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Rental Market Trends in Florence, SC

What is the average rent in Florence, SC?

$1,108/month

Average Rent

763 Sq Ft

Average Apartment Size

-2.2%

Decrease in the Last Year

As of April 2026, the average rent in Florence, SC is $1,108 per month. This is 32% lower than the national average rent of $1,641/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 $898 per month for a studio, $1,108 for a one-bedroom apartment, and around $1,217 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,359 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$898/month
208 Sq Ft
One Bedroom
$1,108/month
763 Sq Ft
Two Bedroom
$1,217/month
1,033 Sq Ft
Three Bedroom
$1,359/month
1,249 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,155/month
740 Sq Ft
Two Bedroom
$1,155/month
744 Sq Ft
Three Bedroom
$1,717/month
1,363 Sq Ft
Four Bedroom
$2,106/month
2,115 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,214/month
1,038 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 2.2%, which averages out to $24 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Florence, SC
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Florence, SC
Percentage*
Rent Range
4% Below $700/month
38% $700 - $1,000/month
38% $1,001 - $1,500/month
17% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Florence?

Based on current rent prices, The Haven at Mill Creek is the most affordable neighborhood in Florence.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Haven at Mill Creek
$1,710/month
900 Sq Ft

What are the most expensive neighborhoods in Florence?

Based on current rent prices, The Haven at Mill Creek is the most expensive neighborhood in Florence.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Haven at Mill Creek
$1,710/month
900 Sq Ft

Which Florence neighborhoods have the most rentals available?

The neighborhood in Florence with the most apartments available is The Haven at Mill Creek .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Haven at Mill Creek
$1,710/month
900 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Florence, SC?

Because the average rent in Florence is $1,108, you’ll want to make about $3,693 per month or $44,316 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.

City

Florence, SC

595 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Florence, SC

Apartment Averages

The Haven at Mill Creek

Florence, SC

The Haven at Mill Creek

Florence, SC

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Apartment communities in Florence we think you'll love

420-432 Wren Crest Ln

420-432 Wren Crest Ln

420-432 Wren Crest Ln,
Florence, SC 29505

$1,595

2 Beds

Oaks at Florence

Oaks at Florence

318 1/2 Royal St,
Florence, SC 29506

$912 - $1,398 Total Monthly Price

1-4 Beds | 12 Month Lease

Chandler Reserve Club

Chandler Reserve Club

3011 Pisgah Rd,
Florence, SC 29501

$1,599 - $1,799

2 Beds

Cambridge Apartments of Florence

Cambridge Apartments of Florence

3703 Southborough Rd,
Florence, SC 29501

$925 - $1,200

2 Beds

Property Management Companies in Florence, SC

Powers Properties
Powers Properties
  • 14

    Communities

  • 2,670

    Units

  • 3

    Cities

8 Communities in Florence
Sunbelt Properties
Sunbelt Properties
  • 11

    Communities

  • 1,412

    Units

  • 8

    Cities

3 Communities in Florence
Avenue5 Residential
Avenue5 Residential
  • 578

    Communities

  • 128,898

    Units

  • 223

    Cities

1 Community in Florence
Harbor Group Management
Harbor Group Management
  • 185

    Communities

  • 54,145

    Units

  • 135

    Cities

1 Community in Florence
Pacifica Companies
Pacifica Companies
  • 84

    Communities

  • 13,724

    Units

  • 62

    Cities

1 Community in Florence
CLK Properties
CLK Properties
  • 58

    Communities

  • 17,295

    Units

  • 35

    Cities

1 Community in Florence
Eighteen Capital Group
Eighteen Capital Group
  • 27

    Communities

  • 5,719

    Units

  • 19

    Cities

1 Community in Florence
Lat Purser & Associates, Inc.
Lat Purser & Associates, Inc.
  • 23

    Communities

  • 2,143

    Units

  • 10

    Cities

1 Community in Florence

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United States South Carolina Florence Rental Trends

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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity