Cheap Apartments for Rent in the Arsenal Hill Neighborhood of Columbia, SC from $700 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Arsenal Hill 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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The Palms on Main
Rent Specials
$1,242 - $2,371
Total Monthly Price

Total Monthly Price

Base Rent
$1,242 - $2,371
Total Monthly Price
$1,242 - $2,371
1 to 2 Bedroom Apartments Available Now

The Palms on Main

1155 Lady StColumbia, SC 29201
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Elmwood Lofts
Studio to 2 Bedroom Apartments

Elmwood Lofts

1003 Elmwood AveColumbia, SC 29201
Senior Living
  • Utilities Included
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Benton Crossing
1 to 3 Bedroom Apartments

Benton Crossing

2617 River DrColumbia, SC 29201
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Berry Building
Studio to 3 Bedroom Apartments

Berry Building

1600-1608 Main StColumbia, SC 29201

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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Kress Building
Studio to 2 Bedroom Apartments

Kress Building

1502 Main StColumbia, SC 29201
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Senate Club
2 to 3 Bedroom Apartments

Senate Club

1018-1020 Marion StColumbia, SC 29201
  • Utilities Included
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Tapp's Building
1 to 2 Bedroom Apartments

Tapp's Building

1644 Main StColumbia, SC 29201

Local Expert's Top 8: Affordable Columbia, SC Neighborhoods for Quality Living

Moving to Columbia, SC? Explore 8 affordable neighborhoods to rent that are known for strong schools, convenient shopping, and easy access to local natural highlights like Lake Murray.

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Showing Results 1-33, Page 1 of 1

Arsenal Hill, Columbia, SC Local Guide

Cheapest Available Arsenal Hill Apartments for Rent

 

The cheapest available apartment rental in the Arsenal Hill area of Columbia, SC is a Studio unit found at The Dylan priced from $750. Cornell Arms Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Arsenal Hill apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
The DylanB50Studio,1BA$750
Cornell Arms ApartmentsStudio One BedroomStudio,1BA$950
Berry BuildingBarringer: StudioStudio,1BA$1,010
Main Street LivingBarringer: StudioStudio,1BA$1,010
Lofts at Lourie's1 bedroom 1 bath1BR,1BA$1,032
Hub Columbia4x34BR,3BA$1,070
1321 Lofts1 Bedroom 1 Bath1BR,1BA$1,113
Elmwood Lofts1 Bedroom 1 Bathroom1BR,1BA$1,200
The Carolinian2 Bedroom 1 Bath2BR,1BA$1,250
Senate PlazaStudioStudio,1BA$1,350

Best Value Apartments for Rent in Arsenal Hill, SC

As of April 23, 2026 the best value apartment in the Arsenal Hill area is the $0.90 price per square foot 4x4 Oasis Model at Hub Columbia in the in the Waverly neighborhood starting from $1,260. The second greatest value Arsenal Hill apartment is the Cayce Model at Vista Lofts starting at $1,932 with a $1.65 price per square foot in the Eva P. Trezevant neighborhood. Here is today’s list of the best values for Arsenal Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hub Columbia4x4 Oasis4BR,4BA$0.90
Vista LoftsCayce2BR,2BA$1.65
Tapp's BuildingTapp`s: 2 Bedroom2BR,1BA$1.57
Lofts at Lourie's2 bedroom 1 bath2BR,1BA$1.91
Kress BuildingKress: 1 Bedroom1BR,1BA$1.63
Elmwood Lofts1 Bedroom 1 Bathroom1BR,1BA$1.37
The Land Bank Loft ApartmentsThe Taylor1BR,1BA$1.84
Canalside LoftsCalhoun2BR,2BA$1.85
The Carolinian2 Bedroom 1 Bath2BR,1BA$1.67
Berry BuildingBarringer: StudioStudio ,1BA$2.10

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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
Arsenal Hill, Columbia, SC

Ranked #21

Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Arsenal Hill Apartments

What is a cheap apartment in Arsenal Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Arsenal Hill is under $1,350.

What is the price of a cheap apartment in Arsenal Hill?

The cheapest apartment in Arsenal Hill is Lofts at Lourie's which is listed at $1,032, while the average apartment in Arsenal Hill costs $2,100.

What types of apartments are the cheapest in Arsenal Hill?

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 23 regular apartments in Arsenal Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Local Experts Top 8: Affordable Columbia, SC Neighborhoods for Quality Living

Written by: Kama Offenberger

I'm Kama, the ApartmentHomeLiving.com Local Expert for Columbia, South Carolina.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.