Cheap Homes for Rent in Florence, SD from $500 (8 Rentals)

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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

Cheapest Available Florence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Florence, SD is a 1 Bed unit found at Beardsley Apartments priced from $519. Prairie Park Fairmount Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $545. Here is today’s list of the most affordable Florence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beardsley ApartmentsOne Bedroom1BR,1BA$519
Prairie Park Fairmount Apartments2 Beds, 1 bath2BR,1BA$545
Wheatgrass Village IEfficency with 1 bathStudio,1BA$695

Best Value Apartments for Rent in Florence, SD and Nearby

As of September 02, 2025 the best value apartment in the Florence area is the $1.16 price per square foot 3 Bed Model at Cloverfield Townhomes in the in the Downtown Brookings neighborhood starting from $2,095. The second greatest value Florence apartment is the 2 Bed Model at 105 Carly Dr starting at $1,200 with a $1.04 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.
Cloverfield Townhomes3 Bed3BR,2.5BA$1.16
105 Carly Dr2 Bed2BR,1.5BA$1.04
The Plains Apartments1631 - 2 Bedroom - Galley2BR,2BA$1.40
Wilkeshire Apartments1080 sf 2b/1b2BR,1BA$1.11
Prairie Park Fairmount Apartments3 Beds, 1 bath3BR,1BA$0.67
Beardsley ApartmentsOne Bedroom1BR,1BA$0.58
Generations on 1st1BR/1.0BA1BR,1BA$1.40
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.26
Prairie Village ApartmentsPrairie Village 1 - 1 Bed - 1 Bath1BR,1BA$1.32
Wheatgrass Village IEfficency with 1 bathStudio ,1BA$1.50

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

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Frequently Asked Questions about Florence

What type of rentals are currently available in Florence?

There are currently 49 Apartments for Rent in Florence, SD with pricing that ranges from $502 to $2,500. There are also 27 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 $1,491.

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.