Cheap Apartments for Rent in Florence, IN from $400 (39 Rentals)

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Search the lowest-cost Apartments 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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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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Village of Cross Creek
1 to 3 Bedroom Apartments

Village of Cross Creek

7536 Hillcrest DrFlorence, KY 41042
Corporate Housing
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Haven Crossing
1 to 2 Bedroom Apartments

Haven Crossing

12800 Towne Center DrWalton, KY 41094
Senior Living

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-39, Page 1 of 1

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 Gwen Gardens Apartments in the Northern Kentucky neighborhood priced from $470. Village of Cross Creek in the Cody Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Florence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gwen Gardens ApartmentsOne Bedroom1BR,1BA$470
Village of Cross Creek1 Bedroom Apt upper floor1BR,1BA$1,050
200 Riverview Dr1BR/1BA1BR,1BA$1,100
Markim Place Apartments2 Bed 1 Bath2BR,1BA$1,150
Newly Renovated Apartments2 bed 1 bath2BR,1BA$1,190
Weaver FarmThe Harvest2BR,1BA$1,199
Sky Harbor Apartments1 Bed Sunset Square1BR,1BA$1,200
Dillsboro TownhomesApartment1BR,1BA$1,200
WoodSpring1 Bedroom, 1 Bath (800 sqft.)1BR,1BA$1,219
The BoulevardThe Abbey1BR,1BA$1,249

Best Value Apartments for Rent in Florence, IN and Nearby

As of April 24, 2026 the best value apartment in the Florence area is the $1.24 price per square foot Two Bed w/Studio, Two-Half Bath TH Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $2,100. The second greatest value Florence apartment is the 2 bedroom 2 bathroom front to back Model at Affinity of Union starting at $1,565 with a $1.26 price per square foot in the French Quarter at Orleans 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 TownhomesTwo Bed w/Studio, Two-Half Bath TH2BR,2.5BA$1.24
Affinity of Union2 bedroom 2 bathroom front to back2BR,2BA$1.26
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Farmington Oaks2BR/2.0BA2BR,2BA$1.20
200 Riverview Dr1BR/1BA1BR,1BA$1.10
Newly Renovated Apartments2 bed 1 bath2BR,1BA$1.24
Sky Harbor Apartments2 Bed Bungalow2BR,2BA$1.47
The BoulevardThe Abbey1BR,1BA$1.47
Gwen Gardens ApartmentsTwo Bedroom2BR,2BA$0.83
Markim Place Apartments2 Bed 1 Bath2BR,1BA$1.42

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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 $470 at Gwen Gardens 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 $695 at Gwen Gardens Apartments.

What is the most affordable Florence Three Bedroom Apartment?

The best deal on a cheap Florence Three Bedroom Apartment rental is at South Pointe Townhomes and starts from $1,298.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.