Rental numbers for the Florence, AL metro
The typical home here runs -$631 a month at 7.78% with 25% down, breaking even at about 1.2%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.9%.
- Gross yield
- 6.2%
- typical home, Zillow
- Median ZIP yield
- 7.9%
- 3 ZIPs with full data
- Cash flow
- -$631/mo
- at 7.78%, 25% down
- Typical price
- $218,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,123/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
14 with published figures
| 35616Cherokee | $143,000 | $980* | 8.3% | 4.2% | -$274 | n/a |
| 35660Sheffield | $133,000 | $908 | 8.2% | 4.0% | -$271 | n/a |
| 35630Florence | $177,000 | $1,161 | 7.9% | 4.2% | -$339 | +3.5% |
| 35646Leighton | $161,000 | $880* | 6.6% | 3.0% | -$468 | n/a |
| 35677Waterloo | $194,000 | $1,020* | 6.3% | 3.1% | -$550 | n/a |
| 35674Tuscumbia | $200,000 | $1,032 | 6.2% | 2.9% | -$597 | n/a |
| 35610Anderson | $227,000 | $1,130* | 6.0% | 2.8% | -$695 | n/a |
| 35654Russellville | $190,000 | $880* | 5.6% | 2.4% | -$643 | n/a |
| 35661Muscle Shoals | $258,000 | $1,170* | 5.4% | 2.4% | -$869 | n/a |
| 35652Rogersville | $265,000 | $1,130* | 5.1% | 2.3% | -$926 | n/a |
| 35633Florence | $242,000 | $990* | 4.9% | 1.9% | -$909 | n/a |
| 35648Lexington | $223,000 | $880* | 4.7% | 1.8% | -$872 | n/a |
| 35645Killen | $274,000 | $1,080* | 4.7% | 1.9% | -$1,034 | n/a |
| 35634Saint Florian | $290,000 | $1,090* | 4.5% | 1.8% | -$1,126 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.8%
- Rent, 12 months
- +2.0%
- Rent minus price growth
- -0.8 pts
- Property tax
- 0.37%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $173,720 | $829 |
| Aug 2022 | $196,575 | $921 |
| Aug 2023 | $202,464 | $1,008 |
| Aug 2024 | $212,374 | $1,064 |
| Aug 2025 | $211,960 | $1,101 |
| Aug 2026 | $217,782 | $1,123 |
Counties
- Lauderdale County, AL7.9% median yield
- Colbert County, AL7.2% median yield
- Franklin County, ALn/a median yield
Tools
Questions
- Is the Florence, AL metro good for rental property?
- The typical home here runs -$631 a month at 7.78% with 25% down, breaking even at about 1.2%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Florence, AL metro have the highest rental yield?
- 35660 (Sheffield) at 8.2%, 35630 (Florence) at 7.9%, 35674 (Tuscumbia) at 6.2%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.