Cheap Homes for Rent in Florence, AL from $700 (18 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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property at 620 Simpson St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Jul 6

620 Simpson St

FlorenceAL35630

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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Showing Results 1-18, Page 1 of 1

Florence, AL Local Guide

Cheapest Neighborhoods for Apartments in Florence, AL

Pricing Updated: 06/23/2026

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$1,000$37512

Cheapest Available Florence Apartments for Rent

 

The cheapest available apartment rental in Florence, AL is a 1 Bed unit found at Quail Run priced from $630. West Tennessee Street in the Downtown Florence neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Florence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Quail Run1 Bed, 1 bath1BR,1BA$630
West Tennessee Street1BR/1.0BA1BR,1BA$650
Cypress Ridge1 Bedroom 1 Bathroom1BR,1BA$675
Heathrow PlaceOne bedroom residence1BR,1BA$725
Stonebrook Village1 Bedroom 1 Bathroom1BR,1BA$750

Best Value Apartments for Rent in Florence, AL

As of June 23, 2026 the best value apartment in the Florence area is the $1.00 price per square foot 2A Model at The Oakley at Deerfield in the starting from $1,250. The second greatest value Florence apartment is the Village Parc Model at Village Parc Apartments starting at $1,050 with a $0.88 price per square foot in the Downtown Florence neighborhood. 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.
The Oakley at Deerfield2A2BR,2BA$1.00
Village Parc ApartmentsVillage Parc2BR,2.5BA$0.88
Seville Place Apartment Village2 BR/2 BA2BR,2BA$0.96
458 County Road 279, Unit 458 County Road 279458 County Road 2792BR,2BA$1.00
Creekside Apartments2 Bedroom 2 Bath - 487972BR,2BA$1.00
North Village2 Bedroom 2 Bathroom2BR,2BA$0.98
Brentwood2BR/2.0BA2BR,2BA$0.92
The Woodlands Apartment Homes, LLCB12BR,1BA$0.87
Quail Run2 Beds, 1 bath2BR,1BA$0.95
Cypress Ridge1 Bedroom 1 Bathroom1BR,1BA$0.96

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Best Local Schools in
Florence, AL

School data provided by Great Schools

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

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Frequently Asked Questions about Florence

What type of rentals are currently available in Florence?

There are currently 105 Apartments for Rent in Florence, AL with pricing that ranges from $375 to $1,600. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Florence ranging from $750 to $2,500.

What is the current price range for Rental Homes in Florence?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Florence ranges from $750 to $2,500 with an average monthly rent of $1,485.

How much are larger Three and Four Bedroom Rentals in Florence?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Florence range from $565 to $1,410, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $490.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.