Studio Apartment Rent in Florence, KY
Median asking rent for a studio apartment in Florence, Kentucky as of July 2026. That's +38% lower than the citywide median of $1,588 and +24% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Florence
Compare Florence's median rent across every apartment size.
Cheapest cities for a studio in Kentucky
| # | City | Studio rent |
|---|---|---|
| 1 | Morehead | $630 |
| 2 | Corbin | $640 |
| 3 | Bardstown | $660 |
| 4 | Russellville | $660 |
| 5 | Paducah | $720 |
| 6 | Nicholasville | $730 |
| 7 | Paris | $730 |
| 8 | Versailles | $730 |
| 9 | Winchester | $730 |
| 10 | Richmond | $740 |
| 11 | Murray | $770 |
| 12 | Georgetown | $780 |
| 13 | Lawrenceburg | $780 |
| 14 | Southgate | $799 |
| 15 | Hopkinsville | $800 |
Most expensive cities for a studio in Kentucky
| # | City | Studio rent |
|---|---|---|
| 1 | Prospect | $1,510 |
| 2 | Hebron | $1,150 |
| 3 | Burlington | $1,080 |
| 4 | Louisville | $1,061 |
| 5 | Vine Grove | $1,060 |
| 6 | Independence | $1,030 |
| 7 | Florence (this page) | $980 |
| 8 | Shelbyville | $940 |
| 9 | Shepherdsville | $930 |
| 10 | Elizabethtown | $910 |
| 11 | Cold Spring | $910 |
| 12 | Oak Grove | $890 |
| 13 | Fort Thomas | $890 |
| 14 | Erlanger | $890 |
| 15 | Bowling Green | $890 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Florence.
| City | Distance | Studio rent | vs Florence |
|---|---|---|---|
| Erlanger, KY | 3.5 mi | $890 | $-90 (-9%) |
| Burlington, KY | 7.5 mi | $1,080 | +$100 (+10%) |
| Hebron, KY | 7.8 mi | $1,150 | +$170 (+17%) |
| Independence, KY | 8.3 mi | $1,030 | +$50 (+5%) |
| Covington, KY | 10.2 mi | $825 | $-155 (-16%) |
| Newport, KY | 12.4 mi | $800 | $-180 (-18%) |
| Southgate, KY | 13.2 mi | $799 | $-181 (-18%) |
| Cold Spring, KY | 13.6 mi | $910 | $-70 (-7%) |
| Fort Thomas, KY | 14.8 mi | $890 | $-90 (-9%) |
| Dayton, KY | 15 mi | $820 | $-160 (-16%) |
| Cincinnati, OH | 15.2 mi | $878 | $-102 (-10%) |
| Norwood, OH | 17.7 mi | $850 | $-130 (-13%) |
Studio rent in Florence — common questions
How much is a studio apartment in Florence?
As of July 2026, the median studio apartment rent in Florence, Kentucky is $980 per month. This is +38% below the citywide median of $1,588.
What income do you need to afford a studio in Florence?
Using the standard 30% rent-to-income rule, you would need an annual income of about $39,200 ($3,267/month gross), which works out to roughly $18.85/hour at a full-time job.
Is Florence expensive for a studio compared to the rest of the US?
Florence's studio median of $980 is +24% below the national studio median of $1,290. It ranks in the 26th percentile of US cities tracked.
How does Florence rank for studio rent in Kentucky?
Among the 38 cities in Kentucky with studio data, Florence ranks #32 from cheapest to most expensive.
Are there cheaper studio options near Florence?
Yes — nearby cities with cheaper studio rents include Erlanger ($890), Covington ($825), Newport ($800).