
Cheap Homes for Rent in Downtown Columbia Neighborhood of Columbia, MO from $900 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Columbia area of Columbia.


1003 Hardin St

805 Jewell Ave

507 Columbia Dr

500 Columbia Dr
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.

309 Alexander Ave

1008 Otto Ct

2417 Quail Dr, Unit B

1103 Jefferson St

203 E Sexton Rd
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.

1015 Duke St

104 Clinkscales Rd, Unit 500

104 Clinkscales Rd, Unit 612

210 Highview Ave

17 3rd Ave
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.

1938 Jackson St

506 Noble Ct
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 | $1,320 | $1,100 | $1,750 |
| Downtown Columbia 3 Bedroom Homes for Rent | $2,000 | $1,300 | $2,950 |
| Downtown Columbia 4 Bedroom Homes for Rent | $1,940 | $1,550 | $2,800 |
| Downtown Columbia 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
| Downtown Columbia 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 17 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 Stadium Apartments priced from $975. Woodlake has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,005. Here are the most affordable Downtown Columbia apartments for rent in Columbia, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stadium Apartments | 2 Bed - Standard | 2BR,1BA | $975 |
| Woodlake | W-A | 2BR,1BA | $1,005 |
| Montmartre Apartments | 1BR / 1 BA | 1BR,1BA | $1,055 |
| Broadway Village Apartments | Model | 2BR,1BA | $1,295 |
| Stephens Park Apartments | Premium Two Bedroom Apartment Home | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Downtown Columbia, MO
As of June 23, 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 North Light Luxury Lofts in the in the Tiger Village Apartments neighborhood starting from $2,650. The second greatest value Downtown Columbia apartment is the 1208 Paquin St Model at 1208 Paquin St, Unit 6 or 9 month 1208 Paquin East Campus starting at $3,000 with a $2.11 price per square foot in the Downtown 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. |
|---|---|---|---|
| North Light Luxury Lofts | North Light Luxury Lofts - East Floorplan - FUR... | 2BR,2BA | $1.80 |
| 1208 Paquin St, Unit 6 or 9 month 1208 Paquin East Campus | 1208 Paquin St | 4BR,2BA | $2.11 |
| Broadway Village Apartments | Model | 2BR,1BA | $1.23 |
| Columbia Square Apartments | Columbia Square Three Bedroom (Affordable - Income | 3BR,1.5BA | $3.69 |
| Stephens Park Apartments | Premium Two Bedroom Apartment Home | 2BR,1BA | $1.56 |
| Ashwood Apartments | 2x1 | 2BR,1BA | $1.67 |
| 101 Pinewood Dr, Unit Pinewood | 101 Pinewood Dr | 2BR,1BA | $1.24 |
| Woodlake | W-C | 2BR,1BA | $1.37 |
| Stadium Apartments | 2 Bed - Standard | 2BR,1BA | $1.34 |
| Montmartre Apartments | 1BR / 1 BA | 1BR,1BA | $1.51 |
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 95 Apartments for Rent in Downtown Columbia, MO with pricing that ranges from $650 to $3,787. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Columbia ranging from $950 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 $950 to $6,500 with an average monthly rent of $2,622.
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 $2,950. Four Bedroom Single-Family rentals are also available starting from $1,550 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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.

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.