1% over one year and - over five years, as of Sep 2026.