Cheap Apartments for Rent in the Downtown Columbia Neighborhood of Columbia, MO from $600 (58 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Columbia area of Columbia.

property at 1804 Sunrise Dr

$825 - $1,150

1 To 3 Bedroom Rentals

Available Aug 14

1804 Sunrise Dr

ColumbiaMO65201

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 400 Mimosa Ct

$1,000 - $1,350

1 To 2 Bedroom Rentals

Available Aug 1

400 Mimosa Ct

ColumbiaMO65201
close
View Me
Montmartre Apartments
$1,005 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,005 - $1,350
Total Monthly Price
$1,005 - $1,350
1 to 3 Bedroom Apartments Available Now

Montmartre Apartments

104 Clinkscales RdColumbia, MO 65203
Senior Living
  • Verified
  • Utilities Included
  • 3D Tour
property at 213 N Ann St

$1,075

1 Bedroom Rentals

Available Jul 30

213 N Ann St

ColumbiaMO65201

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
property at 1102 Range Line St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

1102 Range Line St

ColumbiaMO65201
property at 506 Noble Ct

$1,330

Total Monthly Price

Total Monthly Price

Base Rent
$1,330
Total Monthly Price
$1,330

3 Bedroom, 1.5 Bath Home for Rent

Available Now

506 Noble Ct

ColumbiaMO65203
property at 307 Saint Joseph St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

307 Saint Joseph St, Unit A

307 Saint Joseph St
ColumbiaMO65201
close
View Me
100-104 E Stewart Rd
1 to 2 Bedroom Apartments

100-104 E Stewart Rd

100-104 E Stewart RdColumbia, MO 65203
  • Utilities Included

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.

Read Article
close
View Me
Deerfield Apartments
1 to 4 Bedroom Apartments

Deerfield Apartments

1516 Sylvan LnColumbia, MO 65202
  • Utilities Included
close
View Me
917 Alley A
1 to 3 Bedroom Apartments

917 Alley A

917 Alley AColumbia, MO 65201
close
View Me
1012 E Broadway
1 to 3 Bedroom Apartments

1012 E Broadway

1012 E BroadwayColumbia, MO 65201
  • Utilities Included
  • Smoke Free

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.

Read Article
Showing Results 1-50, Page 1 of 2

Downtown Columbia, Columbia, MO Local Guide

Cheapest Available Downtown Columbia Apartments for Rent

 

The cheapest available apartment rental in the Downtown Columbia area of Columbia, MO is a 2 Beds unit found at Stadium Apartments priced from $970. Montmartre Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here are the most affordable Downtown Columbia apartments for rent in Columbia, MO:

Apartment ListingModel NameBed/BathPriced From
Stadium ApartmentsThe Greenbriar2BR,1BA$970
Montmartre Apartments1BR / 1 BA1BR,1BA$1,005
WoodlakeW-C2BR,1BA$1,046
Manor Homes2BR/1.0BA2BR,1BA$1,250
Ashwood Apartments2x12BR,1BA$1,450
Cottage GroveTownhomes2BR,2BA$1,450
Broadway Village ApartmentsModel2BR,1BA$1,450
Columbia Square ApartmentsColumbia Square Two Bedroom (Affordable - Income G2BR,1BA$1,500
Boulder Springs ColumbiaBreckenridge2BR,2BA$1,694
1512 Gary StHome2BR,1BA$1,750

Best Value Apartments for Rent in Downtown Columbia, MO

As of July 25, 2026 the best value apartment in the Downtown Columbia area is the $1.63 price per square foot North Light Luxury Lofts - East Floorplan - Model at North Light Luxury Lofts in the in the Downtown Columbia neighborhood starting from $2,400. The second greatest value Downtown Columbia apartment is the Townhomes Model at Cottage Grove starting at $1,450 with a $1.04 price per square foot in the Tiger Village Apartments neighborhood. Here is today’s list of the best values for Downtown Columbia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
North Light Luxury LoftsNorth Light Luxury Lofts - East Floorplan -2BR,2BA$1.63
Cottage GroveTownhomes2BR,2.5BA$1.04
1512 Gary StHome2BR,1BA$1.45
Manor Homes2BR/1.0BA2BR,1BA$1.09
Boulder Springs ColumbiaBreckenridge2BR,2BA$1.55
Broadway Village ApartmentsModel2BR,1BA$1.38
Ashwood Apartments2x12BR,1BA$1.67
WoodlakeW-A2BR,1BA$1.32
Stadium ApartmentsThe Greenbriar2BR,1BA$1.33
Montmartre Apartments1BR / 1 BA1BR,1BA$1.44

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Downtown Columbia, Columbia, MO

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Columbia Apartments

What is the price of a cheap apartment in Downtown Columbia?

The cheapest apartment in Downtown Columbia is Montmartre Apartments which is listed at $1,005, while the average apartment in Downtown Columbia costs $1,425.

What types of apartments are the cheapest in Downtown Columbia?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Downtown Columbia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Columbia?

Cheap apartments in Downtown Columbia have an average cost of $454 which is $971 cheaper than the average rent for all rentals in Downtown Columbia.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.