Cheap Homes for Rent in Florence, IN from $800 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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.

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.

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

Best Value Apartments for Rent in Florence, IN and Nearby

As of April 10, 2026 the best value apartment in the Florence area is the $1.05 price per square foot 4 Bedroom Townhome Model at South Pointe Townhomes in the in the Northern Kentucky neighborhood starting from $1,455. 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.
South Pointe Townhomes4 Bedroom Townhome4BR,2BA$1.05
Affinity of Union2 bedroom 2 bathroom front to back2BR,2BA$1.26
Trails of SaddlebrookHambletonian (2nd FloorBalcony)3BR,2BA$1.48
Grand at FlorenceThe Grandstand2BR,2.5BA$1.48
Farmington Oaks2BR/1.5BA2BR,1.5BA$1.30
200 Riverview Dr1BR/1BA1BR,1BA$1.10
Aurora Apartments2 bed 1 bath2BR,1BA$1.30
Sky Harbor Apartments2 Bed Bungalow2BR,2BA$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.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Florence, IN Rentals by Map

View Map
Florence, IN Apartments Map
View Map
Florence, IN Rental Homes Map

Frequently Asked Questions about Florence

What type of rentals are currently available in Florence?

There are currently 41 Apartments for Rent in Florence, IN with pricing that ranges from $470 to $4,023. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Florence ranging from $850 to $4,000.

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 $850 to $4,000 with an average monthly rent of $1,792.

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 $925 to $4,023, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,455.

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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.