
Cheap Homes for Rent in Lake Carolina Neighborhood of Columbia, SC from $1,600 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Carolina area of Columbia.

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.

434 Keeble Dr
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.
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 | $2,131 | $1,699 | $2,500 |
| Lake Carolina 4 Bedroom Homes for Rent | $2,457 | $2,049 | $2,730 |
| Lake Carolina 5 Bedroom Homes for Rent | $2,849 | $2,699 | $3,000 |
Explore Columbia
Best Value Apartments for Rent in Lake Carolina, SC
As of June 14, 2026 the best value apartment in the Lake Carolina area is the $0.90 price per square foot 3 Bedroom Model at Killian Terrace Apartments in the in the Spring Valley neighborhood starting from $1,075. The second greatest value Lake Carolina apartment is the The Benedict Garden Model at Rice Terrace Apartments and Townhomes starting at $1,390 with a $1.28 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. |
|---|---|---|---|
| Killian Terrace Apartments | 3 Bedroom | 3BR,2BA | $0.90 |
| Rice Terrace Apartments and Townhomes | The Benedict Garden | 2BR,2BA | $1.28 |
| Aria Lake Carolina | 1 Bedroom 1 Bath | 1BR,1BA | $0.92 |
| Town Center at Lake Carolina | A1 - Dogwood - One Bedroom, One Bathroom | 1BR,1BA | $1.56 |
| Comet Richland | Beech | 1BR,1BA | $1.94 |
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 $787 to $4,435. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Carolina ranging from $1,699 to $3,000.
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 $1,699 to $3,000 with an average monthly rent of $2,479.
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 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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.