Cheap Apartments for Rent in the Olympia Neighborhood of Columbia, SC from $500 (32 Rentals)

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

property at 1113 Olympia Ave

$895 - $1,495

1 To 2 Bedroom Rentals

Available Now

1113 Olympia Ave

ColumbiaSC29201

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1321 Lofts
$1,211 - $2,008
Total Monthly Price

Total Monthly Price

Base Rent
$1,111 - $1,908
Required Monthly Fees
$100

Total Monthly Price
$1,211 - $2,008
1 to 2 Bedroom Apartments Available Now

1321 Lofts

1321 Lady StColumbia, SC 29201
Furnished
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The Carolinian
Rent Specials
$1,250 - $1,391
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $1,346
Required Monthly Fees
$45

Total Monthly Price
$1,250 - $1,391
2 Bedroom Apartments Available Now

The Carolinian

1318 Pickens StColumbia, SC 29201
Affordability
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Berry Building
Studio to 3 Bedroom Apartments

Berry Building

1600-1608 Main StColumbia, SC 29201
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Olympia Mills
1 to 4 Bedroom Apartments

Olympia Mills

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

801 King St

801 King StColumbia, SC 29205
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2411 Blossom St
Studio to 3 Bedroom Apartments

2411 Blossom St

2411 Blossom StColumbia, SC 29205
Student Housing
  • Utilities Included

Local Expert's Top 8: Affordable Columbia, SC Neighborhoods for Quality Living

Moving to Columbia, SC? Explore 8 affordable neighborhoods to rent that are known for strong schools, convenient shopping, and easy access to local natural highlights like Lake Murray.

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612 Whaley at The Mills
1 to 2 Bedroom Apartments

612 Whaley at The Mills

612 Whaley StColumbia, SC 29201
Student Housing
  • Utilities Included
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505 B Ave
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,085
Required Monthly Fees
$65

Total Monthly Price
$1,150
2 Bedroom Apartments Available Now

505 B Ave

505 B AveWest Columbia, SC 29169
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Pinewood Apartments
2 Bedroom Apartments

Pinewood Apartments

1000 Holland AveCayce, SC 29033
  • Utilities Included

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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 1 Bed unit found at Lofts at Lourie's priced from $1,032. Cornell Arms Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Olympia apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Lofts at Lourie's1 bedroom 1 bath1BR,1BA$1,032
Cornell Arms ApartmentsStudio One BedroomStudio,1BA$1,050
Hub Columbia4x34BR,3BA$1,090
Main Street LivingBarringer: StudioStudio,1BA$1,138
Berry BuildingBarringer: StudioStudio,1BA$1,138
505 B Ave2 Bedroom2BR,1BA$1,150
1321 Lofts1 Bedroom 1 Bath1BR,1BA$1,211
The Carolinian2 Bedroom 1 Bath2BR,1BA$1,250

Best Value Apartments for Rent in Olympia, SC

As of February 25, 2026 the best value apartment in the Olympia area is the $1.41 price per square foot The Stage Model at 5th & Sloan in the in the East Columbia neighborhood starting from $2,100. The second greatest value Olympia apartment is the 4x4 Oasis Model at Hub Columbia starting at $1,249 with a $0.89 price per square foot in the Waverly 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.
5th & SloanThe Stage2BR,2BA$1.41
Hub Columbia4x4 Oasis4BR,4BA$0.89
21 OaksD14BR,2BA$0.59
Granby Oaks Apartments2 bed / 2 bath2BR,2BA$1.45
Tapp's BuildingTapp`s: 2 Bedroom2BR,1BA$1.47
1413 Cherokee St1413 Cherokee St2BR,1BA$1.13
The Carolinian2 Bedroom 1 Bath2BR,1BA$1.39
546 Shull St, Unit A546 Shull St2BR,1BA$1.19
The Radley2 BEDROOM, 2 BATH2BR,2BA$1.08
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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How much rent can you afford?

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 #15

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,250.

What is the price of a cheap apartment in Olympia?

The cheapest apartment in Olympia is Lofts at Lourie's which is listed at $1,032, 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 58 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 $372 which is $2,828 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

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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