Cheap Apartments for Rent in Florence, KY from $400 (34 Rentals)

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Wentworth Estates
Studio to 3 Bedroom Apartments

Wentworth Estates

7500 Carole LnFlorence, KY 41042

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2 Circle Drive
1 Bedroom Apartments

2 Circle Drive

2 Circle DrFlorence, KY 41042
  • Utilities Included
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Oakwood Apartments
1 to 2 Bedroom Apartments

Oakwood Apartments

6928-6936 Oakwood DrFlorence, KY 41042
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Brynwood Apartments
1 to 2 Bedroom Apartments

Brynwood Apartments

104 Rebel DrFlorence, KY 41042
  • Utilities Included

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Crossroads Apartments
2 Bedroom Apartments

Crossroads Apartments

35-43 Banklick StFlorence, KY 41042
  • Utilities Included

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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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Amhurst Apartments
Studio to 2 Bedroom Apartments

Amhurst Apartments

106 Amhurst DrErlanger, KY 41018
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Blue Grass Manor
1 to 2 Bedroom Apartments

Blue Grass Manor

3904 Lori DrErlanger, KY 41018
  • Utilities Included

Florence, KY Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Florence, KY

Pricing Updated: 01/28/2026

Current apartment rentals in the Florence, KY 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
Boone County$2,100$550597
Northern Kentucky$23,255$4702458

Cheapest Available Florence Apartments for Rent

 

The cheapest available apartment rental in Florence, KY is a 1 Bed unit found at Watson's Landing in the Northern Kentucky neighborhood priced from $815. Wentworth Estates in the Cody Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $820. Here is today’s list of the most affordable Florence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Watson's Landing1x1 5501BR,1BA$815
Wentworth EstatesStudioStudio,1BA$820
Willow Glen Apartments1 Bedroom 1 Bath1BR,1BA$900
Chelsea Garden Apartments2 Bedroom 1 Bathroom2BR,1BA$925
Furlong Trails Apartments1 Bed / 1 Bath1BR,1BA$950
Meadowbrook Apartments2 Bedroom 1 Bathroom2BR,1BA$975
Brook Run Apartment ComplexStandard Two Bedroom2BR,1BA$975
Village of Cross Creek ApartmentsWaverly1BR,1BA$1,003
Oakwood ApartmentsPhase II - 1 Bedroom, 1 Bath1BR,1BA$1,025
Normandy Green Apartments & TownhomesCardinal1BR,1BA$1,036

Best Value Apartments for Rent in Florence, KY

As of January 28, 2026 the best value apartment in the Florence area is the $1.35 price per square foot 3 Bedrooms, 2.5 Bathrooms 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 Sophia Model at The Villages of Burlington starting at $1,904 with a $1.39 price per square foot in the Northern Kentucky 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 Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.35
The Villages of BurlingtonSophia2BR,2BA$1.39
Eagle Ridge Apartments3TH basementEagle Ridge Apartments3BR,2BA$1.39
Bluffs of Burlington2-Bedroom SM & LG2BR,2BA$1.24
Brookside ParkThe Brook2BR,2BA$1.37
195 Cave Run Dr, Unit Cave Run - 195 Unit 1195 Cave Run Dr2BR,2BA$1.31
Walnut Creek2 bed 1.5 bath2BR,1.5BA$1.16
Cliffside Estates2Bed/1Bath 3rd Floor Balcony2BR,1BA$1.36
Oakwood ApartmentsPhase II - 1 Bedroom, 1 Bath1BR,1BA$1.39
Furlong Trails Apartments1 Bed / 1 Bath1BR,1BA$1.36

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Cincinnati

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Cincinnati metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com

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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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Florence Overview

Florence, KY is one of the communities in Kentucky that is expanding at the quickest rate. Located in Boone County, Florence has a population of a little over 30,000 people, spanning a wide range of ages and demographics, including families, retirees and single professionals. There are more than 2,500 places of commercial businesses in Florence. The city provides access to large city facilities both within its boundaries, and within a short drive.

Why live in Florence, KY?

Located in the Greater Cincinnati Region, Florence, Kentucky is a community that offers a laid-back lifestyle. Florence is considered an ideal place to raise a family. Florence is one of the fastest-growing cities in the state of Kentucky. It has seen a 14.2% growth in population over the last decade. It is also the second-largest city in Northern Kentucky. The city is the cultural center of the area. It’s home to several parks and other recreational opportunities. The city has a low violent crime rate. This rate is 158 crimes per 100,000 residents. This is slightly higher than the Kentucky state average, but lower than the national average. This contributes to the overall safety of the city. The cost of living in Florence is affordable, too. In comparison to the national average, utilities, food, and transportation expenses are significantly lower in Florence.

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

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Frequently Asked Questions about Cheap Florence Apartments

What is a cheap apartment in Florence?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Florence is under $1,036.

What is the price of a cheap apartment in Florence?

The cheapest apartment in Florence is Watson's Landing which is listed at $815, while the average apartment in Florence costs $12,677.

What types of apartments are the cheapest in Florence?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 366 regular apartments in Florence that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Florence?

Cheap apartments in Florence have an average cost of $680 which is $11,997 cheaper than the average rent for all rentals in Florence.

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.

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