Cheap Apartments for Rent in the Arsenal Hill Neighborhood of Columbia, SC from $400 (37 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
$1,207 - $2,503
Total Monthly Price

Total Monthly Price

Base Rent
$1,207 - $2,503

Total Monthly Price
$1,207 - $2,503
1 to 2 Bedroom Apartments Available Now

The Palms on Main

1155 Lady StColumbia, SC 29201
Furnished
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  • 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.

property at 1520 Senate St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

Studio, 1 Bath Condo for Rent

Available Now

1520 Senate St, Unit 11C

1520 Senate St
ColumbiaSC29201
property at 1308 Pulaski St

$1,750 - $2,595

Studio To 3 Bedroom Rentals

Available Now

1308 Pulaski St

ColumbiaSC29201
property at 1520 Senate St

$1,500 - $2,275

Studio To 2 Bedroom Rentals

Available Now

1520 Senate St

ColumbiaSC29201
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Benton Crossing
1 to 3 Bedroom Apartments

Benton Crossing

2617 River DrColumbia, SC 29201

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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Berry Building
Studio to 3 Bedroom Apartments

Berry Building

1600-1608 Main StColumbia, SC 29201
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Kress Building
Studio to 2 Bedroom Apartments

Kress Building

1502 Main StColumbia, SC 29201
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Tapp's Building
1 to 2 Bedroom Apartments

Tapp's Building

1644 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

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.

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 3 Beds unit found at Benton Crossing priced from $427. The Dylan has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Arsenal Hill apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Benton CrossingThree Bedroom3BR,2BA$427
The DylanB-50% income restricted studioStudio,1BA$800
Cornell Arms ApartmentsStudio One BedroomStudio,1BA$950
Hub Columbia4x34BR,3BA$1,070
1321 Lofts1 Bedroom 1 Bath1BR,1BA$1,113
Main Street LivingBarringer: 1 Bedroom1BR,1BA$1,121
Berry BuildingBarringer: 1 Bedroom1BR,1BA$1,121
The Palms on MainStudio1BR,1BA$1,207
Elmwood Lofts1 Bedroom 1 Bathroom1BR,1BA$1,249
The Land Bank Loft ApartmentsThe Balustrade1BR,1BA$1,289

Best Value Apartments for Rent in Arsenal Hill, SC

As of June 08, 2026 the best value apartment in the Arsenal Hill area is the $0.93 price per square foot 4x4 Oasis Model at Hub Columbia in the in the Waverly neighborhood starting from $1,300. 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$0.93
Vista LoftsCayce2BR,2BA$1.65
Benton CrossingThree Bedroom3BR,2BA$0.36
The AssemblyC23BR,3BA$1.26
Tapp's BuildingTapps: 1 Bedroom1BR,1BA$1.33
Elmwood Lofts2 Bedroom 2 Bathroom2BR,2BA$1.65
Kress BuildingKress: 1 Bedroom1BR,1BA$1.39
Canalside LoftsLaurel1BR,1BA$1.74
Acasa Vista TowersOne Bedroom One Bath1BR,1BA$1.70
Main Street LivingBarringer: 1 Bedroom1BR,1BA$1.71

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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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
Arsenal Hill, Columbia, SC

Ranked #22

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

Pet Friendliness Lifestyle Score

2.5
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 $1,289.

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

The cheapest apartment in Arsenal Hill is 1321 Lofts which is listed at $1,113, while the average apartment in Arsenal Hill costs $2,193.

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 33 regular apartments in Arsenal Hill 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 Arsenal Hill?

Cheap apartments in Arsenal Hill have an average cost of $274 which is $1,919 cheaper than the average rent for all rentals in Arsenal Hill.

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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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.