
Cheap Homes for Rent in Columbia, IL from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Columbia.


117 S 4th St

318 Levin Dr

207 Waller Ave

262 St John Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1901 Doris Ave

1713 Loretta Ave

70 W Adams Dr

127 E Holden Ave

1 Dora Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Columbia, IL Local Guide

How much does it cost to rent a home in Columbia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Columbia 2 Bedroom Homes for Rent | $1,138 | $699 | $1,310 |
| Columbia 3 Bedroom Homes for Rent | $1,452 | $1,095 | $2,000 |
| Columbia 4 Bedroom Homes for Rent | $1,573 | $1,320 | $2,540 |
| Columbia 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Top Homes for Rent in Columbia
Explore Columbia
Columbia, IL Local Guide
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Cheapest Available Columbia Apartments for Rent and Nearby
 The cheapest available apartment rental in Columbia, IL is a 1 Bed unit found at Cottonwood Village in the Marina Villa neighborhood priced from $695. Taravue Park Apartments in the Green Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here is today’s list of the most affordable Columbia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottonwood Village | 1 Bed, 1 bath | 1BR,1BA | $695 |
| Taravue Park Apartments | Cumberland | Studio,1BA | $710 |
| Chapel View Apartments | Studio | Studio,1BA | $750 |
Best Value Apartments for Rent in Columbia, IL and Nearby
As of May 22, 2026 the best value apartment in the Columbia area is the $1.24 price per square foot B9 Model at Lyon Apartments in the in the Princeton Heights neighborhood starting from $1,276. The second greatest value Columbia apartment is the Willmore Model at Parkshire Apartments starting at $1,095 with a $1.17 price per square foot in the St. Louis Hills neighborhood. Here is today’s list of the best values for Columbia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lyon Apartments | B9 | 2BR,2BA | $1.24 |
| Parkshire Apartments | Willmore | 2BR,1BA | $1.17 |
| 6010 S Kingshighway Blvd | 2BR/1.0BA | 1BR,1BA | $1.14 |
| Black Forest Apartments | Two Bedroom | 2BR,1BA | $1.25 |
| Tuscany Village Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.25 |
| Greenway Trail Apartments | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $1.27 |
| 4528 Nebraska Apartments LLC | 1BR/1.0BA | 1BR,1BA | $1.19 |
| 229 W Steins St | 1 bed | 1BR,1BA | $1.09 |
| Jefferson Townhomes | One Bedroom Garden | 1BR,1BA | $1.30 |
| Cottonwood Village | 1 Bed, 1 bath | 1BR,1BA | $1.24 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleLocal Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the St. Louis, MO metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Columbia, IL
Parkview Elementary School
Columbia High School
Columbia Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Columbia, IL Rentals by Map
See the most popular apartments and homes in Columbia, IL
Frequently Asked Questions about Columbia
What type of rentals are currently available in Columbia?
There are currently 55 Apartments for Rent in Columbia, IL with pricing that ranges from $695 to $2,379. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Columbia ranging from $650 to $2,540.
What is the current price range for Rental Homes in Columbia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Columbia ranges from $650 to $2,540 with an average monthly rent of $1,352.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis
Written by: Taryn Shorr-Mckee
I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis
Written by: Taryn Shorr-Mckee
Finding the right neighborhood to rent near your St. Louis college or university isn’t just about convenience.

St. Louis Living: Your Local Experts Guide to Neighborhoods and Renting
Written by: Taryn Shorr-Mckee
St. Louis is a historic city of neighborhoods — nearly 80 of them — each with its own personality, rhythm, and everyday comforts.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.