Cheap Apartments for Rent in the Old Shoe Factory District Columbia, MO from $650 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Shoe Factory District area of Columbia.

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.

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property at 400 Mimosa Ct
$1,000 - $1,275
1 To 2 Bedroom Rentals
Available Now
Affordability

400 Mimosa Ct

ColumbiaMO65201

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.

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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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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
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2941 Leeway Dr
2 Bedroom Apartments

2941 Leeway Dr

2941 Leeway DrColumbia, MO 65202

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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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
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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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Showing Results 1-42, Page 1 of 1

Old Shoe Factory District, Columbia, MO Local Guide

Cheapest Available Old Shoe Factory District Apartments for Rent

 

The cheapest available apartment rental in the Old Shoe Factory District area of Columbia, MO is a 1 Bed unit found at Benton Stephens Apartments priced from $800. The Domain at Columbia has the second lowest priced unit, which is a 4 Beds apartment currently listed from $809. Here are the most affordable Old Shoe Factory District apartments for rent in Columbia, MO:

Apartment ListingModel NameBed/BathPriced From
Benton Stephens Apartments1x11BR,1BA$800
The Domain at ColumbiaD1-HC4BR,4BA$809
BrooksideCambroda One4BR,4BA$899
Stadium ApartmentsThe Greenbriar2BR,1BA$995
WoodlakeW-A2BR,1BA$999
Parkway ApartmentsTier 2: Renovated Apartment2BR,1BA$1,030
Library Place Apartments2BR/1.0BA2BR,1BA$1,100
Frederick Building1 Bed/ 2 Bath - Female Roommate Matching2BR,2BA$1,195
Anthony Street Condos2BR/1.0BA2BR,1BA$1,200
Stephens Park ApartmentsDeluxe Two Bedroom Apartment Home2BR,1BA$1,295

Best Value Apartments for Rent in Old Shoe Factory District, MO

As of September 10, 2026 the best value apartment in the Old Shoe Factory District area is the $0.29 price per square foot 1x1 Model at 1513 Bouchelle Ave in the in the Downtown Columbia neighborhood starting from $850. The second greatest value Old Shoe Factory District apartment is the Townhomes Model at Cottage Grove starting at $1,450 with a $1.04 price per square foot in the Tiger Village Apartments neighborhood. Here is today’s list of the best values for Old Shoe Factory District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1513 Bouchelle Ave1x11BR,1BA$0.29
Cottage GroveTownhomes2BR,2.5BA$1.04
Lake Broadway TownhomesLake Broadway Townhomes2BR,2BA$1.19
Frederick Building1 Bed/ 2 Bath - Female Roommate Matching2BR,2BA$1.26
Anthony Street Condos2BR/1.0BA2BR,1BA$1.41
Library Place Apartments2BR/1.0BA2BR,1BA$1.38
WoodlakeW-A2BR,1BA$1.32
Parkway ApartmentsTier 2: Renovated Apartment2BR,1BA$1.37
Stadium ApartmentsThe Greenbriar2BR,1BA$1.36
Benton Stephens Apartments1x11BR,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.

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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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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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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
Old Shoe Factory District, Columbia, MO

Ranked #5

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Old Shoe Factory District, Columbia, MO

School data provided by Great Schools

Frequently Asked Questions about Cheap Old Shoe Factory District Apartments

What is the price of a cheap apartment in Old Shoe Factory District?

The cheapest apartment in Old Shoe Factory District is Benton Stephens Apartments which is listed at $800, while the average apartment in Old Shoe Factory District costs $1,229.

What types of apartments are the cheapest in Old Shoe Factory District?

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 40 regular apartments in Old Shoe Factory District 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 Old Shoe Factory District?

Cheap apartments in Old Shoe Factory District have an average cost of $348 which is $881 cheaper than the average rent for all rentals in Old Shoe Factory District.

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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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.

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.