12 Shuler Cir
ColumbiaSC29212
Cheap Homes for Rent in Lake Murray Neighborhood of Columbia, SC from $1,600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Murray area of Columbia.
144 Breezes Dr, Unit 3C, Unit 3C
144 Breezes Dr
LexingtonSC29072
108 Cranewater Dr
ColumbiaSC29212
136 Bay Front Dr
ChapinSC29036
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.
855 Park Rd
LexingtonSC29072
209 Bickley View Ct
ChapinSC29036
423 Lanyard Ln
ChapinSC29036
1106 Bergenfield Ln
ChapinSC29036
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.
Showing Results 1-8, Page 1 of 1
Lake Murray, Columbia, SC Local Guide
How much does it cost to rent a home in Lake Murray?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Murray 2 Bedroom Homes for Rent | $1,687 | $1,600 | $1,775 |
| Lake Murray 3 Bedroom Homes for Rent | $2,395 | $1,795 | $4,500 |
| Lake Murray 4 Bedroom Homes for Rent | $2,840 | $1,995 | $6,500 |
| Lake Murray 5 Bedroom Homes for Rent | $2,546 | $2,445 | $2,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Lake Murray, Columbia, SC Local Guide
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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 $1,235. Grandview at Lake Murray 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palisades at Ballentine | The Katherine | 1BR,1BA | $1,235 |
| Grandview at Lake Murray | The Richland | 1BR,1BA | $1,280 |
| The Overlook At Golden Hills Apartment Homes | Two Bedroom | 2BR,1BA | $1,420 |
Best Value Apartments for Rent in Lake Murray, SC
As of May 21, 2026 the best value apartment in the Lake Murray area is the $1.54 price per square foot Wessinger Model at Residence at Marina Bay in the in the Lake Murray neighborhood starting from $1,773. The second greatest value Lake Murray apartment is the A1 Model at Station at Lake Murray starting at $1,625 with a $1.84 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Residence at Marina Bay | Wessinger | 2BR,2BA | $1.54 |
| Station at Lake Murray | A1 | 1BR,1BA | $1.84 |
| Grandview at Lake Murray | Richland GV II Renovated | 1BR,1BA | $1.83 |
| The Overlook At Golden Hills Apartment Homes | One Bedroom | 1BR,1BA | $1.81 |
| Palisades at Ballentine | The Katherine | 1BR,1BA | $1.67 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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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.
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Frequently Asked Questions about Lake Murray
What type of rentals are currently available in Lake Murray?
There are currently 7 Apartments for Rent in Lake Murray, SC with pricing that ranges from $1,265 to $2,735. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Murray ranging from $1,600 to $6,500.
What is the current price range for Rental Homes in Lake Murray?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Murray ranges from $1,600 to $6,500 with an average monthly rent of $2,367.
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.