
Cheap Apartments for Rent in the Elmwood Park Neighborhood of Columbia, SC from $400 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood Park area of Columbia.


Acasa Prosper Fairways Apartments

Boulder Creek

Riverwalk Vista

Claire Tower

2815 Howell Ct

Acasa Tropical Ridge

Five Points Residential

Elmwood Lofts

Reserve at River Walk
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.

Landmark at Pine Court

Cornell Arms Apartments

2508 Laurel St

Tamarind at Stoneridge

1418-1418 Kinderway Ave

Arrington Place Apartments

The Dylan

Stone Ridge Apartments

River Ridge

1004 Pine St, Unit A1
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.

311 Harden St

The Carolinian

Columbia Rising

1219 Elmwood Ave

22 Guernsey Dr

Main Street Living

Acasa Vista Towers

1321 Lofts

Lofts at Lourie's

The Babcock
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.

2429 Monroe St

Claussens

2002 Greene St, Unit 301

118 S Waccamaw Ave

Canalside Lofts

22 Guernsey Dr

3606 Medical Dr

3028 Richfield Dr

Broad River Trace

Veranda at North Main
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.

Stoneridge Senior Village

2710 Howell Ct

1307 Lorick Ave

Benton Crossing

1004 Pine St

2801 Howell Ct

1227 Barnwell St

2228 Harper St

3 Barnwell St

4421 Windemere Ave
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.
Elmwood Park, Columbia, SC Local Guide

How much does it cost to rent an apartment in Elmwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood Park Studio Apartments | $1,347 | $401 | $2,237 |
| Elmwood Park 1 Bedroom Apartments | $1,517 | $720 | $2,461 |
| Elmwood Park 2 Bedroom Apartments | $1,562 | $450 | $3,563 |
| Elmwood Park 3 Bedroom Apartments | $1,717 | $1,000 | $3,800 |
| Elmwood Park 4 Bedroom Apartments | $1,812 | $499 | $5,388 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the Elmwood Park Neighborhood of Columbia, SC.
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Elmwood Park, Columbia, SC Local Guide
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Cheapest Available Elmwood Park Apartments for Rent
 The cheapest available apartment rental in the Elmwood Park area of Columbia, SC is a Studio unit found at Siegel Select Columbia priced from $401. Acasa Prosper Fairways Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $721. Here are the most affordable Elmwood Park apartments for rent in Columbia, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Siegel Select Columbia | Studio - Weekly Rate | Studio,1BA | $401 |
| Acasa Prosper Fairways Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $721 |
| Riverwalk Vista | 1x1 Studio | 1BR,1BA | $799 |
| Boulder Creek | A1-Congaree | 1BR,1BA | $799 |
| Acasa Tropical Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $894 |
| Five Points Residential | 2 Bed 1 Bath | 2BR,1BA | $900 |
| Reserve at River Walk | Lace | 1BR,1BA | $923 |
| Landmark at Pine Court | A1 Designer Plus | 1BR,1BA | $925 |
| Broadmoor Apartments | 1 Bed 1 Bath - 650 Sq Ft. | 1BR,1BA | $950 |
Best Value Apartments for Rent in Elmwood Park, SC
As of August 20, 2026 the best value apartment in the Elmwood Park area is the $0.42 price per square foot 4 BEDROOM, 2 BATH Model at The Radley in the in the West Columbia neighborhood starting from $499. The second greatest value Elmwood Park apartment is the Three Bedroom Model at Benton Crossing starting at $1,115 with a $0.95 price per square foot in the Eau Claire neighborhood. Here is today’s list of the best values for Elmwood Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Radley | 4 BEDROOM, 2 BATH | 4BR,2BA | $0.42 |
| Benton Crossing | Three Bedroom | 3BR,2BA | $0.95 |
| Hub Columbia | 2x2 | 2BR,2BA | $1.15 |
| Arrington Place Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.16 |
| Riverbanks Retreat | 2/1.5R | 2BR,1.5BA | $1.25 |
| Riverwalk Vista | 1x1 | 1BR,1BA | $1.12 |
| Stone Ridge Apartments | 1x1 | 1BR,1BA | $1.34 |
| Acasa Tropical Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.28 |
| Acasa Prosper Fairways Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.07 |
| Siegel Select Columbia | Studio - Weekly Rate | Studio ,1BA | $0.89 |
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.
Pet Friendly LifestyleElmwood Park, Columbia, SC
Ranked #10
Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Elmwood Park, Columbia, SC
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across South Carolina including Elmwood Park, Columbia, and the greater Columbia area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Elmwood Park Apartments
What is a cheap apartment in Elmwood Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elmwood Park is under $950.
What is the price of a cheap apartment in Elmwood Park?
The cheapest apartment in Elmwood Park is Acasa Prosper Fairways Apartments which is listed at $721, while the average apartment in Elmwood Park costs $1,481.
What types of apartments are the cheapest in Elmwood Park?
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 27 regular apartments in Elmwood Park 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 Elmwood Park?
Cheap apartments in Elmwood Park have an average cost of $393 which is $1,088 cheaper than the average rent for all rentals in Elmwood Park.
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

Local Expert's 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.

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.

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.

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.