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Studio Apartments for Rent in Florence, SC

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  • /35

    Starting at $595 Per Month

    • Studio - 2 Beds

    718 S Dargan St, Florence, SC 29506

    Welcome to The Ridges at Florence, located in historic downtown Florence, South Carolina. We are placed in close proximity to the local universities, shopping, entertainment and medical centers! Florence is known as a contemporary Southern Belle of a city and is the county seat of Florence County. The area forms the core of the historical "Pee Dee" region of South Carolina, which includes the

    The Ridges at Florence

    (854) 204-2998

    718 S Dargan St, Florence, SC 29506
  • /22

    Starting at $755 Per Month

    • Studio - 3 Beds

    4711 Patriot Ln, Florence, SC 29506

    Conveniently located on the beautiful East side of Florence across the street from Francis Marion University and only minutes away from the Florence Regional Airport, the Patriot Place Apartments have it all! Patriot Place has spacious one, two and three bedroom apartments. Outside, we invite you to float in the sparkling pool. Inside, our units boast ceiling fans and carpeted bedrooms. Our

    Patriot Place Apartments

    (854) 333-4230

    4711 Patriot Ln, Florence, SC 29506

Why Live in Florence

Florence's cultural scene centers around the Francis Marion University Performing Arts Center, which hosts major concerts and theatrical productions, while the Florence Little Theatre showcases local talent through classic and contemporary plays. Outdoor recreation thrives along the 13-mile Florence Rail Trail and at Lynches River County Park, where residents enjoy kayaking, hiking, and an Environmental Discovery Center. The downtown area features Julia Belle's Restaurant, known for its Blue-Plate Specials and White Russian Pecan Pie, alongside Victor's upscale dining with craft cocktails and outdoor seating at James Allen Plaza.

The Florence housing market presents diverse options across distinct neighborhoods. The median sale price in Florence is $255,000, with single family homes in Forest Hills commanding a median price of $545,000 and Windsor Forest at $612,000. More affordable options exist in Highland Park with a median price of $221,500 and Timrod Park at $186,500. Townhomes throughout Florence have a median price of $154,500, while two bedroom condos typically list at a median of $128,500.

Property taxes in Florence County maintain a 0.44% effective rate, while the combined sales tax rate is 7.50%. The city's educational landscape includes highly rated public schools such as Lucy T. Davis Elementary and West Florence High School, both rated A minus by Niche. St. Anthony Catholic School, rated A plus, serves the Windsor Forest and Green Acres areas. Major employers include McLeod Health, MUSC Health Florence Medical Center, and Honda of South Carolina. The city's location at the intersection of I-20 and I-95 provides convenient access to Myrtle Beach, 70 miles east, and Columbia, 80 miles west.

Frequently Asked Questions

How much does it cost to rent a home in Florence, SC?
The median rent for a home in Florence, SC is $1,250 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Florence, SC?
To comfortably afford the median rent in Florence, SC, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in Florence, SC, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Florence, SC?
In Florence, SC, the price-to-rent ratio is 15.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Florence, SC

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,250
Median Single Family Home Rent
$1,400
Median Townhouse Rent
$1,275
Median Condo Rent
$1,025
How to Rent a Home