
Cheap Homes for Rent in the Lake Carolina Neighborhood of Columbia, SC from $1,649 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Carolina area of Columbia.


208 Denby Cir
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306 Frog Leap Rd

840 Parnell Ct
Rent According to Income: A Look at Income-Restricted Rentals
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201 Ashewicke Dr
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 | $2,182 | $1,649 | $3,500 |
| Lake Carolina 4 Bedroom Homes for Rent | $2,608 | $2,225 | $3,000 |
| Lake Carolina 5 Bedroom Homes for Rent | $2,895 | $2,895 | $2,895 |
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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. Killian Terrace Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $937. 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 |
| Killian Terrace Apartments | 2 Bedroom | 2BR,2BA | $937 |
| The Shores at Elders Pond | Russell SR | 1BR,1BA | $1,130 |
Best Value Apartments for Rent in Lake Carolina, SC
As of September 16, 2026 the best value apartment in the Lake Carolina area is the $1.34 price per square foot The McEntire Townhouse Model at Rice Terrace Apartments and Townhomes in the in the Spring Valley neighborhood starting from $1,581. The second greatest value Lake Carolina apartment is the 2 Bedroom Model at Killian Terrace Apartments starting at $937 with a $0.94 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. |
|---|---|---|---|
| Rice Terrace Apartments and Townhomes | The McEntire Townhouse | 2BR,2.5BA | $1.34 |
| Killian Terrace Apartments | 2 Bedroom | 2BR,2BA | $0.94 |
| 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 | $1.48 |
| Comet Richland | Elm | 1BR,1BA | $1.87 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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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 $787 to $2,170. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Carolina ranging from $1,649 to $3,500.
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 $1,649 to $3,500 with an average monthly rent of $2,341.
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.

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.

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.