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.

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 801 N Ann St

801 N Ann St

ColumbiaMO65201
property at 213 N Ann St

213 N Ann St

ColumbiaMO65201

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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Deerfield Apartments
1 Bedroom Apartments

Deerfield Apartments

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

100-104 E Stewart Rd

100-104 E Stewart RdColumbia, MO 65203
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Stonegate Cottages
3 to 4 Bedroom Apartments

Stonegate Cottages

201 West Blvd NColumbia, MO 65203
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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917 Alley A
2 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
  • Smoke Free

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Columbia Square Townhome Apartments priced from $510. Woodlake has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here are the most affordable Downtown Columbia apartments for rent in Columbia, MO:

Apartment ListingModel NameBed/BathPriced From
Columbia Square Townhome Apartments2x12BR,1BA$510
WoodlakeW-A2BR,1BA$899
Stadium ApartmentsThe Greenbriar2BR,1BA$925
Columbia Crossing2 Bedroom2BR,1BA$976
Stephens Park ApartmentsDeluxe 1 Bedroom Apartment Home1BR,1BA$995
Broadway Village ApartmentsModel2BR,1BA$1,095
Ashwood Apartments2x12BR,1BA$1,300
Lake Broadway TownhomesFurnished 2 Bedroom 2 Bath2BR,2BA$1,400
Manor Homes3BR/1.0BA3BR,1BA$1,500

Best Value Apartments for Rent in Downtown Columbia, MO

As of June 07, 2025 the best value apartment in the Downtown Columbia area is the $1.38 price per square foot 905 Alley A Model at 905 Alley A, Unit Unit101 in the in the Downtown Columbia neighborhood starting from $2,000. The second greatest value Downtown Columbia apartment is the Furnished 2 Bedroom 2 Bath Model at Lake Broadway Townhomes starting at $1,400 with a $1.17 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.
905 Alley A, Unit Unit101905 Alley A2BR,2BA$1.38
Lake Broadway TownhomesFurnished 2 Bedroom 2 Bath2BR,2BA$1.17
Manor Homes3BR/1.0BA3BR,1BA$1.28
Broadway Village ApartmentsModel2BR,1BA$1.04
Columbia Crossing2 Bedroom2BR,1BA$1.02
Stephens Park ApartmentsPremium 2 Bedroom Apartment Home2BR,1BA$1.44
Ashwood Apartments2x12BR,1BA$1.49
WoodlakeW-C2BR,1BA$1.24
223 N 9th St, Unit 2 bedroom223 N 9th St2BR,2BA$1.53
Stadium ApartmentsThe Greenbriar2BR,1BA$1.27

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 #1

Among neighborhoods in Columbia, MO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
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

How much is rent for a Cheap One Bedroom Downtown Columbia Apartment?

The lowest price for a Cheap One Bedroom Downtown Columbia Apartment is $995 at Stephens Park Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Columbia Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Columbia is starting from $510 at Columbia Square Townhome Apartments.

What is the most affordable Downtown Columbia Three Bedroom Apartment?

The best deal on a cheap Downtown Columbia Three Bedroom Apartment rental is at Manor Homes and starts from $1,500.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.