2025 Compare Cities Housing:
Florence, AL vs Palm Bay, FL

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Highlights
- The median age of a home in Florence is 36.7% older than the median age of a home in Palm Bay.
 Florence, ALPalm Bay, FLUnited States
 Median Home Age49  Unlock42
 Median Home Cost  Unlock$301,500$338,100
 Home Appr. Last 12 months19.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock85.7%57.0%
 Home Appr. Last 10 yrs.74.6%  Unlock101.1%
 Property Tax Rate  Unlock$6.8$11.0
 Homes Owned41.7%  Unlock57.4%
 Housing Vacant  Unlock9.3%11.2%
 Homes Rented44.6%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Florence, ALPalm Bay, FLUnited States
 Average Rent  Unlock$1,860$1,840
 Studio Apartment$590  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$830  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,890$1,860
 4 Bedroom Home or Apartment$1,280  Unlock$2,160
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 Vacant Housing
 Florence, ALPalm Bay, FLUnited States
 Vacant For Rent  Unlock1.1%1.9%
 Vacant Rented1.1%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock4.5%3.6%
 Vacant Other8.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Florence, ALPalm Bay, FLUnited States
 Less Than $20,000  Unlock2.5%2.6%
 $20,000 to $39,9993.9%  Unlock2.4%
 $40,000 to $59,999  Unlock1.7%2.8%
 $60,000 to $79,9997.0%  Unlock3.9%
 $80,000 to $99,999  Unlock5.2%4.5%
 $100,000 to $149,99921.3%  Unlock11.3%
 $150,000 to $199,999  Unlock30.0%13.0%
 $200,000 to $299,99915.8%  Unlock20.1%
 $300,000 to $399,999  Unlock7.6%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock0.4%9.7%
 $750,000 to $999,9990.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Florence, ALPalm Bay, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock26.6%13.6%
 2000 to 20095.9%  Unlock13.6%
 1990 to 1999  Unlock17.9%13.6%
 1980 to 198910.4%  Unlock13.2%
 1970 to 1979  Unlock11.4%14.8%
 1960 to 196912.9%  Unlock13.6%
 1950 to 1959  Unlock1.0%10.0%
 1940 to 19496.5%  Unlock4.7%
 1939 or Earlier  Unlock0.2%12.2%
Reviews for Florence    8 Reviews

Over 15 years ago

I am a 41 yr old female in search of a new life. I am not running I amj ust trying to find myself some happiness and I would like to know what I can rent there to make  More

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Over 15 years ago

A few years ago, while i was still living in Florence, the local newspaper did an article abt why the young educated people were leaving Florence. In my early 20's as i  More

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Over 16 years ago

we will relocate to Alabama, Muscle Shoals, Florence, Sheffield area.We would like a nice town to live in, where our two kids can grow up and would not cost us a  More

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Reviews for Palm Bay    27 Reviews

I moved to Palm Bay in 2020 and the cost of living has skyrocketed! A two bedroom apartment was around $900/month in 2020. Now it's $1600 and up. Mostly up. A three  More

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My family of 4 have lived here in NW Palm Bay for over 10 years. My wife and my son from another marriage lived here for over 7 before that. I myself have lived here for  More

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I lived in Palm Bay for 12 years. It's a very unfriendly and crowded place to live. It's well into the 90's from late April till right around the 10th of November. The  More

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