
Cheap Apartments for Rent in the Lake Carolina Neighborhood of Columbia, SC from $800 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Carolina area of Columbia.


Town Center at Lake Carolina
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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.

Aria Lake Carolina

Killian Terrace Apartments
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.

Rice Terrace Apartments and Townhomes
Lake Carolina, Columbia, SC Local Guide

How much does it cost to rent an apartment in Lake Carolina?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Carolina 1 Bedroom Apartments | $1,346 | $842 | $1,525 |
| Lake Carolina 2 Bedroom Apartments | $1,472 | $937 | $1,862 |
| Lake Carolina 3 Bedroom Apartments | $1,588 | $1,158 | $1,979 |
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Lake Carolina, Columbia, SC Local Guide
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Cheapest Available Lake Carolina Apartments for Rent
 The cheapest available apartment rental in the Lake Carolina area of Columbia, SC is a 1 Bed unit found at Aria Lake Carolina priced from $842. Rice Terrace Apartments and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here are the most affordable Lake Carolina apartments for rent in Columbia, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aria Lake Carolina | 1 Bedroom 1 Bath | 1BR,1BA | $842 |
| Rice Terrace Apartments and Townhomes | The Allen Garden | 1BR,1BA | $1,215 |
| Town Center at Lake Carolina | A1 - Dogwood - One Bedroom, One Bathroom | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Lake Carolina, SC
As of July 31, 2026 the best value apartment in the Lake Carolina area is the $0.89 price per square foot 1 Bedroom 1 Bath Model at Aria Lake Carolina in the in the The Summit neighborhood starting from $842. The second greatest value Lake Carolina apartment is the The Allen Garden Model at Rice Terrace Apartments and Townhomes starting at $1,215 with a $1.52 price per square foot in the Spring Valley neighborhood. Here is today’s list of the best values for Lake Carolina apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aria Lake Carolina | 1 Bedroom 1 Bath | 1BR,1BA | $0.89 |
| Rice Terrace Apartments and Townhomes | The Allen Garden | 1BR,1BA | $1.52 |
| Town Center at Lake Carolina | A2 - Azalea - One Bedroom, One Bathroom | 1BR,1BA | $1.64 |
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.
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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.
Best Local Schools in Lake Carolina, Columbia, SC
School data provided by Great Schools
Frequently Asked Questions about Cheap Lake Carolina Apartments
How much is rent for a Cheap One Bedroom Lake Carolina Apartment?
The lowest price for a Cheap One Bedroom Lake Carolina Apartment is $842 at Aria Lake Carolina.
What is the lowest price for a Cheap Two Bedroom Lake Carolina Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Carolina is starting from $1,008 at Aria Lake Carolina.
What is the most affordable Lake Carolina Three Bedroom Apartment?
The best deal on a cheap Lake Carolina Three Bedroom Apartment rental is at Aria Lake Carolina and starts from $1,158.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.