Cheap Apartments for Rent near Florence, IN from $825 (52 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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Gwen Gardens Apartments
1 to 2 Bedroom Apartments

Gwen Gardens Apartments

892 Bea Scott DrWarsaw, KY 41095
Senior Living
  • Utilities Included
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Haven Crossing
1 to 2 Bedroom Apartments

Haven Crossing

12800 Towne Center DrWalton, KY 41094
Senior Living
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Village of Cross Creek
1 to 3 Bedroom Apartments

Village of Cross Creek

7536 Hillcrest DrFlorence, KY 41042
Corporate Housing

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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Florence, IN Local Guide

Cheapest Available Florence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Florence, IN is a 1 Bed unit found at Parkview Senior Apartments in the French Quarter at Orleans neighborhood priced from $877. Brook Run Apartment Complex in the French Quarter at Orleans neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $935. Here is today’s list of the most affordable Florence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkview Senior ApartmentsOne Bedroom1BR,1BA$877
Brook Run Apartment ComplexStandard Two Bedroom2BR,1BA$935
Meadowbrook Apartments2 Bedroom 1 Bathroom2BR,1BA$1,000
Village of Cross Creek1 Bedroom Apt upper floor1BR,1BA$1,050
Markim Place Apartments2 Bed 1 Bath2BR,1BA$1,095
29 Warsaw Ave2 Bedroom2BR,1BA$1,100
Florence HallSedonaStudio,1BA$1,199
Dillsboro TownhomesTownhome2BR,1BA$1,200
Sky Harbor Apartments1 Bed Sunset Square1BR,1BA$1,200
Trails of SaddlebrookFairlawn (1st Floor—Patio)1BR,1BA$1,245

Best Value Apartments for Rent in Florence, IN and Nearby

As of September 07, 2026 the best value apartment in the Florence area is the $1.36 price per square foot Three Bed (Flex), Two-Half Bath TH Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $2,311. The second greatest value Florence apartment is the 2BR/2BA Model at 200 Riverview Dr starting at $1,500 with a $1.00 price per square foot in the Gallatin County 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.
Hopeful Trace TownhomesThree Bed (Flex), Two-Half Bath TH3BR,2.5BA$1.36
200 Riverview Dr2BR/2BA2BR,2BA$1.00
Howell Management Florence TownhomesThree Bedroom Townhome3BR,2.5BA$1.29
Affinity of Union2 bedroom 2 bathroom front to back2BR,2BA$1.28
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Newly Renovated Apartments2 bed 1.5 bath TH2BR,1.5BA$1.30
29 Warsaw Ave3 Bedroom3BR,1BA$1.32
Brook Run Apartment ComplexStandard Two Bedroom2BR,1BA$1.14
Markim Place Apartments2 Bed 1 Bath2BR,1BA$1.35
Parkview Senior ApartmentsOne Bedroom1BR,1BA$1.27

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

Explore Florence, IN Rentals by Map

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Frequently Asked Questions about Cheap Florence Apartments

How much is rent for a Cheap One Bedroom Florence Apartment?

The lowest price for a Cheap One Bedroom Florence Apartment is $877 at Parkview Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Florence Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Florence is starting from $935 at Brook Run Apartment Complex.

What is the most affordable Florence Three Bedroom Apartment?

The best deal on a cheap Florence Three Bedroom Apartment rental is at 29 Warsaw Ave and starts from $1,225.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.