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$1,130 - $1,7751 to 3 Bedroom Apartments Available Now
The Shores at Elders Pond
4500 Hard Scrabble RdColumbia, SC 29229
Cheap Apartments for Rent in the Lake Carolina Neighborhood of Columbia, SC from $787 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Carolina area of Columbia.
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$1,275 - $2,0501 to 3 Bedroom Apartments Available Now
Town Center at Lake Carolina
20 Helton DrColumbia, SC 29229
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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$842 - $1,8501 to 3 Bedroom Apartments Available Now
Aria Lake Carolina
4920 Hard Scrabble RdColumbia, SC 29229
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$787 - $1,3161 to 3 Bedroom Apartments Available Now
Killian Terrace Apartments
508 Longtown RdColumbia, SC 29229
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.
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$1,168 - $3,1251 to 3 Bedroom Apartments Available Now
Rice Terrace Apartments and Townhomes
100 Rice Terrace CirColumbia, SC 29229
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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 | $1,332 | $787 | $1,525 |
| Lake Carolina 2 Bedroom Apartments | $1,562 | $937 | $1,959 |
| Lake Carolina 3 Bedroom Apartments | $1,675 | $1,075 | $2,150 |
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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 Killian Terrace Apartments priced from $787. Aria Lake Carolina has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. Here are the most affordable Lake Carolina apartments for rent in Columbia, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Killian Terrace Apartments | 1 Bedroom | 1BR, 1BA | $787 |
| Aria Lake Carolina | 1 Bedroom 1 Bath | 1BR, 1BA | $842 |
| The Shores at Elders Pond | Russell SR | 1BR, 1BA | $1,130 |
Best Value Apartments for Rent in Lake Carolina, SC
As of September 22, 2026 the best value apartment in the Lake Carolina area is the $1.33 price per square foot The McEntire Townhouse Model at Rice Terrace Apartments and Townhomes in the Spring Valley neighborhood starting from $1,566. The second greatest value Lake Carolina apartment is the Hickory Model at Comet Richland in the Longcreek Plantation neighborhood starting at $1,800 with a $1.65 price per square foot. 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. |
|---|---|---|---|
| Rice Terrace Apartments and Townhomes | The McEntire Townhouse | 2BR, 2.5BA | $1.33 |
| Comet Richland | Hickory | 2BR, 2BA | $1.65 |
| Aria Lake Carolina | 1 Bedroom 1 Bath | 1BR, 1BA | $0.89 |
| The Shores at Elders Pond | Russell SR | 1BR, 1BA | $1.39 |
| Town Center at Lake Carolina | A1 - Dogwood - One Bedroom, One Bathroom | 1BR, 1BA | $1.57 |
| Killian Terrace Apartments | 1 Bedroom | 1BR, 1BA | $1.02 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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Best Local Schools in Lake Carolina, Columbia, SC
School data provided by Great Schools
Frequently Asked Questions about Cheap Lake Carolina Apartments
What is the price of a cheap apartment in Lake Carolina?
The cheapest apartment in Lake Carolina is Killian Terrace Apartments which is listed at $787, while the average apartment in Lake Carolina costs $1,492.
What types of apartments are the cheapest in Lake Carolina?
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 10 regular apartments in Lake Carolina 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 Lake Carolina?
Cheap apartments in Lake Carolina have an average cost of $221 which is $1,271 cheaper than the average rent for all rentals in Lake Carolina.
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.