Cheap Apartments for Rent in the Downtown Columbia Neighborhood of Columbia, MO from $400 (36 Rentals)

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

property at 1515 Bouchelle Ave

1515 Bouchelle Ave

ColumbiaMO65201
property at 1319 Paris Rd

1319 Paris Rd

ColumbiaMO65201
property at 1309 Windsor St

1309 Windsor St

ColumbiaMO65201

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.

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property at 1111 E Walnut St

1111 E Walnut St

ColumbiaMO65201
property at 1107 E Walnut St

1107 E Walnut St

ColumbiaMO65201

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 110 Dorsey St

110 Dorsey St

ColumbiaMO65201
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Deerfield Apartments
1 to 4 Bedroom Apartments

Deerfield Apartments

1516 Sylvan LnColumbia, MO 65202
  • Utilities Included
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100-104 E Stewart Rd
1 to 2 Bedroom Apartments

100-104 E Stewart Rd

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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Stonegate Cottages
3 to 4 Bedroom Apartments

Stonegate Cottages

201 West Blvd NColumbia, MO 65203
  • Utilities Included
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917 Alley A
1 to 3 Bedroom Apartments

917 Alley A

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

1012 E Broadway

1012 E BroadwayColumbia, MO 65201
  • Utilities Included
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-36, Page 1 of 1

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 Woodlake priced from $891. Stadium Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here are the most affordable Downtown Columbia apartments for rent in Columbia, MO:

Apartment ListingModel NameBed/BathPriced From
WoodlakeW-C2BR,1BA$891
Stadium Apartments2 Bed - Standard2BR,1BA$900
Columbia Crossing2 Bedroom 1 Bath2BR,1BA$947
Library Place Apartments2BR/1.0BA2BR,1BA$1,000
Ashwood Apartments2x12BR,1BA$1,300
Broadway Village ApartmentsHawthorn, TIER 2, Carport, 2x1, 950 sqft2BR,1BA$1,300
Boulder Springs ColumbiaAspen Creek1BR,1BA$1,366

Best Value Apartments for Rent in Downtown Columbia, MO

As of November 27, 2025 the best value apartment in the Downtown Columbia area is the $1.25 price per square foot Stainless Steel 2 Bedroom 2 Bath, Full Hardwood... Model at Lake Broadway Townhomes in the in the Tiger Village Apartments neighborhood starting from $1,495. The second greatest value Downtown Columbia apartment is the 113 W Ash St Model at 113 W Ash St, Unit A starting at $1,350 with a $1.23 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.
Lake Broadway TownhomesStainless Steel 2 Bedroom 2 Bath, Full Hardwood...2BR,2BA$1.25
113 W Ash St, Unit A113 W Ash St3BR,2BA$1.23
Columbia Crossing2 Bedroom 1 Bath2BR,1BA$0.99
1648 Towne Dr, Unit E1648 Towne Dr2BR,1BA$0.84
Broadway Village ApartmentsHawthorn, TIER 2, Carport, 2x1, 950 sqft2BR,1BA$1.37
1205 Paquin St, Unit 1021205 Paquin St2BR,1BA$1.11
Ashwood Apartments2x12BR,1BA$1.49
Library Place Apartments2BR/1.0BA2BR,1BA$1.25
WoodlakeW-A2BR,1BA$1.23
Stadium Apartments2 Bed - Standard2BR,1BA$1.23

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Pet Friendly Lifestyle
Downtown Columbia, Columbia, MO

Ranked #4

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Downtown Columbia, Columbia, MO

School data provided by Great Schools

Getting Around the Downtown Columbia Neighborhood in Columbia, MO

Walk Score®

97 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Boulder Springs Columbia which is listed at $1,366, while the average apartment in Downtown Columbia costs $5,200.

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 3 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 $284 which is $4,916 cheaper than the average rent for all rentals in Downtown Columbia.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.