Florence, KY Rental Market Trends
What is the average rent in Florence?
The average rent for an apartment in Florence is $1,363. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Florence, KY
Last updated March 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,363 | 975 sq. ft. |
What is the average apartment size in Florence?
The average size for a Florence, KY apartment is 975 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
5,705 or 41% of the households in Florence, KY are renter-occupied while 8,325 or 59% are owner-occupied.
Florence, KY rent trends
How Florence Compares to Other Cities
| State | Average Rent |
|---|---|
| Louisville | $1,309 |
| Cincinnati | $1,424 |
| Lexington | $1,337 |
| Florence | $1,363 |
| Richmond | $956 |
| Newport | $1,419 |
| Covington | $1,499 |
| Shelbyville | $1,129 |
| Ft Mitchell | $1,159 |
| Hopkinsville | $972 |
| Oak Grove | $948 |
| Burlington | $1,464 |
| Erlanger | $1,365 |
| Independence | $1,402 |
| Southgate | $1,195 |
| Norwood | $1,838 |
| Walton | $1,388 |
| Cold Spring | $1,327 |
| Crescent Springs | $1,067 |
| Dayton | $1,824 |
| Latonia | $1,492 |
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 $110.1. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Florence
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Walnut Creek
6827 Shenandoah Drive, Florence, KY 41042| 1 BED | $915+ |
| 2 BEDS | $1,060 |
Oakwood Apartments
6928 Oakwood Drive, Florence, KY 41042| 1 BED | $995 |
| 2 BEDS | $1,060 |
Blue Grass Manor
3904 Lori Drive, Erlanger, KY 41018| 1 BED | $1,020 |
| 2 BEDS | $1,140 |