Florence, KY Rental Market Trends
What is the average rent in Florence?
The average rent for an apartment in Florence is $1,034, a 7% increase compared to the previous year, when the average rent was $969.
Average Rent in Florence, KY
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,034||7%||967 sq. ft.|
What is the average apartment size in Florence?
The average size for a Florence, KY apartment is 967 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
4,958 or 37% of the households in Florence, KY are renter-occupied while 8,196 or 62% are owner-occupied.
Florence, KY Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021|
How Florence Compares to Other Cities
|Average Rent||Y-o-Y Change|