Cheap Apartments for Rent in Florence, KY from $400 (25 Rentals)

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2 Circle Drive
1 Bedroom Apartments

2 Circle Drive

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

Wentworth Estates

7500 Carole LnFlorence, 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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Crossroads Apartments
2 Bedroom Apartments

Crossroads Apartments

35-43 Banklick StFlorence, KY 41042
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Amhurst Apartments
1 to 2 Bedroom Apartments

Amhurst Apartments

106 Amhurst DrErlanger, KY 41018
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Blue Grass Manor
1 to 2 Bedroom Apartments

Blue Grass Manor

3904 Lori DrErlanger, KY 41018
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Florence, KY Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Florence, KY

Pricing Updated: 06/28/2025

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$1,975$600264
Northern Kentucky$29,530$6001240

Cheapest Available Florence Apartments for Rent

 

The cheapest available apartment rental in Florence, KY is a 1 Bed unit found at Willow Glen Apartments in the Northern Kentucky neighborhood priced from $900. Furlong Trails Apartments in the Cody Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Florence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Glen Apartments1 Bedroom 1 Bath1BR,1BA$900
Furlong Trails Apartments1 Bed / 1 Bath1BR,1BA$925
The Sanctuary on EdwardsOne Bedroom1BR,1BA$925
The Woods of Oakbrook1 Bed 1 Bath1BR,1BA$940
Crown Court Apartments2 Bedroom 1 Bath 892SqFT2BR,1BA$990

Best Value Apartments for Rent in Florence, KY

As of June 29, 2025 the best value apartment in the Florence area is the $1.16 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 $1,975. The second greatest value Florence apartment is the 3 Bedroom, 2 Bath 1,635 sq. ft. - Carrington Model at Overlook Apartment Homes starting at $1,920 with a $1.17 price per square foot in the Cody Meadows 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$1.16
Overlook Apartment Homes3 Bedroom, 2 Bath 1,635 sq. ft. - Carrington3BR,2BA$1.17
Affinity of Union3 bedroom 2 bathroom3BR,2BA$1.29
Eagle Ridge Apartments3TH basementEagle Ridge Apartments3BR,2BA$1.20
Country Club Estates2 Bedroom/2 Bath 3rd floor2BR,1BA$1.16
195 Cave Run Dr, Unit Cave Run - 195 Unit 1195 Cave Run Dr2BR,2BA$1.31
Walnut Creek2 bed 1.5 bath2BR,1.5BA$1.09
Crown Court Apartments2 Bedroom 1 Bath 892SqFT2BR,1BA$1.11
The Crossings of Oakbrook1 Bedroom 1 Bath1BR,1BA$1.33
Furlong Trails Apartments1 Bed / 1 Bath1BR,1BA$1.32

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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!

Explore Florence, KY Rentals by Map

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Getting Around Florence, KY

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

18 / 100

Minimal Transit

It may be possible to get on a bus

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 $1,100.

What is the price of a cheap apartment in Florence?

The cheapest apartment in Florence is Willow Glen Apartments which is listed at $900, while the average apartment in Florence costs $15,752.

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 144 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 $569 which is $15,183 cheaper than the average rent for all rentals in Florence.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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