Cheap Apartments for Rent in Florence, KY from $400 (64 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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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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Normandy Green
1 to 3 Bedroom Apartments

Normandy Green

6805 Sebree DrFlorence, KY 41042
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Oakwood Apartments
1 to 2 Bedroom Apartments

Oakwood Apartments

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

Brynwood Apartments

104 Rebel DrFlorence, KY 41042
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Crossroads Apartments
2 Bedroom Apartments

Crossroads Apartments

35-43 Banklick StFlorence, KY 41042
  • Utilities Included
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Paddock Club
1 to 3 Bedroom Apartments

Paddock Club

8000 Preakness DrFlorence, KY 41042
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GREENS OF TURFWAY
3 Bedroom Apartments

GREENS OF TURFWAY

6045 Montrose AveFlorence, KY 41042
  • Utilities Included

Where to Live in Cincinnati: Proximity-Based Neighborhood Rental Guide Near Major Employers

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Florence, KY Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Florence, KY

Pricing Updated: 05/04/2026

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$2,152$680424
Northern Kentucky$28,328$5952053

Cheapest Available Florence Apartments for Rent

 

The cheapest available apartment rental in Florence, KY is a 1 Bed unit found at Normandy Green in the Northern Kentucky neighborhood priced from $950. Furlong Trails Apartments in the Cody Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Florence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Normandy Green1 Bedrooms 1 Bathroom1BR,1BA$950
Furlong Trails Apartments1 Bed / 1 Bath1BR,1BA$950
Cliffside Estates1Bed/1Bath 2nd Floor Balcony1BR,1BA$975
Chelsea Garden Apartments2 Bedroom 1 Bathroom2BR,1BA$1,000
Champion Club ApartmentsOne Bedroom, One Bath1BR,1BA$1,020
Oakwood ApartmentsPhase II - 1 Bedroom, 1 Bath1BR,1BA$1,025
Florence Apartments1 bedroom 1 bath1BR,1BA$1,050
Village of Cross Creek1 Bedroom Apt upper floor1BR,1BA$1,050
Country Club Estates1 Bed/ 1 Bath w/Balcony-3rd Flr1BR,1BA$1,075
Florence Crossing1 bedroom1BR,1BA$1,075

Best Value Apartments for Rent in Florence, KY

As of May 04, 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
Trails of SaddlebrookHambletonian (2nd FloorBalcony)3BR,2BA$1.39
Brookside ParkThe Brook2BR,2BA$1.37
The BoulevardThe William2BR,2BA$1.40
Normandy Green2 Bedrooms 1.5 Bathroom2BR,1.5BA$1.43
Saratoga Apartments - STAA21BR,1BA$1.50
Champion Club ApartmentsOne Bedroom, One Bath1BR,1BA$1.34
Oakwood ApartmentsPhase II - 1 Bedroom, 1 Bath1BR,1BA$1.39
Furlong Trails Apartments1 Bed / 1 Bath1BR,1BA$1.36

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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

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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.

Best Local Schools in
Florence, KY

School data provided by Great Schools

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

Explore Florence, KY Rentals by Map

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See the most popular apartments and homes in Florence, KY

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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 $1,075.

What is the price of a cheap apartment in Florence?

The cheapest apartment in Florence is Normandy Green which is listed at $950, while the average apartment in Florence costs $15,240.

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 297 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 $532 which is $14,708 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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