
Cheap Apartments for Rent in Columbus, IN from $640 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Columbus.


4378 Ashworth Ln

Bloomfield Apartments

Williamsburg Way

Charleston Square Apartments

Briarwood of Columbus

Residences on Carr Hill

Parkview Townhomes

Steinhurst Manor
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.

St. Barts Apartments

Quail Run

Stonegate

State Street Apartments

603 Chestnut St

Willowood Apartments

Applegate

714 Chestnut St

Canterbury House Apartments - Columbus
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.

Ashford Park

Eastlake Woods

Arbor at Water's Edge

1453 Washington St

202 E Taylor St

129 W Hendricks St

135 W Hendricks St

106 W Broadway St

529 W Taylor St
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.

124 E Taylor St

732 Upper Schooner Rd

133 Pratt St

943 W McKay Rd

105 W Hendricks St

1420 E Jefferson St

120 E King St

751 E Jefferson St

939 W McKay Rd
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.

959 W McKay Rd
Columbus, IN Local Guide

How much does it cost to rent an apartment in Columbus?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Columbus Studio Apartments | $1,183 | $785 | $1,712 |
| Cheap Columbus 1 Bedroom Apartments | $1,358 | $805 | $2,200 |
| Cheap Columbus 2 Bedroom Apartments | $1,618 | $810 | $4,793 |
| Cheap Columbus 3 Bedroom Apartments | $2,488 | $1,355 | $5,294 |
| Cheap Columbus 4 Bedroom Apartments | $1,152 | $640 | $1,665 |
Browse Top Apartments in Columbus
See all Apartments in ColumbusExplore Columbus
Columbus, IN Local Guide
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Cheapest Neighborhoods for Apartments in Columbus, IN
Pricing Updated: 09/08/2026Current apartment rentals in the Columbus, IN area range in price from $785 to $5,294 with an overall median price of $1,389. Here is today’s list neighborhoods with the lowest median pricing for Columbus Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Columbus IN | $1,389 | $785 | 84 |
Cheapest Available Columbus Apartments for Rent
 The cheapest available apartment rental in Columbus, IN is a 4 Beds unit found at The Annex of Columbus priced from $640. Bloomfield Apartments in the Downtown Columbus IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. Here is today’s list of the most affordable Columbus apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Annex of Columbus | 4 Bed 2 Bath | 4BR,2BA | $640 |
| Bloomfield Apartments | One Bedroom | 1BR,1BA | $805 |
| Williamsburg Way | The Richmond | 2BR,1BA | $930 |
| Residences on Carr Hill | S3 Venturi | Studio,1BA | $1,029 |
| Eastlake Woods | 1 bed 1 bath | 1BR,1BA | $1,040 |
| Charleston Square Apartments | 2 Bed 1 Baths | 2BR,1BA | $1,100 |
| Quail Run | 2 Bedroom (912 Sq. Ft.) | 2BR,1BA | $1,130 |
| Briarwood of Columbus | Two Bedroom Apartment | 2BR,1BA | $1,183 |
| Monarch Crossing | The Emperor | 1BR,1BA | $1,225 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1,255 |
Best Value Apartments for Rent in Columbus, IN
As of September 08, 2026 the best value apartment in the Columbus area is the $1.10 price per square foot 4BR Upstairs Model at Arbor at Water's Edge in the starting from $1,597. The second greatest value Columbus apartment is the Three Bedroom Townhome Model at Briarwood of Columbus starting at $1,653 with a $1.38 price per square foot in the Downtown Columbus IN neighborhood. Here is today’s list of the best values for Columbus apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbor at Water's Edge | 4BR Upstairs | 4BR,2BA | $1.10 |
| Briarwood of Columbus | Three Bedroom Townhome | 3BR,1.5BA | $1.38 |
| Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1.26 |
| The Enclave Apartments | T.HOME | 2BR,2BA | $1.34 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1.22 |
| Parkview Townhomes | 3THR | 3BR,1.5BA | $1.50 |
| Williamsburg Way | The Richmond | 2BR,1BA | $1.05 |
| Charleston Square Apartments | 2 Bed 1 Baths | 2BR,1BA | $1.43 |
| The Annex of Columbus | 2 Bed 2 Bath | 2BR,2BA | $1.17 |
| Bloomfield Apartments | One Bedroom | 1BR,1BA | $1.25 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Best Local Schools in Columbus, IN
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Columbus, IN Rentals by Map
See the most popular apartments and homes in Columbus, IN
Frequently Asked Questions about Cheap Columbus Apartments
How much is rent for a Cheap One Bedroom Columbus Apartment?
The lowest price for a Cheap One Bedroom Columbus Apartment is $805 at Bloomfield Apartments.
What is the lowest price for a Cheap Two Bedroom Columbus Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Columbus is starting from $810 at The Annex of Columbus.
What is the most affordable Columbus Three Bedroom Apartment?
The best deal on a cheap Columbus Three Bedroom Apartment rental is at Parkview Townhomes and starts from $1,525.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.