Much like other places in this area, it is substantially less expensive compared to the US as a whole. Compared to the city of Aberdeen, it is significantly less expensive.
Home prices
The median home in Florence is valued at $95,600. It is about $3,040 (3%) higher in comparison to nearby areas.In comparison to the country as a whole it is approximately $121,900 (56%) lower, and in comparison to the city of Aberdeen is about $66,200 (40%) lower.
Rents
The median rent in Florence is $759 a month. Compared to nearby areas it is roughly $196 (34%) higher.In comparison to the US as a whole it is roughly $303 (28%) lower, and it is about $74 (10%) higher in comparison to the city of Aberdeen.
Nearby places
Watertown
Watertown is about 11 miles southeast of Florence. The housing prices there are significantly more expensive. The median home in Watertown is valued at $170,500, which is $74,900 (43%) higher than Florence. Rent there is fairly similar. Watertown's median rent is $760 a month, which is very similar to Florence.
Henry
Henry is roughly 12 miles southwest from Florence. Real estate prices there are a little less expensive. The value of the median home in Henry is $82,700, which works out to $12,900 (15%) lower than Florence. Its rents are somewhat less expensive. In Henry the median monthly rent is $683, which works out to $76 (11%) lower than Florence.
South Shore
South Shore is roughly 16 miles east of Florence. The housing prices there are a lot less expensive. The median home in South Shore is valued at $48,200, which is $47,400 (98%) lower than Florence. Rent there is substantially less expensive. The median rent in South Shore is $435 per month, which is $324 (74%) lower than Florence.
Waubay
Waubay is about 17 miles north from Florence. Real estate prices there are significantly less expensive. The median home in Waubay costs $71,800, which comes out to $23,800 (33%) lower than Florence. The rent there is substantially less expensive. Waubay's median monthly rent is $447, which comes out to $312 (69%) lower than Florence.
Webster
Webster is roughly 19 miles northwest of Florence. Real estate prices there are a bit less expensive. Webster's median home value is $89,600, which comes out to $6,000 (6%) lower than Florence. Rent there is substantially less expensive. Webster's median rent is $491 a month, which works out to $268 (54%) lower than Florence.
