Rental market snapshot for Florence, Kentucky

Florence, Kentucky Rental Property Market Overview

Florence, Kentucky is a city located in Boone County, Kentucky. According to the US Census, Florence has a population of 32,132 as of 2021. It is a suburb of Cincinnati, Ohio, and is located in the northern part of the state. Florence is known for its historic downtown area, which features a variety of shops, restaurants, and other attractions. The city is also home to several parks and recreational facilities, including the Florence Y'all Water Tower Park. Florence is a great place to live, work, and play, and its population continues to grow.

The average rent for an apartment in Florence is $1,815. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Florence Kentucky | Cost of Living

  • The most expensive ZIP code in Florence is 41042 with an average price of $1,819.
  • The cheapest ZIP code in Florence is 41042 with an average price of $1,819.

Florence ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
141042$1,819

Live near Florence, Kentucky's Top Sights and Attractions

Florence Nature Park is a beautiful outdoor attraction located in Florence, Kentucky. It features over 200 acres of lush green space, with a variety of trails, picnic areas, and playgrounds. The park is home to a variety of wildlife, including deer, wild turkeys, and a variety of birds. Visitors can explore the park on foot or by bike, and can also take advantage of the fishing pond and disc golf course. The park also features a variety of educational programs, such as nature walks and bird watching.

Stringtown Park is a large outdoor recreation area located in a suburban area. It features a variety of activities for visitors of all ages, including a playground, walking trails, picnic areas, and a fishing pond. There is also a large open field perfect for sports and other outdoor activities. The park is surrounded by trees and lush greenery, providing a peaceful and tranquil atmosphere.

Orleans Park is a family-friendly destination located in Florence, Kentucky. It features a variety of outdoor activities, including a large playground, walking trails, a fishing pond, and a disc golf course. There is also a picnic area with grills, a pavilion, and a concession stand. The park is open year-round and offers a great place to spend time outdoors with friends and family.

South Fork Park is a sprawling outdoor recreation area located in Florence, Kentucky. It features a variety of activities, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a large pavilion, which can be rented for special events. The lake is stocked with fish, and visitors can rent boats or bring their own. The park is a great place to spend the day with family and friends, and is a popular spot for fishing, swimming, and other outdoor activities.

Lincoln Woods Park is a scenic outdoor destination located in Florence, Kentucky. It features a variety of activities, including hiking, biking, fishing, and picnicking. The park is home to a large lake, which is surrounded by lush forests and rolling hills. There are also several trails that wind through the park, offering visitors the chance to explore the area's natural beauty. The park also features a playground, picnic shelters, and a disc golf course.

That's Y'all Folks Mural is a large, colorful mural located on the side of a building in Florence, Kentucky. The mural features a variety of cartoon characters, including Bugs Bunny, Daffy Duck, and Porky Pig, as well as a large "That's All Folks!" sign. The mural is a popular spot for locals and visitors alike, and is a great spot for taking photos.

Us 42 Park is a family-friendly outdoor attraction located in Florence, Kentucky. It features a variety of activities, including a large playground, walking trails, a fishing pond, and a picnic area. The park also has a disc golf course, a sand volleyball court, and a basketball court. There is also a large pavilion with tables and grills for visitors to use. The park is open year-round and is a great place to spend a day outdoors with family and friends.

Walnut Creek Park is a beautiful outdoor destination located in Florence, Kentucky. It features a variety of activities for visitors to enjoy, including hiking trails, fishing, and a playground. The park also has a large picnic area, perfect for family gatherings or a romantic picnic. The park is surrounded by lush greenery and is a great place to relax and take in the beauty of nature.

This iconic landmark is a large, cylindrical tower with a pointed roof and a clock face at the top. It stands at over 100 feet tall and is painted in bright colors. Visitors can climb the spiral staircase inside the tower to the observation deck, where they can take in stunning views of the surrounding area. The tower is a popular spot for taking pictures and is a symbol of the city's history and culture.

The Bark Park & Patio is a pet-friendly outdoor space that offers a variety of activities for both dogs and their owners. It features a large, fenced-in grassy area for dogs to run and play, as well as a patio area with tables and chairs for owners to relax and enjoy the outdoors. The park also offers a variety of amenities, such as agility equipment, water fountains, and waste bags. It is the perfect place for pet owners to socialize and spend quality time with their furry friends.

Florence, Kentucky area median rent change by ZIP code map

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How does Florence compare to other cities in Kentucky?

citymedian price
Prospect$1,825
Erlanger$1,110
Owensboro$1,100

Average household income in Florence area graph - US Census

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The median household income in Florence in 2021 was $64,718. This represents a 30.5% change from 2011 when the median was $49,605.

#categorypercent
0Less than $10,0003.2%
1$10,000 to $14,9993.5%
2$15,000 to $19,9995.3%
3$20,000 to $24,9993.8%
4$25,000 to $29,9995.6%
5$30,000 to $34,9994.6%
6$35,000 to $39,9994.0%
7$40,000 to $44,9994.4%
8$45,000 to $49,9994.4%
9$50,000 to $59,99911.1%
10$60,000 to $74,99910.9%
11$75,000 to $99,99913.2%
12$100,000 to $124,99910.6%
13$125,000 to $149,9995.9%
14$150,000 to $199,9994.5%
15$200,000 or more4.8%

Neighborhoods in Florence

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Florence is $1,815.
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