Florence, KY Rental Market Trends

What is the average rent in Florence?

The average rent for an apartment in Florence is $1,233. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Florence, KY

Last updated July 2023

Average Rent	Average Apartment Size
$1,233	950 sq. ft.

What is the average apartment size in Florence?

The average size for a Florence, KY apartment is 950 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.

Florence, KY apartment rent ranges

Florence, KY Occupied Housing Units

5,389 or 41% of the households in Florence, KY are renter-occupied while 7,748 or 59% are owner-occupied.

Florence, KY rent trends

Access comprehensive real estate data and information on Yardi Matrix

How Florence Compares to Other Cities

City	Average Rent
Louisville	$1,212
Cincinnati	$1,300
Lexington	$1,214
Florence	$1,233
Covington	$1,443
Cheviot	$989
Newport	$1,369
Erlanger	$1,116
Nicholasville	$1,233
Ft Mitchell	$1,089
Frankfort	$926
Independence	$1,318
Richmond	$861
Burlington	$1,303
Mount Healthy	$1,228
North College Hill	$1,085
Crescent Springs	$1,089
Fort Wright	$1,479
Park Hills	$1,479
Reading	$1,209
Deer Park	$1,606

What is the average price for a storage unit in Florence?

The average rent for a non-climate-controlled 10'x10' storage unit in Florence is $135.7. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.