1045 E 3rd St
RedfieldSD57469
Cheap Homes for Rent in Florence, SD from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Florence.
500 1st Ave S
FairmountND58030
318 S 3rd St
MilanMN56262
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.
316 S 3rd St
MilanMN56262
308 S 3rd St
MilanMN56262
625 14th Ave
BrookingsSD57006
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.
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Florence, SD Local Guide
Ranch in South Dakota by USDA NRCS South Dakota is licensed under CC BY 2.0
How much does it cost to rent a home in Florence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Florence 2 Bedroom Homes for Rent | $1,208 | $900 | $1,595 |
| Florence 3 Bedroom Homes for Rent | $2,660 | $1,200 | $10,000+ |
| Florence 4 Bedroom Homes for Rent | $1,900 | $1,800 | $2,100 |
| Florence 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Florence, SD Local Guide
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Cheapest Available Florence Apartments for Rent and Nearby
The cheapest available apartment rental in Florence, SD is a 1 Bed unit found at Mary's Heights Apartments priced from $455. Beardsley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Florence apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mary's Heights Apartments | 1 Bed, 1 bath | 1BR,1BA | $455 |
| Beardsley Apartments | 1 Bed, 1 bath | 1BR,1BA | $620 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $840 |
Best Value Apartments for Rent in Florence, SD and Nearby
As of April 25, 2026 the best value apartment in the Florence area is the $1.13 price per square foot 3Bed,2.5Bath Model at 1501 N Grove Pl in the starting from $1,700. The second greatest value Florence apartment is the 3 Beds, 2 baths Model at Mary's Heights Apartments starting at $870 with a $0.65 price per square foot . Here is today’s list of the best values for Florence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1501 N Grove Pl | 3Bed,2.5Bath | 3BR,2.5BA | $1.13 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.65 |
| Innovation Village | Enterprise E | 2BR,2BA | $1.26 |
| The Plains Apartments | 1629 - 2A | 2BR,2BA | $1.28 |
| SunHill Lake Norden | 3 Beds, 1 bath | 3BR,1BA | $1.18 |
| East Point Village Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.35 |
| Beardsley Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.69 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.46 |
| Wilmot Estates Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.71 |
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.
Read ArticleThe 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 ArticleCash 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 ArticleQuick 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.
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Explore Florence, SD Rentals by Map
See the most popular apartments and homes in Florence, SD
Frequently Asked Questions about Florence
What type of rentals are currently available in Florence?
There are currently 61 Apartments for Rent in Florence, SD with pricing that ranges from $455 to $2,910. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Florence ranging from $275 to $10,000.
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 $275 to $10,000 with an average monthly rent of $1,786.
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 $870 to $1,840, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,700.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.
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.
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.