Rentometer, Inc. | Data as of 10/22/2025
Florence, Alabama offers a diverse rental landscape that caters to a wide range of lifestyles, from compact one‑bedroom apartments perfect for young professionals to spacious four‑plus‑bedroom houses ideal for growing families. Apartment options start in the $700 range for a single bedroom, with two‑bedroom units averaging in the $900 to $1,300 bracket, while three‑bedroom apartments typically approach the $1,300 mark. For those seeking more room, homes provide a compelling alternative: two‑bedroom houses average around $1,100, three‑bedroom properties hover near $1,450, and larger four‑plus‑bedroom homes command rents in the $1,900 range. These price tiers reflect the city’s balanced cost of living and its appeal to both students and professionals.
The rental market benefits from Florence’s vibrant downtown district, where historic architecture blends with modern amenities, and from the scenic backdrop of the Tennessee River. Proximity to the University of North Alabama and local hospitals makes the area especially attractive to students, faculty, and healthcare workers, driving demand for both apartments and single‑family homes. Popular neighborhoods such as the Riverwalk district, the historic DeWitt Park area, and the family‑friendly West Florence community each offer unique character, easy access to dining, shopping, and outdoor recreation, and a strong sense of community.
Renters appreciate the city’s commitment to growth and quality of life, evident in ongoing revitalization projects, well‑maintained public spaces, and a thriving cultural scene that includes museums, music venues, and annual festivals. Whether you’re searching for a convenient apartment close to campus or a spacious house in a quiet suburb, Florence’s rental market provides flexible options that align with a variety of budgets and lifestyle preferences, making it a welcoming place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $704 | $682 | $400 - $1,300 | $650 - $695 |
| Apartment | 2 Bedroom | $940 | $840 | $705 - $1,600 | $840 - $975 |
| Apartment | 3 Bedroom | $1,322 | $1,375 | $970 - $1,795 | $970 - $1,500 |
| House | 2 Bedroom | $1,130 | $1,125 | $695 - $2,250 | $895 - $1,250 |
| House | 3 Bedroom | $1,448 | $1,400 | $795 - $2,900 | $1,200 - $1,650 |
| House | 4+ Bedroom | $1,962 | $1,895 | $1,295 - $3,200 | $1,600 - $2,295 |
In the current period, the average rent in Florence was
$717 for 1 Bedroom,
$1,062 for 2 Bedroom,
$1,442 for 3 Bedroom, and
$1,885 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.