Cheap Apartments for Rent in Florence, SD from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in Florence.

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.

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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320 1st St
1 to 2 Bedroom Apartments

320 1st St

320 1st StClinton, MN 56225
  • Utilities Included
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806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

806 W 5th StMorris, MN 56267
  • 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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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
Senior Living
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Home Rite Apartments
1 Bedroom Apartments

Home Rite Apartments

126 1st St SEOrtonville, MN 56278
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Archer Flats
Studio to 1 Bedroom Apartments

Archer Flats

2308 14th Ave NEWatertown, SD 57201
  • Utilities Included

Florence, SD Local Guide

Cheapest Available Florence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Florence, SD is a 1 Bed unit found at Natures Edge Partners LLC priced from $25. Beardsley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $519. Here is today’s list of the most affordable Florence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Natures Edge Partners LLC1B1B Subsidy1BR,1BA$25
Beardsley ApartmentsOne Bedroom1BR,1BA$519
Prairie Park Fairmount Apartments2 Beds, 1 bath2BR,1BA$545
Southland CourtStudio - BStudio,1BA$750
630 S High StHigh Street #52BR,1BA$850

Best Value Apartments for Rent in Florence, SD and Nearby

As of June 11, 2025 the best value apartment in the Florence area is the $1.03 price per square foot TH 4P/B - 1,640 Model at Wheatgrass Village I in the starting from $1,695. The second greatest value Florence apartment is the 1629 - 3A Model at The Plains Apartments starting at $1,870 with a $1.37 price per square foot . 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.
Wheatgrass Village ITH 4P/B - 1,6404BR,2.5BA$1.03
The Plains Apartments1629 - 3A3BR,2BA$1.37
One & Two Willow Creek2BR/2.0BA2BR,2BA$1.08
Prairie Park Fairmount Apartments3 Beds, 1 bath3BR,1BA$0.67
Marketplace ApartmentsG2BR,1BA$1.45
Beardsley ApartmentsOne Bedroom1BR,1BA$0.58
Cardinal Estates2 Bedroom 1 Bathroom2BR,1BA$1.06
1631 Olive DrTwo Bedroom2BR,1BA$1.22
The LoftsA1BR,1BA$1.47
1009 Southland Ln1 Bed 1 Bath1BR,1BA$1.44

Quick Rent Budget Calculator

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

Explore Florence, SD Rentals by Map

View MapFlorence, SD Apartments MapView MapFlorence, SD Rental Homes Map

Getting Around Florence, SD

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Florence Apartments

What is the Cheapest Studio apartment in Florence?

Currently the most affordable Cheap Studio Apartment in Florence is at Southland Court listed at $750.

How much is rent for a Cheap One Bedroom Florence Apartment?

The lowest price for a Cheap One Bedroom Florence Apartment is $25 at Natures Edge Partners LLC.

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 $545 at Prairie Park Fairmount Apartments.

What is the most affordable Florence Three Bedroom Apartment?

The best deal on a cheap Florence Three Bedroom Apartment rental is at Prairie Park Fairmount Apartments and starts from $650.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.