420 Wren Crest Ln
420 Wren Crest Ln,
Florence, SC 29501
$1,595
2 Beds
Rental Market Trends in Florence, SC
What is the average rent in Florence, SC?
$1,127/month
Average Rent
763 Sq Ft
Average Apartment Size
-0.7%
Decrease in the Last Year
As of January 2026, the average rent in Florence, SC is $1,127 per month. This is 31% lower than the national average rent of $1,624/month, making renting in Florence more affordable than most cities in the US. When you rent an apartment in Florence, you can expect to pay about $916 per month for a studio, $1,127 for a one-bedroom apartment, and around $1,218 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,344 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Florence, SC?
In the past year, rent has decreased by 0.7%, which averages out to $7 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025
2026
Rent Ranges in Florence, SC
Last Updated January 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
40%
$700 - $1,000/month
38%
$1,001 - $1,500/month
15%
$1,501 - $2,000/month
2%
Above $2,000/month
What salary do I need to live comfortably in Florence, SC?
Because the average rent in Florence is $1,127, you’ll want to make about $3,756 per month or $45,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Florence, SC compare to other nearby cities and neighborhoods?
Use the tool below to compare Florence, SC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Apartment communities in Florence we think you'll love
Property Management Companies in Florence, SC
Powers Properties
-
14
Communities
-
2,622
Units
-
3
Cities
8 Communities in Florence
Sunbelt Properties
-
11
Communities
-
1,412
Units
-
8
Cities
3 Communities in Florence
Avenue5 Residential
-
552
Communities
-
122,349
Units
-
219
Cities
1 Community in Florence
Harbor Group Management
-
188
Communities
-
53,953
Units
-
134
Cities
1 Community in Florence
Pacifica Companies
-
88
Communities
-
14,105
Units
-
66
Cities
1 Community in Florence
CLK Properties
-
57
Communities
-
17,059
Units
-
34
Cities
1 Community in Florence
Eighteen Capital Group
-
27
Communities
-
5,719
Units
-
19
Cities
1 Community in Florence
Lat Purser & Associates, Inc.
-
23
Communities
-
1,981
Units
-
10
Cities
1 Community in Florence
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.
* Percentages may not total 100 due to rounding.