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Florence, MT
Full City Profile · Montana · Ravalli County County
3.3
/5.0
B
Good
993
Population
1,290/sq mi density
$97,850
Median Income
$41,036 per capita
$460,000
Home Value
$635,595 Zillow
$694
Median Rent
33.1% income on rent
46°F
Avg Temperature
273 sunny days/yr
106
Violent Crime/100K
1,953 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$97,850 median income, 6.2% unemployment
A
Affordability
4.0 / 5.0
$460,000 home value, $694/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
B+
Education
3.8 / 5.0
35.0% bachelor's degree or higher
Housing Overview
Median Home Value
$460,000
63% above
US avg: $281,900
Median Rent
$694/mo
40% below
US avg: $1,163/mo
Homeownership Rate
82.6%
26% above US avg (65.4%)
Total Housing Units
508
Median year built: 1987
Home Value by Source
Census Median
$460,000
Zillow (ZHVI)
$635,595
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.6%
Owner-Occupied
17.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$988/mo
1 Bedroom
$1,076/mo
2 Bedroom
$1,336/mo
3 Bedroom
$1,789/mo
4 Bedroom
$2,113/mo
Census median rent:
$694/mo
Affordability & Housing Stock
Rent Burden
33.1%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
82.6%
Complete Housing Data
Home Values
| Census Median Value | $460,000 |
| Zillow Home Value (ZHVI) | $635,595 |
Rent
| Census Median Rent | $694 |
| FMR Studio | $988 |
| FMR 1-Bedroom | $1,076 |
| FMR 2-Bedroom | $1,336 |
| FMR 3-Bedroom | $1,789 |
| FMR 4-Bedroom | $2,113 |
Market
Ownership & Stock
| Owner-Occupied | 82.6% |
| Renter-Occupied | 17.4% |
| Homeownership Rate | 82.6% |
| Total Housing Units | 508 |
| Median Year Built | 1987 |
| Rent Burden | 33.1% |