
Cheap Homes for Rent in the Lake Carolina Neighborhood of Columbia, SC from $1,700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Carolina area of Columbia.


158 Palmetto Park Cir

127 Oak Cove Dr
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.

434 Keeble Dr

800 Maryfield Dr

404 Indigo Ridge Dr
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.
Lake Carolina, Columbia, SC Local Guide

How much does it cost to rent a home in Lake Carolina?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Carolina 3 Bedroom Homes for Rent | $2,146 | $1,739 | $3,500 |
| Lake Carolina 4 Bedroom Homes for Rent | $2,628 | $1,850 | $3,800 |
| Lake Carolina 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
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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.
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.
Best Local Schools in Lake Carolina, Columbia, SC
School data provided by Great Schools
Frequently Asked Questions about Lake Carolina
What type of rentals are currently available in Lake Carolina?
There are currently 8 Apartments for Rent in Lake Carolina, SC with pricing that ranges from $842 to $1,979. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Carolina ranging from $1,739 to $3,800.
What is the current price range for Rental Homes in Lake Carolina?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Carolina ranges from $1,739 to $3,800 with an average monthly rent of $2,591.
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.