
Cheap Apartments for Rent near Florence, IN from $800 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Florence.


Brook Run Apartment Complex

Parkview Senior Apartments

The Woods of Oakbrook

Walton Ridge Apartments

Hayfield Park

Markim Place Apartments

29 Warsaw Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Burgundy Hills Apartments

Farmington Oaks

Sky Harbor Apartments

Newly Renovated Apartments

Florence Hall

Weaver Farm

Dillsboro Townhomes

Tuscany Bay Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

WoodSpring

The Legends at Steeplechase

Affinity of Union

South Pointe Townhomes

Grand at Florence

The Trellises Apartments

Altair Luxury Apartments

Bluffs of Burlington
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Columns on Wetherington Apartments

The Boulevard

Parkway Trails

200 Riverview Dr

Gwen Gardens Apartments

251 Main St

Meadowbrook Apartments

933-937 Highland Ave
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.

Village of Cross Creek

251 E High St

16 Michigan Ave

1011 Rapid Ave

10136 Carnation Ct

Trails of Saddlebrook

2791 Madison Ave

159 Green River Dr
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.

412 Marian Ln

2823 Madison Ave

38 Rio Grande Cir
Florence, IN Local Guide

How much does it cost to rent an apartment in Florence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Florence Studio Apartments | $1,191 | $965 | $1,305 |
| Florence 1 Bedroom Apartments | $1,466 | $835 | $2,673 |
| Florence 2 Bedroom Apartments | $1,556 | $825 | $3,128 |
| Florence 3 Bedroom Apartments | $1,919 | $927 | $3,708 |
| Florence 4 Bedroom Apartments | $1,455 | $1,455 | $1,455 |
Browse Top Apartments in Florence
See all Apartments in FlorenceExplore Florence
Florence, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkview Senior Apartments | One Bedroom | 1BR,1BA | $877 |
| Brook Run Apartment Complex | Standard Two Bedroom | 2BR,1BA | $935 |
| Hayfield Park | Studio Reno | Studio,1BA | $965 |
| Village of Cross Creek | 1 Bedroom Apt upper floor | 1BR,1BA | $1,050 |
| Markim Place Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,095 |
| 29 Warsaw Ave | 31 - 2 Bedroom | 2BR,1BA | $1,100 |
| Sky Harbor Apartments | 1 Bed Sunset Square 2 | 1BR,1BA | $1,179 |
| Newly Renovated Apartments | 2 bed 1 bath | 2BR,1BA | $1,190 |
| Weaver Farm | The Harvest | 2BR,1BA | $1,199 |
| Dillsboro Townhomes | Townhome | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Florence, IN and Nearby
As of July 24, 2026 the best value apartment in the Florence area is the $1.35 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 $2,300. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hopeful Trace Townhomes | Three Bed/Flex Two-Half Bath TH | 3BR,2.5BA | $1.35 |
| 200 Riverview Dr | 2BR/2BA | 2BR,2BA | $1.00 |
| Affinity of Union | 2 bedroom 2 bathroom front to back | 2BR,2BA | $1.28 |
| South Pointe Townhomes | 3 Bedroom Garden | 3BR,2BA | $1.21 |
| Trails of Saddlebrook | Gainsway (1st Floor—Patio) | 2BR,2BA | $1.32 |
| Newly Renovated Apartments | 2 bed 1 bath | 2BR,1BA | $1.24 |
| 29 Warsaw Ave | 29 - 3 Bedroom | 3BR,1BA | $1.32 |
| Markim Place Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.35 |
| Brook Run Apartment Complex | Two Bedroom W/D Connections | 2BR,1BA | $1.22 |
| Parkview Senior Apartments | One Bedroom | 1BR,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.
Read ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Florence, IN Rentals by Map
See the most popular apartments and homes in Florence, IN
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 $1,010 at The Woods of Oakbrook.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.