
Cheap Homes for Rent in the Downtown Columbia Neighborhood of Columbia, MO from $850 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Columbia area of Columbia.


2912 Mexico Gravel Rd

113 W Ash St, Unit B

2905 N Willowbrook Rd

507 Banks Ave
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.

1006 Jefferson St

207 Dorsey St

114 Oak St

719 Mikel St

2800 Mexico Gravel Rd
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.

801 Hardin St
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 | $1,785 | $950 | $2,500 |
| Downtown Columbia 3 Bedroom Homes for Rent | $2,108 | $1,000 | $3,900 |
| Downtown Columbia 4 Bedroom Homes for Rent | $2,343 | $1,550 | $3,200 |
| Downtown Columbia 5 Bedroom Homes for Rent | $3,100 | $3,000 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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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Best Value Homes for Rent in Downtown Columbia, MO
As of September 23, 2026 the best value rental home in the Downtown Columbia area is the $1.10 price per square foot 2416 Boulder Springs Dr Model at 2416 Boulder Springs Dr in the Downtown Columbia neighborhood starting from $2,800. The second greatest value Downtown Columbia rental home is the 2508 Boulder Springs Ct Model at 2508 Boulder Springs Ct in the Downtown Columbia neighborhood starting at $2,450 with a $1.36 price per square foot. Here is today’s list of the best values for Downtown Columbia homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2416 Boulder Springs Dr | 2416 Boulder Springs Dr | 4BR, 3BA | $1.10 |
| 2508 Boulder Springs Ct | 2508 Boulder Springs Ct | 2BR, 2BA | $1.36 |
| 2205 Country Club Dr | 2205 Country Club Dr | 3BR, 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.
Read ArticleNavigating 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.
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
Ulysses S. Grant Elementary School
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 96 Apartments for Rent in Downtown Columbia, MO with pricing that ranges from $650 to $2,695. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Columbia ranging from $950 to $3,900.
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 $950 to $3,900 with an average monthly rent of $2,107.
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 $721 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $685.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.