
Cheap Homes for Rent in Lake Carolina Neighborhood of Columbia, SC from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Carolina area of Columbia.


255 Legend Oaks Dr

434 Keeble Dr

159 Silverwood Trail

834 Parnell Ct
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.

259 Sunny Hl Dr

1964 Lake Carolina Dr

514 Oak Cove Dr

416 Sandfarm Trail

5 High Glen Ct
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 | $2,072 | $1,699 | $2,500 |
| Lake Carolina 4 Bedroom Homes for Rent | $2,317 | $1,999 | $2,800 |
| Lake Carolina 5 Bedroom Homes for Rent | $3,587 | $2,975 | $4,200 |
Explore Columbia
Cheapest Available Lake Carolina Apartments for Rent
 The cheapest available apartment rental in the Lake Carolina area of Columbia, SC is a 2 Beds unit found at Aria Lake Carolina priced from $799. The Shores at Elders Pond has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,130. Here are the most affordable Lake Carolina apartments for rent in Columbia, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aria Lake Carolina | 2 Bedrooms 2 Baths | 2BR,2BA | $799 |
| The Shores at Elders Pond | Russell SR | 1BR,1BA | $1,130 |
| Town Center at Lake Carolina | A1 - Dogwood - One Bedroom, One Bathroom | 1BR,1BA | $1,249 |
Best Value Apartments for Rent in Lake Carolina, SC
As of April 28, 2026 the best value apartment in the Lake Carolina area is the $0.92 price per square foot 1 Bedroom 1 Bath Model at Aria Lake Carolina in the in the The Summit neighborhood starting from $869. The second greatest value Lake Carolina apartment is the Russell SR Model at The Shores at Elders Pond starting at $1,130 with a $1.39 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 | $0.92 |
| The Shores at Elders Pond | Russell SR | 1BR,1BA | $1.39 |
| Rice Terrace Apartments and Townhomes | The Allen Garden | 1BR,1BA | $1.66 |
| Town Center at Lake Carolina | A2 - Azalea - One Bedroom, One Bathroom | 1BR,1BA | $1.64 |
| Comet Richland | Beech | 1BR,1BA | $1.90 |
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 $5,169. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Carolina ranging from $1,699 to $4,200.
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 $4,200 with an average monthly rent of $2,658.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.