Cheap Apartments for Rent in Florence, AL from $300 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Florence.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Courtview Towers
Studio to 2 Bedroom Apartments

Courtview Towers

17 Courtview TowersFlorence, AL 35630
  • Utilities Included
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North Florence
2 Bedroom Apartments

North Florence

1414 Chisholm RdFlorence, AL 35630
  • Utilities Included
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Sannoner Square
1 to 2 Bedroom Apartments

Sannoner Square

800 Sannoner AveFlorence, AL 35630
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Hensley Square
1 Bedroom Apartments

Hensley Square

2201 Chisholm RdFlorence, AL 35630
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cedar Arms
1 Bedroom Apartments

Cedar Arms

430 N Cedar StFlorence, AL 35630
  • Utilities Included
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Mars Hill Manor
2 to 4 Bedroom Apartments

Mars Hill Manor

502 Mars Hill RdFlorence, AL 35630
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Cloverdale Apartments
2 Bedroom Apartments

Cloverdale Apartments

7033 Highway 157Florence, AL 35633
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hickory Hills
Studio to 3 Bedroom Apartments

Hickory Hills

100 Arlington BlvdFlorence, AL 35630
  • Utilities Included
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Cypress Gardens
1 to 3 Bedroom Apartments

Cypress Gardens

580 Cypress Mill RdFlorence, AL 35630
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Court St
2 Bedroom Apartments

Court St

301 N Court StFlorence, AL 35630
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Platos Sheffield
Studio to 2 Bedroom Apartments

Platos Sheffield

4205 Hatch BlvdSheffield, AL 35660
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Florence, AL Local Guide

Cheapest Neighborhoods for Apartments in Florence, AL

Pricing Updated: 01/24/2026

Current apartment rentals in the Florence, AL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Florence Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Florence$922$48524

Cheapest Available Florence Apartments for Rent

 

The cheapest available apartment rental in Florence, AL is a Studio unit found at West Tennessee Street in the Downtown Florence neighborhood priced from $675. Ivy Green at the Shoals in the Downtown Florence neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Florence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Tennessee Street0BR/1.0BAStudio,1BA$675
Ivy Green at the Shoals1br 720sf1BR,1BA$725
Cypress Ridge2 Bedroom 2 Bathroom2BR,2BA$795
The Woodlands Apartments1x1 7131BR,1BA$825
Creekside Apartments2 Bedroom 2 Bath - 341512BR,2BA$875
Brentwood2BR/2.0BA2BR,2BA$895
North Village2 Bedroom 2 Bathroom2BR,2BA$975
Village Parc ApartmentsVillage Parc2BR,2BA$1,025
Seville Place Apartment Village2 BR/2 BA2BR,2BA$1,100
Villas at Riverside2 Bedroom 2 Bath2BR,2BA$1,115

Best Value Apartments for Rent in Florence, AL

As of January 24, 2026 the best value apartment in the Florence area is the $0.66 price per square foot 435 N Cypress St Model at 435 N Cypress St, Unit A in the in the Downtown Florence neighborhood starting from $1,250. The second greatest value Florence apartment is the 2A Model at The Oakley at Deerfield starting at $1,150 with a $0.92 price per square foot . Here is today’s list of the best values for Florence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
435 N Cypress St, Unit A435 N Cypress St3BR,2BA$0.66
The Oakley at Deerfield2A2BR,2BA$0.92
Village Parc ApartmentsVillage Parc2BR,2.5BA$0.85
Seville Place Apartment Village2 BR/2 BA2BR,2BA$0.96
Creekside Apartments2 Bedroom 2 Bath - 340592BR,2BA$0.86
Bellamy Florence3x33BR,3BA$0.53
Cypress Ridge2 Bedroom 2 Bathroom2BR,2BA$0.72
North Village2 Bedroom 2 Bathroom2BR,2BA$0.98
Brentwood2BR/2.0BA2BR,2BA$0.92
Ivy Green at the Shoals1br 720sf1BR,1BA$1.01

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Florence Apartments

What is the price of a cheap apartment in Florence?

The cheapest apartment in Florence is Ivy Green at the Shoals which is listed at $725, while the average apartment in Florence costs $922.

What types of apartments are the cheapest in Florence?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Florence that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Florence?

Cheap apartments in Florence have an average cost of $407 which is $515 cheaper than the average rent for all rentals in Florence.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.