
Cheap Apartments for Rent in Florence, AL from $300 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Florence.


Four Seasons Apartments

414 Hermitage Dr

1027 Bellemeade Ave

Quail Run

316 S Chestnut St

West Tennessee Street
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.

516 S Connor St

Alpine Village Apartments

Courtview Towers

North Florence

Sannoner Square

Hensley Square

Contemporary Village
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.

Cedar Arms

Mars Hill Manor

510 E High St

Cloverdale Apartments

Pinebrook Apartments

Hickory Trace Apartments

Oak Terrace Apartments
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.

Madison Square Townhomes

Hickory Hills

Cypress Gardens

Court St

900 N Montgomery Ave

4305 Old Memphis Pike

Platos Sheffield
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.

Autumn Pointe Townhomes
Florence, AL Local Guide

How much does it cost to rent an apartment in Florence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Florence Studio Apartments | $675 | $675 | $675 |
| Cheap Florence 1 Bedroom Apartments | $760 | $525 | $1,300 |
| Cheap Florence 2 Bedroom Apartments | $974 | $630 | $1,600 |
| Cheap Florence 3 Bedroom Apartments | $1,064 | $605 | $1,550 |
| Cheap Florence 4 Bedroom Apartments | $535 | $535 | $535 |
Browse Top Apartments in Florence
See all Apartments in FlorenceExplore Florence
Florence, AL Local Guide
- Florence Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Florence, AL
Pricing Updated: 01/24/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Florence | $922 | $485 | 24 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| West Tennessee Street | 0BR/1.0BA | Studio,1BA | $675 |
| Ivy Green at the Shoals | 1br 720sf | 1BR,1BA | $725 |
| Cypress Ridge | 2 Bedroom 2 Bathroom | 2BR,2BA | $795 |
| The Woodlands Apartments | 1x1 713 | 1BR,1BA | $825 |
| Creekside Apartments | 2 Bedroom 2 Bath - 34151 | 2BR,2BA | $875 |
| Brentwood | 2BR/2.0BA | 2BR,2BA | $895 |
| North Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $975 |
| Village Parc Apartments | Village Parc | 2BR,2BA | $1,025 |
| Seville Place Apartment Village | 2 BR/2 BA | 2BR,2BA | $1,100 |
| Villas at Riverside | 2 Bedroom 2 Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 435 N Cypress St, Unit A | 435 N Cypress St | 3BR,2BA | $0.66 |
| The Oakley at Deerfield | 2A | 2BR,2BA | $0.92 |
| Village Parc Apartments | Village Parc | 2BR,2.5BA | $0.85 |
| Seville Place Apartment Village | 2 BR/2 BA | 2BR,2BA | $0.96 |
| Creekside Apartments | 2 Bedroom 2 Bath - 34059 | 2BR,2BA | $0.86 |
| Bellamy Florence | 3x3 | 3BR,3BA | $0.53 |
| Cypress Ridge | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.72 |
| North Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.98 |
| Brentwood | 2BR/2.0BA | 2BR,2BA | $0.92 |
| Ivy Green at the Shoals | 1br 720sf | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Florence, AL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Florence, AL Rentals by Map
See the most popular apartments and homes in Florence, AL
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

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.

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.

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.

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.