
Cheap Apartments for Rent in the Downtown Florence Neighborhood of Florence, AL from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Florence area of Florence.


West Tennessee Street

Courtview Towers

North Florence

Sannoner Square
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Cedar Arms

510 E High St

Hickory Hills

Cypress Gardens

Court St
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Platos Sheffield
Downtown Florence, Florence, AL Local Guide

How much does it cost to rent an apartment in Downtown Florence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Florence Studio Apartments | $675 | $675 | $675 |
| Downtown Florence 1 Bedroom Apartments | $818 | $595 | $1,250 |
| Downtown Florence 2 Bedroom Apartments | $947 | $795 | $1,395 |
| Downtown Florence 3 Bedroom Apartments | $928 | $605 | $1,550 |
| Downtown Florence 4 Bedroom Apartments | $535 | $535 | $535 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Florence Neighborhood of Florence, AL.
See all Apartments in FlorenceExplore Florence
Downtown Florence, Florence, AL Local Guide
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Cheapest Available Downtown Florence Apartments for Rent
 The cheapest available apartment rental in the Downtown Florence area of Florence, AL is a Studio unit found at West Tennessee Street priced from $675. Ivy Green at the Shoals has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Downtown Florence apartments for rent in Florence, AL:
| 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 |
| Village Parc Apartments | Village Parc | 2BR,2BA | $1,025 |
Best Value Apartments for Rent in Downtown Florence, AL
As of February 25, 2026 the best value apartment in the Downtown Florence area is the $0.85 price per square foot Village Parc Model at Village Parc Apartments in the in the Downtown Florence neighborhood starting from $1,025. The second greatest value Downtown Florence apartment is the 3x3 Model at Bellamy Florence starting at $605 with a $0.53 price per square foot in the Downtown Florence neighborhood. Here is today’s list of the best values for Downtown Florence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Village Parc Apartments | Village Parc | 2BR,2.5BA | $0.85 |
| Bellamy Florence | 3x3 | 3BR,3BA | $0.53 |
| Cypress Ridge | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.72 |
| 754 N Wood Ave, Unit 4 | 754 N Wood Ave | 1BR,1BA | $1.39 |
| Ivy Green at the Shoals | 1br 720sf | 1BR,1BA | $1.01 |
| West Tennessee Street | 0BR/1.0BA | Studio ,1BA | $2.18 |
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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.
Pet Friendly LifestyleDowntown Florence, Florence, AL
Ranked #1
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Florence Apartments
What is the price of a cheap apartment in Downtown Florence?
The cheapest apartment in Downtown Florence is Ivy Green at the Shoals which is listed at $725, while the average apartment in Downtown Florence costs $900.
What types of apartments are the cheapest in Downtown 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 Downtown 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 Downtown Florence?
Cheap apartments in Downtown Florence have an average cost of $420 which is $480 cheaper than the average rent for all rentals in Downtown 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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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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.