Rent to own Homes in Florence, KY

The reason that Florence, KY developed is quite interesting. It happened to be the point where several different roads intersected, and some of the travelers reached that point and decided they were done moving and got to work creating what would eventually become Florence, KY. The city was originally dubbed Connersville after one of the founders, but was renamed when residents learned there was another town in Kentucky with the same name.

Florence, KY is a great place for affordable rent-to-own homes! With a median household income of over $60,018 and a median rent of $979, the Florence, KY rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Florence, KY. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Florence, KY rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
3076 PALMER PL
Rent To Own
Burlington
Townhouse/Condo
Burlington, KY 41005
3
4
1500 ft2
2014
4179 RIVER RD
Rent To Own
 
Single Family Home
Hebron, KY 41048
4
2
2908 ft2
1912
1204 GLENNA DR
Rent To Own
Central Delhi
Single Family Home
Cincinnati, OH 45238
2
2
1286 ft2
1950
3167 SUMMITRUN DR
Rent To Own
 
Single Family Home
Independence, KY 41051
4
3
1833 ft2
2004
1719 Holman St
Rent To Own
Peaselburg
Single Family Home
Covington, KY 41011
3
1
1524 ft2
1910
2132 GILBERT AVE
Rent To Own
Walnut Hills
Townhouse/Condo
Cincinnati, OH 45206
2
3
1244 ft2
1987
New
1 of 29 277 VAN VOAST AVE
Rent To Own
Bellevue
Single Family Home
Bellevue, KY 41073
2
2
1152 ft2
1880
353 Manhattan Blvd #2B
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
2
1620 ft2
Manhattan Blvd #K
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
6611 HEARNE RD #97
Rent To Own
Dent
Townhouse/Condo
Cincinnati, OH 45248
1
1
608 ft2
1976
New
Manhattan Blvd #E
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
New
Manhattan Blvd #C
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #N
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1600 ft2
Manhattan Blvd #A
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #B
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #I
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #J
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #H
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #M
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1600 ft2
Manhattan Blvd #G
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #D
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #F
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #L
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
1338 6TH AVE
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
2
1146 ft2
1920
2046 CLAUDIA CT
Rent To Own
Mount Washington
Single Family Home
Cincinnati, OH 45230
2
2
1014 ft2
1957
5506 STEWART AVE
Rent To Own
 
Single Family Home
Cincinnati, OH 45227
3
3
1206 ft2
1925
4916 JAMESON ST
Rent To Own
Madisonville
Single Family Home
Cincinnati, OH 45227
2
1
933 ft2
1899
5050 KUGLER MILL RD
Rent To Own
Kenwood
Single Family Home
Cincinnati, OH 45236
4
2
2241 ft2
1940
1649 TULEY RD
Rent To Own
 
Single Family Home
Fairfield Township, OH 45015
3
1
738 ft2
1948
10126 LINCOLN RD
Rent To Own
Camp Dennison
Single Family Home
Camp Dennison, OH 45111
3
1
1296 ft2
1977
2336 QUEEN MARY LN
Rent To Own
 
Single Family Home
Hamilton, OH 45013
3
3
1948 ft2
1961
1 of 25 7117 CLAWSON RIDGE CT
Rent To Own
 
Single Family Home
Liberty Twp, OH 45011
6
3
3068 ft2
1992
716 POPLAR ST
Rent To Own
East Hamilton
Single Family Home
Hamilton, OH 45011
3
1
1056 ft2
1920
Hot
1 of 32 3912 HOPE LN
Rent To Own
Erlanger
Single Family Home
Erlanger, KY 41018
4
3
1415 ft2
1966
97 BELMONT CT
Rent To Own
 
Single Family Home
Florence, KY 41042
3
3
1690 ft2
1999
Hot
1 of 36 1295 FARMCREST DR
Rent To Own
Union
Single Family Home
Union, KY 41091
3
3
2337 ft2
2003
Hot
1 of 44 1008 HACKNEY CT
Rent To Own
 
Multifamily (2 - 4 Units)
Florence, KY 41042
2
4
1320 ft2
1990
Hot
1 of 54 1869 ARBOR SPRINGS BLVD
Rent To Own
Union
Single Family Home
Union, KY 41091
4
3
3850 ft2
2008
Hot
1 of 29 648 BEDINGER ST
Rent To Own
Elsmere
Single Family Home
Elsmere, KY 41018
2
1
1092 ft2
1910
Hot
1 of 11 2606 ROYAL CT
Rent To Own
Burlington
Single Family Home
Burlington, KY 41005
4
3
2363 ft2
2016
Hot
6964 GORDON BLVD
Rent To Own
 
Single Family Home
Burlington, KY 41005
3
3
1508 ft2
2004
1 of 49 11011 ARCARO LN
Rent To Own
 
Single Family Home
Union, KY 41091
3
3
3500 ft2
2004
1 of 10 3086 ARBOR DR
Rent To Own
Plus Heights
Single Family Home
Edgewood, KY 41017
4
3
2926 ft2
1985
1 of 4 3388 Northway Drive
Rent To Own
Erlanger
Multifamily (2 - 4 Units)
Erlanger, KY 41018
4
3
0 ft2
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Buying a Home in Florence, KY

Florence, KY is seeing rapid growth and Florence, KY's' housing market remains optimal with an average home price that is -29% below the 2024 national average. Florence, KY is part of Boone county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Boone is 0.86% which is below the national average, which is 0.99%.

Median Home Price in Florence, KY

Median Rent in Florence, KY

Rent to own homes offer low monthly payments and flexible terms.

Top 5 Reasons to Live in Florence, KY

There's always something to do! Even you're hard pressed to find something to do in your new Kentucky home town on a particular day, you won't have to travel far for some excitement. Cincinnati is a mere 12 miles away and once you reach that town you can enjoy all sorts of activities including visit a zoo, several museums, or the Newport Aquarium.

Enjoy some great horse racing! The state of Kentucky was built on the speed and power of the Thoroughbred race horse. While the track isn't as large as Churchill Downs, it still attracts some very nice horses. The nice thing about it being a smaller track is you can get up close to the action.

Lots of homes for sale! Florence KY currently has a vacancy rate of 13.8%. One reason for the vacancy rate is because more houses have been put up for sale recently. The other reason has to do with many of the homeowners own vacation homes in the area.

Short Commutes! Most Florence KY residents live very close to the place where they're employed. It's estimated that residents only drive an average of 15 minutes to reach their place of employment.

Lot's of housing options available! When it comes to choosing a house for sale or apartment to rent in Florence, most people don't have any trouble finding a location that perfectly suits their needs. At any given time there are studio rentals, high rise apartments, and 3-4 bedroom homes in need of occupants. The neighborhoods in Florence tend to be older, and were created between 1940 and 1969, however newer houses have been added to these neighborhoods.

Low crime rate! Florence is considered a very safe place to live. Its current crime rate is only 2.89%, which is well below the national average of 3.9%.