2-Bedroom Apartment Rent in Florence, KY
Median asking rent for a 2-bedroom apartment in Florence, Kentucky as of July 2026. That's +10% lower than the citywide median of $1,588 and +14% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Florence
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Florence
Compare Florence's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Kentucky
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Morehead | $870 |
| 2 | Corbin | $900 |
| 3 | Russellville | $900 |
| 4 | Bardstown | $920 |
| 5 | Richmond | $950 |
| 6 | Radcliff | $1,010 |
| 7 | Lawrenceburg | $1,020 |
| 8 | Paducah | $1,050 |
| 9 | Nicholasville | $1,060 |
| 10 | Paris | $1,060 |
| 11 | Versailles | $1,060 |
| 12 | Winchester | $1,060 |
| 13 | Murray | $1,080 |
| 14 | Hopkinsville | $1,130 |
| 15 | Elizabethtown | $1,140 |
Most expensive cities for a 2-bedroom in Kentucky
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Prospect | $2,000 |
| 2 | Hebron | $1,670 |
| 3 | Burlington | $1,580 |
| 4 | Independence | $1,500 |
| 5 | Florence (this page) | $1,430 |
| 6 | Louisville | $1,408 |
| 7 | Vine Grove | $1,360 |
| 8 | Cold Spring | $1,330 |
| 9 | Erlanger | $1,300 |
| 10 | Fort Thomas | $1,290 |
| 11 | Alexandria | $1,280 |
| 12 | Lexington | $1,261 |
| 13 | Fort Wright | $1,236 |
| 14 | Shepherdsville | $1,230 |
| 15 | Oak Grove | $1,200 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Florence.
| City | Distance | 2-Bedroom rent | vs Florence |
|---|---|---|---|
| Erlanger, KY | 3.5 mi | $1,300 | $-130 (-9%) |
| Burlington, KY | 7.5 mi | $1,580 | +$150 (+10%) |
| Hebron, KY | 7.8 mi | $1,670 | +$240 (+17%) |
| Independence, KY | 8.3 mi | $1,500 | +$70 (+5%) |
| Fort Wright, KY | 8.8 mi | $1,236 | $-194 (-14%) |
| Covington, KY | 10.2 mi | $1,200 | $-230 (-16%) |
| Newport, KY | 12.4 mi | $1,160 | $-270 (-19%) |
| Southgate, KY | 13.2 mi | $1,150 | $-280 (-20%) |
| Cold Spring, KY | 13.6 mi | $1,330 | $-100 (-7%) |
| Fort Thomas, KY | 14.8 mi | $1,290 | $-140 (-10%) |
| Dayton, KY | 15 mi | $1,190 | $-240 (-17%) |
| Cincinnati, OH | 15.2 mi | $1,283 | $-147 (-10%) |
2-Bedroom rent in Florence — common questions
How much is a 2-bedroom apartment in Florence?
As of July 2026, the median 2-bedroom apartment rent in Florence, Kentucky is $1,430 per month. This is +10% below the citywide median of $1,588.
What income do you need to afford a 2-bedroom in Florence?
Using the standard 30% rent-to-income rule, you would need an annual income of about $57,200 ($4,767/month gross), which works out to roughly $27.50/hour at a full-time job.
Is Florence expensive for a 2-bedroom compared to the rest of the US?
Florence's 2-bedroom median of $1,430 is +14% below the national 2-bedroom median of $1,655. It ranks in the 35th percentile of US cities tracked.
How does Florence rank for 2-bedroom rent in Kentucky?
Among the 39 cities in Kentucky with 2-bedroom data, Florence ranks #35 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Florence?
Yes — nearby cities with cheaper 2-bedroom rents include Erlanger ($1,300), Fort Wright ($1,236), Covington ($1,200).