Cheap Apartments for Rent in the Olympia Neighborhood of Columbia, SC from $400 (86 Rentals)

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

property at 1600 Park Cir

$915 - $920

Total Monthly Price

Total Monthly Price

Base Rent
$915 - $920
Total Monthly Price
$915 - $920

Studio, 1 Bath Condo for Rent

Available Aug 1

1600 Park Cir

ColumbiaSC29201

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.

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The Palms on Main
Rent Specials
$1,207 - $2,503
Total Monthly Price

Total Monthly Price

Base Rent
$1,207 - $2,503
Total Monthly Price
$1,207 - $2,503
1 to 2 Bedroom Apartments Available Now

The Palms on Main

1155 Lady StColumbia, SC 29201
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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238 S Marion St, Unit 240
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400
2 Bedroom Apartment Available Jul 31

238 S Marion St, Unit 240

238 S Marion StColumbia, SC 29205
Affordability
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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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property at 1520 Senate St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

Studio, 1 Bath Condo for Rent

Available Now

1520 Senate St, Unit 11C

1520 Senate St
ColumbiaSC29201
property at 1600 Park Cir

$915 - $1,600

Studio To 2 Bedroom Rentals

Available Jul 6

1600 Park Cir

ColumbiaSC29201

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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property at 2009 Greene St

$1,100 - $1,800

2 Bedroom Rentals

Available Now

2009 Greene St

ColumbiaSC29205
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Berry Building
Studio to 3 Bedroom Apartments

Berry Building

1600-1608 Main StColumbia, SC 29201
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Kress Building
Studio to 2 Bedroom Apartments

Kress Building

1502 Main StColumbia, SC 29201
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Olympia Mills
1 to 4 Bedroom Apartments

Olympia Mills

600 Heyward StColumbia, SC 29201
Student Housing
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801 King St
2 Bedroom Apartments

801 King St

801 King StColumbia, SC 29205

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Olympia, Columbia, SC Local Guide

Cheapest Available Olympia Apartments for Rent

 

The cheapest available apartment rental in the Olympia area of Columbia, SC is a 4 Beds unit found at 21 Oaks priced from $730. Cornell Arms Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Olympia apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
21 OaksD1 - Premium4BR,2BA$730
Cornell Arms ApartmentsStudio One BedroomStudio,1BA$950
Hub Columbia4x34BR,3BA$1,070
505 B Ave2 Bedroom2BR,1BA$1,100
1321 Lofts1 Bedroom 1 Bath1BR,1BA$1,113
Berry BuildingBarringer: 1 Bedroom1BR,1BA$1,121
Main Street LivingBarringer: 1 Bedroom1BR,1BA$1,121
The Palms on MainStudio1BR,1BA$1,207
The Land Bank Loft ApartmentsThe Balustrade1BR,1BA$1,269
ClaussensStudioStudio,1BA$1,275

Best Value Apartments for Rent in Olympia, SC

As of June 13, 2026 the best value apartment in the Olympia area is the $0.93 price per square foot 4x4 Oasis Model at Hub Columbia in the in the Waverly neighborhood starting from $1,300. The second greatest value Olympia apartment is the C2 Model at The Assembly starting at $1,410 with a $1.26 price per square foot in the Eva P. Trezevant neighborhood. Here is today’s list of the best values for Olympia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hub Columbia4x4 Oasis4BR,4BA$0.93
The AssemblyC23BR,3BA$1.26
21 OaksD1 - Premium4BR,2BA$0.66
Tapp's BuildingTapps: 1 Bedroom1BR,1BA$1.36
Granby Oaks Apartments2 bed / 2 bath2BR,2BA$1.45
Canalside LoftsMarion2BR,2BA$1.53
Kress BuildingKress: 1 Bedroom1BR,1BA$1.59
The Radley2 BEDROOM, 2 BATH2BR,2BA$1.09
505 B Ave2 Bedroom2BR,1BA$1.47
Cayce Cove2x12BR,1BA$1.18

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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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.

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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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Pet Friendly Lifestyle
Olympia, Columbia, SC

Ranked #8

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Olympia, Columbia, SC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Columbia. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Olympia Apartments

What is a cheap apartment in Olympia?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olympia is under $1,275.

What is the price of a cheap apartment in Olympia?

The cheapest apartment in Olympia is 1321 Lofts which is listed at $1,113, while the average apartment in Olympia costs $3,200.

What types of apartments are the cheapest in Olympia?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 68 regular apartments in Olympia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Olympia?

Cheap apartments in Olympia have an average cost of $460 which is $2,740 cheaper than the average rent for all rentals in Olympia.

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

decorative image for Local Experts Top 8: Affordable Columbia, SC Neighborhoods for Quality Living article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.