Cheap Apartments for Rent in the Lake Murray Neighborhood of Columbia, SC from $1,200 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Murray area of Columbia.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Lake Murray, Columbia, SC Local Guide

Cheapest Available Lake Murray Apartments for Rent

 

The cheapest available apartment rental in the Lake Murray area of Columbia, SC is a 1 Bed unit found at Grandview at Lake Murray priced from $1,255. The Overlook At Golden Hills Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,280. Here are the most affordable Lake Murray apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Grandview at Lake MurrayThe Richland1BR,1BA$1,255
The Overlook At Golden Hills Apartment HomesOne Bedroom1BR,1BA$1,280
Palisades at BallentineThe Katherine1BR,1BA$1,325

Best Value Apartments for Rent in Lake Murray, SC

As of January 05, 2026 the best value apartment in the Lake Murray area is the $1.90 price per square foot A1 Model at Station at Lake Murray in the in the Irmo neighborhood starting from $1,539. The second greatest value Lake Murray apartment is the One Bedroom Model at The Overlook At Golden Hills Apartment Homes starting at $1,280 with a $1.62 price per square foot in the Lake Murray neighborhood. Here is today’s list of the best values for Lake Murray apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Station at Lake MurrayA11BR,1BA$1.90
The Overlook At Golden Hills Apartment HomesOne Bedroom1BR,1BA$1.62
Grandview at Lake MurrayThe Richland1BR,1BA$1.61
Palisades at BallentineThe Katherine1BR,1BA$1.79

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Pet Friendly Lifestyle

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Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.

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Frequently Asked Questions about Cheap Lake Murray Apartments

How much is rent for a Cheap One Bedroom Lake Murray Apartment?

The lowest price for a Cheap One Bedroom Lake Murray Apartment is $1,255 at Grandview at Lake Murray.

What is the lowest price for a Cheap Two Bedroom Lake Murray Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Murray is starting from $1,340 at Grandview at Lake Murray.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!