Rents are 2% above what Florence's 10-year trend predicts — running hotter than its own history.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,462 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
Is your rent fair?
Compare your rent to the local median.
Who lives here
Florence, SC is majority owner-occupied, has a median income below the national average, 30.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Florence, SC has changed in 5 years
Since 2021, the typical rent in Florence, SC has climbed from $1,003 to $1,462, a 45.8% change over five years. Household income in the area moved from $52,425 to $56,143 across the same window, up 7.1% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.5% since 2021, moving from about 39,816 residents to roughly 40,408. Reading these numbers side by side helps frame whether current listings in Florence, SC look reasonable against where the market sat half a decade ago.
Discussions about Florence
No discussions yet. Start the conversation.
Can you afford rent in Florence on your salary?
At $1,462/mo, how Florence rent compares to typical pay (30% rule).
Florence rent by bedroom count
Median rent for each apartment size in Florence. Click any size for full breakdown.
Tips for renters in Florence
Last updated: August 17, 2026
The median rent in Florence is $1,462/mo as of August 2026. A studio apartment averages $913/mo while a 2-bedroom runs $1,133/mo. One-bedroom apartments average $913/mo and 3-bedroom units go for $1,447/mo.
At 31% of local median household income ($56,143/yr), Florence ranks as moderate compared to the national benchmark of 30%. Rents have increased 17.0% over the past year.
Frequently asked questions
Is Florence an affordable city for renters?
How much income do you need to rent in Florence?
Is rent going up or down in Florence?
Which Florence neighborhoods have the lowest rent?
How does Florence rent compare to other cities in South Carolina?
Which nearby cities are cheaper to rent in than Florence?
What percentage of Florence residents rent vs. own?
How does Florence rent compare to the national average?
At $1,462/mo, rent takes ~31% of Florence's median household income ($56,143/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Florence.
No discussions yet.
