Apartments for Rent in Florence, KY

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What to Know About

Life in Florence & Beyond

Florence shares many of the great qualities that make Kentucky a desirable place to live.

Kentucky, known as the "Bluegrass State" and located in the Appalachian foothills, is famous for its horse racing industry, but there's so much more to explore. Immerse yourself in Kentucky's cultural legacy with visits to the Kentucky Derby Museum and the Muhammad Ali Center, or further your education at universities like the University of Kentucky and the University of Louisville. Growing agriculture, manufacturing, and healthcare industries support Kentucky's economy, providing residents with a wide range of job opportunities.

Kentucky has a rich and diverse landscape, ranging from rolling hills to bustling cities, offering something for everyone. Take in the scenic views of the Appalachians, hit the links for a round of golf, or even attend exciting college sports games at renowned local universities. In addition, immerse yourself in famous attractions like Churchill Downs, the Kentucky Horse Park, Mammoth Cave National Park, the Kentucky Bourbon Trail, and the historic city of Lexington.

Kentucky offers a high quality of life, a strong economy, and a beautiful natural environment, making it a great place to live. The state's friendly and welcoming atmosphere will make you feel at home, and its unique blend of urban and rural living creates a unique sense of balance.

Rental Market Trends

Florence, KY

As of June 2026, Florence's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Florence's average rent is 15.5% ($186) higher than the Kentucky average of $1,203 and 22.7% ($408) lower than the U.S. average of $1,797.

Average Rent
$1,389
Monthly ChangeMonth Over Month Change
Decreased0.8% ($11)
Yearly ChangeYear Over Year Change
Increased8.3% ($106)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,156 Increased1.7% ($19) Increased6.4% ($70)
2 Beds $1,307 Decreased2.3% ($31) Decreased0.1% ($1)
3 Beds $1,782 Increased2.1% ($37) Increased16.2% ($248)
Nearby Cities Average Rent Avg. Rent vs. FlorenceAverage Rent vs. Florence Avg. Days on MarketAverage Days on Market
Erlanger $1,427 Increased2.7% ($38) 33 days
Ft Mitchell $1,457 Increased4.9% ($68) 31 days
Independence $1,671 Increased20.3% ($282) 35 days
Burlington $1,306 Decreased6% ($83) 35 days
Walton $946 Decreased31.9% ($443) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Florence Rental Market FAQs

Explore rental prices, market trends, and availability in Florence, KY.

The average rent in Florence, KY is $1,389 per month.
Apartments in Florence typically rent for between $809 and $2,317 per month, with an average of $1,389 per month.
In Florence, the average rent for a 1-bedroom apartment is $1,156 per month, for a 2-bedroom apartment, $1,307 per month, and a 3-bedroom apartment is $1,782 per month.
The average rent in Florence is 22.7% ($408) lower than the national average of $1,797 per month.
The average rent in Florence has decreased by 0.8% ($11) in the last month and increased by 8.3% ($106) over the past year.
The rental market in Florence, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Florence, KY, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 16 rental properties available in Florence, KY.
Based on the current averages, a household would need an annual income of $52,280 to comfortably afford a 2-bedroom apartment in Florence.
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