Cheap Apartments for Rent in the Downtown Columbia Neighborhood of Columbia, MO from $600 (48 Rentals)

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

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.

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property at 400 Mimosa Ct

$1,000 - $1,350

1 To 2 Bedroom Rentals

Available Aug 1

400 Mimosa Ct

ColumbiaMO65201
property at 213 N Ann St

$1,075 - $1,900

1 Bedroom Rentals

Available Now

213 N Ann 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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Montmartre Apartments
$1,105 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,105 - $1,350
Total Monthly Price
$1,105 - $1,350
2 to 3 Bedroom Apartments Available Now

Montmartre Apartments

104 Clinkscales RdColumbia, MO 65203
Senior Living
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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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100-104 E Stewart Rd
1 to 2 Bedroom Apartments

100-104 E Stewart Rd

100-104 E Stewart RdColumbia, MO 65203
  • Utilities Included
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Deerfield Apartments
1 to 4 Bedroom Apartments

Deerfield Apartments

1516 Sylvan LnColumbia, MO 65202
  • Utilities Included

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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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
  • Smoke Free

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.

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Showing Results 1-48, 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 Crossing priced from $959. Stadium Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Downtown Columbia apartments for rent in Columbia, MO:

Apartment ListingModel NameBed/BathPriced From
Columbia Crossing2 Bedroom 1 Bath2BR,1BA$959
Stadium Apartments2 Bed - Standard2BR,1BA$995
WoodlakeW-C2BR,1BA$1,045
Montmartre Apartments2 BR / 1 BA2BR,1BA$1,105
Kitty Hawk ApartmentsModel2BR,2BA$1,195
Broadway Village ApartmentsModel2BR,1BA$1,295
Stephens Park ApartmentsPremium Two Bedroom Apartment Home2BR,1BA$1,400
Ashwood Apartments2x12BR,1BA$1,450
Columbia Square ApartmentsColumbia Square Two Bedroom (Affordable - Income G2BR,1BA$1,500
Boulder Springs ColumbiaDover2BR,2BA$1,696

Best Value Apartments for Rent in Downtown Columbia, MO

As of June 10, 2026 the best value apartment in the Downtown Columbia area is the $1.80 price per square foot North Light Luxury Lofts - East Floorplan - FUR... Model at Northlight Luxury Lofts in the in the Tiger Village Apartments neighborhood starting from $2,650. The second greatest value Downtown Columbia apartment is the Dover Model at Boulder Springs Columbia starting at $1,696 with a $1.49 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.
Northlight Luxury LoftsNorth Light Luxury Lofts - East Floorplan - FUR...2BR,2BA$1.80
Boulder Springs ColumbiaDover2BR,2BA$1.49
Broadway Village ApartmentsModel2BR,1BA$1.23
Kitty Hawk ApartmentsModel2BR,2BA$1.15
Columbia Crossing2 Bedroom 1 Bath2BR,1BA$1.00
Stephens Park ApartmentsPremium Two Bedroom Apartment Home2BR,1BA$1.56
Montmartre Apartments2 BR / 1 BA2BR,1BA$1.26
Ashwood Apartments2x12BR,1BA$1.67
WoodlakeW-C2BR,1BA$1.38
Stadium Apartments2 Bed - Standard2BR,1BA$1.36

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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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.

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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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Best Local Schools in
Downtown Columbia, Columbia, MO

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Columbia Apartments

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 5 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 $520 which is $1,155 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

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.