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Apartments for Rent in Florence AL

298 Rentals

Florence, AL Apartments for Rent

Bordered by the Tennessee River, Florence, AL offers its residents both a metropolitan yet localized experience. Home to the University of North Alabama, Florence has a vibrant downtown area, outdoor activities, and historic landmarks to enjoy. There is something for everyone in this diverse and growing city.

The Tennessee River makes for some great fishing. From a casual afternoon at a creek to a competitive fly-fishing tournament, the river and creeks will provide you with some of the best fishing around. Historic downtown offers a vibrant, big-city atmosphere, especially on the first Friday of every summer and fall month when local artists and musicians line the streets for an evening of culture and art.

Another hot attraction is McFarland Park, located between the Tennessee River and Downtown Florence. This massive 200-acre park features trails, picnic shelters, playgrounds, and sport fields. While visiting the park you can even grab a bite to eat on the water at Stanfields River Bottom Grille, the floating restaurant and bar. As the locals like to say, “This is southern living at its best.”

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Florence, AL Rental Insights

The average rent in Florence, AL is $608 per month. By comparison, renters across the U.S. pay an average of $1,631, which means housing in Florence, AL is slightly less expensive than much of the country.

The cost of living in Florence, AL is 16.2% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.

To live comfortably in Florence, AL as a single adult with no dependents, aim for a salary of at least $54,000 before taxes. Expect to spend about $7,836/year for groceries, $11,784 for goods and services, and $11,664/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.

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