What is the average apartment size in Florence?

The average size for a Florence, KY apartment is 983 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Florence?

As of Sep / 2025, the average rent in Florence is $1,402 per month, a 6.51% increase from last year’s average of $1,316.

How much does rent cost by apartment size in Florence?

In Florence, studios rent for $779 per month, one-bedroom units average $1,198 per month, two-bedrooms cost around $1,427 per month, and three-bedroom apartments rent for about $1,724 per month

What is the average apartment size in Florence?

The typical apartment in Florence offers about 983 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Florence?

Studio apartments in Florence average 323 sq. ft., one-bedrooms offer 762 sq. ft., two-bedrooms are about 1,013 sq. ft., and three-bedroom apartments average 1,321 sq. ft.

Florence, KY Rental Market Trends

Q: What's the typical rent budget in Florence?

The typical rent budget in Florence ranges from $1,001 to $1,500 per month, with 58% of rentals in this range.

Q: Do most people rent or own in Florence?

In Florence, 41% of households rent while 59% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Florence is $1,402, a 6.51% increase compared to the previous year, when the average rent was $1,316.

Studio Apartments at $779 offer the most budget-friendly option with 323 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 762 square feet for $1,198, balancing privacy and affordability.

Two-beedroom units at $1,427 offer 1,013 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,321 sq ft) for $1,724, suitable for larger households.

Average rent in Florence, KY

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,402	983 sq. ft.
Studio	$779	323 sq. ft.
1 Bed	$1,198	762 sq. ft.
2 Beds	$1,427	1,013 sq. ft.
3 Beds	$1,724	1,321 sq. ft.

Florence, KY rent trends

Rental prices in Florence, KY have increased by 6.51% over the past year. The average rent moved from $1,316 to $1,402.

What's the typical rent budget in Florence, KY?

The largest share of rentals in Florence, KY (58%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Florence, KY?

5,705 or 41% of the households in Florence, KY are renter-occupied while 8,325 or 59% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Florence Compares to Other Cities

City	Average Rent
Florence	$1,402
Louisville	$1,317
Lexington	$1,347
Covington	$1,566
Richmond	$967
Newport	$1,493
Ft Mitchell	$1,191
Erlanger	$1,372
Oak Grove	$891
Shelbyville	$1,149
Burlington	$1,469
Cincinnati, OH	$1,452
Norwood, OH	$1,883
Independence	$1,413
Cold Spring, KY	$1,362
Dayton, KY	$1,871
Southgate, KY	$1,200
Walton, KY	$1,429
Crescent Springs, KY	$1,112
Fort Thomas, KY	$1,244
Highland Heights, KY	$1,578

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Florence apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.