Rentometer, Inc. | Data as of 10/22/2025
Florence, Kentucky, nestled in the heart of the Bluegrass State and just a short drive from downtown Louisville, offers a vibrant blend of small‑city charm and modern convenience. Residents enjoy easy access to the bustling River Ridge Mall, scenic parks like Boone County Arboretum, and a growing dining scene that celebrates both local flavors and international cuisine. Excellent schools, convenient highway connections, and a strong sense of community make Florence an appealing destination for families, young professionals, and retirees alike.
The rental market reflects this appeal with a diverse mix of apartments and single‑family homes. Studio apartments are typically priced in the $700‑$800 range, while one‑bedroom units often fall within the $1,300‑$1,350 bracket. Those seeking more space can find two‑bedroom apartments around $1,400‑$1,500, and three‑bedroom units commonly range from $1,800‑$2,000. Stand‑alone houses provide comparable options, with three‑bedroom homes also hovering near the $1,800‑$2,100 range and larger four‑plus‑bedroom properties commanding $2,200‑$2,350. Popular neighborhoods such as Tyler Run, Turtle Creek, and the historic River Ridge area offer a blend of contemporary apartment complexes and well‑maintained homes, catering to a variety of lifestyle preferences.
Beyond the walls of a rental, Florence’s amenities enhance everyday living. Residents can enjoy nearby recreation at the Florence Y and the scenic Fountain Square, explore cultural events at the Florence Community Center, or take advantage of the extensive bike trails that connect the city to surrounding communities. With its balanced mix of affordability, convenience, and quality of life, Florence continues to be a sought‑after market for renters looking to settle in a thriving Kentucky city.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $760 | $700 | $325 - $1,255 | $325 - $1,255 |
| Apartment | 1 Bedroom | $1,322 | $1,312 | $850 - $1,939 | $1,075 - $1,584 |
| Apartment | 2 Bedroom | $1,465 | $1,422 | $900 - $2,205 | $1,176 - $1,815 |
| Apartment | 3 Bedroom | $1,939 | $1,799 | $1,525 - $2,823 | $1,677 - $2,110 |
| House | 3 Bedroom | $1,893 | $2,000 | $1,050 - $2,495 | $1,695 - $2,175 |
| House | 4+ Bedroom | $2,338 | $2,280 | $1,695 - $3,000 | $2,135 - $2,295 |
In the current period, the average rent in Florence was $760 for Studio, $1,322 for 1 Bedroom, $1,475 for 2 Bedroom, $1,915 for 3 Bedroom, and $2,288 for 4+ Bedroom.
Data provided by Rentometer, Inc.