Cheap Homes for Rent in Lake Murray Neighborhood of Columbia, SC from $800 (9 Rentals)

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Search the lowest-cost Homes 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.

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.

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 The Overlook At Golden Hills Apartment Homes priced from $1,265. Palisades at Ballentine has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable Lake Murray apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
The Overlook At Golden Hills Apartment HomesOne Bedroom1BR,1BA$1,265
Palisades at Ballentine1 Bedroom1BR,1BA$1,325
Grandview at Lake MurrayThe Richland1BR,1BA$1,350

Best Value Apartments for Rent in Lake Murray, SC

As of September 12, 2025 the best value apartment in the Lake Murray area is the $1.71 price per square foot Murray Model at The Residence at Marina Bay in the in the Lake Murray neighborhood starting from $2,012. The second greatest value Lake Murray apartment is the B1 Model at Station at Lake Murray starting at $1,582 with a $1.52 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 BayMurray2BR,2BA$1.71
Station at Lake MurrayB12BR,2BA$1.52
The Overlook At Golden Hills Apartment HomesTwo Bedroom2BR,1BA$1.62
Grandview at Lake MurrayThe Richland Renovated1BR,1BA$2.10
Palisades at Ballentine1 Bedroom1BR,1BA$1.79

Quick Rent Budget Calculator

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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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 $1,315 to $2,545. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Murray ranging from $875 to $3,000.

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 $875 to $3,000 with an average monthly rent of $2,156.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.