Cheap Apartments for Rent in the Lake Murray Neighborhood of Columbia, SC from $1,300 (6 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Palisades at Ballentine priced from $1,315. Grandview at Lake Murray has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Lake Murray apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Palisades at Ballentine1 Bedroom1BR,1BA$1,315
Grandview at Lake MurrayThe Richland1BR,1BA$1,350
Station at Lake MurrayA11BR,1BA$1,374

Best Value Apartments for Rent in Lake Murray, SC

As of June 29, 2025 the best value apartment in the Lake Murray area is the $1.59 price per square foot Dreher Model at The Residence at Marina Bay in the in the Lake Murray neighborhood starting from $2,255. The second greatest value Lake Murray apartment is the A1 Model at Station at Lake Murray starting at $1,374 with a $1.69 price per square foot in the Irmo 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.
The Residence at Marina BayDreher3BR,2BA$1.59
Station at Lake MurrayA11BR,1BA$1.69
The Overlook At Golden Hills Apartment HomesOne Bedroom1BR,1BA$1.78
Grandview at Lake MurrayThe Richland Renovated1BR,1BA$2.10
Palisades at Ballentine1 Bedroom1BR,1BA$1.78

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Pet Friendly Lifestyle

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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 $1,315 at Palisades at Ballentine.

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 $1,485 at Palisades at Ballentine.

What is the most affordable Lake Murray Three Bedroom Apartment?

The best deal on a cheap Lake Murray Three Bedroom Apartment rental is at Grandview at Lake Murray and starts from $1,660.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.