
Cheap Homes for Rent in Downtown Columbia Neighborhood of Columbia, MO from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Columbia area of Columbia.


502 Columbia Dr

2910 Mexico Gravel Rd

1003 Hardin St

1511 Sylvan Ln

813 Wilkes Blvd
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.

500 Columbia Dr

2821 Mexico Gravel Rd, Unit 1

1008 Otto Ct

2417 Quail Dr, Unit B

2417 Quail Dr, Unit C

1103 Jefferson St
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.

503 Columbia Dr
Downtown Columbia, Columbia, MO Local Guide

How much does it cost to rent a home in Downtown Columbia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Columbia 2 Bedroom Homes for Rent | $1,302 | $900 | $1,750 |
| Downtown Columbia 3 Bedroom Homes for Rent | $1,985 | $1,300 | $3,000 |
| Downtown Columbia 4 Bedroom Homes for Rent | $1,964 | $800 | $3,200 |
| Downtown Columbia 5 Bedroom Homes for Rent | $2,147 | $1,895 | $2,400 |
| Downtown Columbia 6 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Columbia Neighborhood of Columbia, MO.
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Downtown Columbia, Columbia, MO Local Guide
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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 $861. Columbia Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $871. Here are the most affordable Downtown Columbia apartments for rent in Columbia, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodlake | W-C | 2BR,1BA | $861 |
| Columbia Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $871 |
| Stadium Apartments | 2 Bed - Large | 2BR,1BA | $1,015 |
| Library Place Apartments | 2BR/1.0BA | 2BR,1BA | $1,100 |
| Parkway Apartments | Tier 3 | 2BR,1BA | $1,125 |
Best Value Apartments for Rent in Downtown Columbia, MO
As of May 09, 2026 the best value apartment in the Downtown Columbia area is the $1.09 price per square foot 3BR/2.5BA Model at Manor Homes in the in the The Links of Columbia neighborhood starting from $1,900. The second greatest value Downtown Columbia apartment is the Hawthorn, TIER 2, Carport, 2x1, 950 sqft Model at Broadway Village Apartments starting at $1,270 with a $1.34 price per square foot in the The Links of Columbia neighborhood. Here is today’s list of the best values for Downtown Columbia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Manor Homes | 3BR/2.5BA | 3BR,2.5BA | $1.09 |
| Broadway Village Apartments | Hawthorn, TIER 2, Carport, 2x1, 950 sqft | 2BR,1BA | $1.34 |
| Kitty Hawk Apartments | Beaufort, 2 Bed x 1 Bath, 920 sqft, Tier 1 | 2BR,1BA | $1.30 |
| Stephens Park Apartments | Premium Two Bedroom Apartment Home | 2BR,1BA | $1.56 |
| Stadium Apartments | 2 Bed - Large | 2BR,1BA | $1.15 |
| Ashwood Apartments | 2x1 | 2BR,1BA | $1.67 |
| Library Place Apartments | 2BR/1.0BA | 2BR,1BA | $1.38 |
| Woodlake | W-C | 2BR,1BA | $1.14 |
| Parkway Apartments | Tier 3 | 2BR,1BA | $1.50 |
| Columbia Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $1.28 |
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 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 Downtown Columbia, Columbia, MO
School data provided by Great Schools
Frequently Asked Questions about Downtown Columbia
What type of rentals are currently available in Downtown Columbia?
There are currently 101 Apartments for Rent in Downtown Columbia, MO with pricing that ranges from $650 to $3,787. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Columbia ranging from $800 to $6,500.
What is the current price range for Rental Homes in Downtown Columbia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Columbia ranges from $800 to $6,500 with an average monthly rent of $2,660.
How much are larger Three and Four Bedroom Rentals in Downtown Columbia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Columbia range from $879 to $3,787, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $710.
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

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.