Rentometer, Inc. | Data as of 12/04/2025
Florence, Alabama offers a vibrant rental market that blends historic charm with modern convenience, making it an appealing destination for students, professionals, and families alike. The city’s proximity to the University of North Alabama and a growing downtown scene means apartments and houses are in high demand, with one‑bedroom units typically falling in the $700s and larger three‑bedroom apartments reaching the $1300s. For renters seeking more space, two‑bedroom homes usually rent in the $1100s, while three‑bedroom houses trend around the $1400s and four‑plus bedroom properties can approach the $1900s. These price points reflect a balanced market that caters to a wide range of budgets while maintaining quality living standards.
Neighborhoods such as Midtown, Elm Bluff, and Cypress Grove each offer distinct living experiences—from walkable streets lined with boutique shops and cafés in downtown Florence to quieter, family‑friendly streets near the Tennessee River’s scenic Riverwalk. Residents enjoy easy access to cultural attractions like the River Heritage Park, the Shoals Theatre, and the University of North Alabama’s vibrant campus events. The city’s strong sense of community, excellent schools, and convenient access to major highways also make it a strategic location for those commuting to nearby Huntsville or Birmingham. Whether you’re looking for a modern apartment close to nightlife or a spacious house in a peaceful suburb, Florence’s rental inventory provides diverse options that align with lifestyle preferences and local amenities.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $705 | $680 | $400 - $1,300 | $650 - $685 |
| Apartment | 2 Bedroom | $949 | $852 | $705 - $1,600 | $840 - $1,100 |
| 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 | $1,445 | $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
$718 for 1 Bedroom,
$1,068 for 2 Bedroom,
$1,440 for 3 Bedroom, and
$1,885 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.