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Cheap Apartments for Rent in the Downtown Florence Neighborhood of Florence, AL from $300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Florence area of Florence.
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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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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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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 1 Bedroom Apartments | $760 | $650 | $1,100 |
| Downtown Florence 2 Bedroom Apartments | $927 | $795 | $1,195 |
| Downtown Florence 3 Bedroom Apartments | $885 | $605 | $1,295 |
| Downtown Florence 4 Bedroom Apartments | $535 | $535 | $535 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Florence Neighborhood of Florence, AL.
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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 1 Bed unit found at Cypress Ridge priced from $650. 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 |
|---|---|---|---|
| Cypress Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $650 |
| Ivy Green at the Shoals | 1br 720sf | 1BR,1BA | $725 |
| Village Parc Apartments | Village Parc | 2BR,2BA | $1,025 |
Best Value Apartments for Rent in Downtown Florence, AL
As of November 26, 2025 the best value apartment in the Downtown Florence area is the $0.80 price per square foot 120 Circular Rd Model at 120 Circular Rd, Unit Apartment 1 in the in the Downtown Florence neighborhood starting from $1,195. The second greatest value Downtown Florence apartment is the Village Parc Model at Village Parc Apartments starting at $1,025 with a $0.85 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. |
|---|---|---|---|
| 120 Circular Rd, Unit Apartment 1 | 120 Circular Rd | 2BR,2.5BA | $0.80 |
| Village Parc Apartments | Village Parc | 2BR,2.5BA | $0.85 |
| Bellamy Florence | 3x3 | 3BR,3BA | $0.53 |
| 468 N Locust St, Unit 2 | 468 N Locust St | 2BR,1BA | $1.12 |
| Ivy Green at the Shoals | 1br 720sf | 1BR,1BA | $1.01 |
| Cypress Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.93 |
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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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
Getting Around the Downtown Florence Neighborhood in Florence, AL
Walk Score®
68 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Cypress Ridge which is listed at $650, while the average apartment in Downtown Florence costs $875.
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 $440 which is $435 cheaper than the average rent for all rentals in Downtown Florence.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.