Cheap Homes for Rent in Downtown Columbia Neighborhood of Columbia, SC from $800 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Downtown Columbia area of Columbia.

property at 1600 Park Cir

$850 - $1,680

1 To 2 Bedroom Rentals

Available Now

1600 Park Cir

ColumbiaSC29201

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.

property at 1227 Barnwell St

$1,030 - $1,050

1 To 2 Bedroom Rentals

Available Now

1227 Barnwell St

ColumbiaSC29201
property at 2009 Greene St

$1,050 - $1,800

1 To 2 Bedroom Rentals

Available Now

2009 Greene St

ColumbiaSC29205

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 2002 Greene St

$1,200 - $1,400

2 Bedroom Rentals

Available Now

2002 Greene St

ColumbiaSC29205

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.

Downtown Columbia, Columbia, SC Local Guide

Cheapest Available Downtown Columbia Apartments for Rent

 

The cheapest available apartment rental in the Downtown Columbia 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 Downtown Columbia apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
The DylanA50Studio,1BA$750
Cornell Arms ApartmentsStudio One BedroomStudio,1BA$950
Lofts at Lourie's1 bedroom 1 bath1BR,1BA$1,032
Berry BuildingBarringer: StudioStudio,1BA$1,047
Main Street LivingBarringer: StudioStudio,1BA$1,047

Best Value Apartments for Rent in Downtown Columbia, SC

As of May 07, 2026 the best value apartment in the Downtown Columbia 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 Downtown Columbia apartment is the 2A Model at The Palms on Main starting at $2,371 with a $2.16 price per square foot in the Waverly neighborhood. Here is today’s list of the best values for Downtown Columbia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hub Columbia4x4 Oasis4BR,4BA$0.90
The Palms on Main2A2BR,2BA$2.16
Tapp's BuildingTapp`s: 2 Bedroom2BR,1BA$1.58
Lofts at Lourie's2 bedroom 1 bath2BR,1BA$1.91
Kress BuildingKress: 1 Bedroom1BR,1BA$1.59
The Lady6E1BR,1BA$2.42
2446 Washington St, Unit 2446 Washington Street2446 Washington St1BR,1BA$2.00
The Land Bank Loft ApartmentsThe Adams1BR,1BA$2.18
Hampton House1 Bedroom with Balcony1BR,1BA$2.23
Berry BuildingBarringer: StudioStudio ,1BA$2.18

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Columbia, Columbia, SC

Ranked #67

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Downtown Columbia

What type of rentals are currently available in Downtown Columbia?

There are currently 122 Apartments for Rent in Downtown Columbia, SC with pricing that ranges from $750 to $4,200. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Columbia ranging from $975 to $6,300.

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 $975 to $6,300 with an average monthly rent of $3,126.

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 $2,100 to $4,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,900. Four Bedroom Single-Family rentals are also available starting from $3,195 and Four Bedroom Apartments start at $3,250.

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

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

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.