
Cheap Apartments for Rent near Columbia, SD from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Columbia.


200 7th Ave

Total Monthly Price
221 15th St N, Unit D4

Gwinner I & II Apartments

Oakes I & II Apartments

Total Monthly Price
120 N Arch St, Unit 2
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Depot Apartments

Presentation Heights

Forte Living of Aberdeen: 50+ Community!

Dakota Estates

213 13th Ave E

1631 Olive Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

630 S High St
Columbia, SD Local Guide

How much does it cost to rent an apartment in Columbia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Columbia Studio Apartments | $988 | $919 | $1,062 |
| Columbia 1 Bedroom Apartments | $971 | $500 | $1,218 |
| Columbia 2 Bedroom Apartments | $1,483 | $800 | $6,300 |
| Columbia 3 Bedroom Apartments | $1,156 | $900 | $1,474 |
| Columbia 4 Bedroom Apartments | $1,305 | $910 | $1,810 |
Browse Top Apartments in Columbia
See all Apartments in ColumbiaExplore Columbia
Columbia, SD Local Guide
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Cheapest Available Columbia Apartments for Rent and Nearby
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $700 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Columbia, SD and Nearby
As of July 29, 2026 the best value apartment in the Columbia area is the $1.10 price per square foot 1 br/ 1 bath Model at Gwinner I & II Apartments in the starting from $700. The second greatest value Columbia apartment is the 221 15th St N Model at 221 15th St N, Unit D4 starting at $500 with a $0.81 price per square foot . Here is today’s list of the best values for Columbia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $1.10 |
| 221 15th St N, Unit D4 | 221 15th St N | 1BR,1BA | $0.81 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $2.00 |
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 ArticleReal 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
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Columbia, SD Rentals by Map
See the most popular apartments and homes in Columbia, SD
Frequently Asked Questions about Cheap Columbia Apartments
How much is rent for a Cheap One Bedroom Columbia Apartment?
The lowest price for a Cheap One Bedroom Columbia Apartment is $700 at Gwinner I & II Apartments.
What is the lowest price for a Cheap Two Bedroom Columbia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Columbia is starting from $825 at Gwinner I & II Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.