Cheap Apartments for Rent in Columbus, IN from $400 (29 Rentals)

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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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Willowood Apartments
Studio to 2 Bedroom Apartments

Willowood Apartments

3541 Cardinal CtColumbus, IN 47203
  • Utilities Included
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Applegate
Studio to 2 Bedroom Apartments

Applegate

2230 Applegate DrColumbus, IN 47203
Corporate Housing

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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Eastlake Woods
1 to 3 Bedroom Apartments

Eastlake Woods

1020 Thicket CtColumbus, IN 47201
  • Utilities Included
  • Smoke Free
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Ashford Park
1 to 3 Bedroom Apartments

Ashford Park

1001 Ashford Park PlColumbus, IN 47201

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Columbus, IN Local Guide

Cheapest Neighborhoods for Apartments in Columbus, IN

Pricing Updated: 12/10/2025

Current apartment rentals in the Columbus, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Columbus Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Columbus IN$1,600$785100

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 $485. 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 ListingModel NameBed/BathPriced From
The Annex of Columbus4 Bed 2 Bath4BR,2BA$485
Bloomfield ApartmentsOne Bedroom1BR,1BA$805
ApplegateOne Bed One Bath1BR,1BA$949
Charleston Square Apartments1BR1BA1BR,1BA$995
St. Barts ApartmentsThe Pine1BR,1BA$999
Briarwood of ColumbusOne Bedroom Apartment1BR,1BA$1,017
Residences on Carr HillFuller 21BR,1BA$1,075
Spruce RidgeMontana1BR,1BA$1,104
Eastlake Woods1 bed 1 bath remodel1BR,1BA$1,125
River StoneThe Fawn1BR,1BA$1,126

Best Value Apartments for Rent in Columbus, IN

As of December 10, 2025 the best value apartment in the Columbus area is the $0.96 price per square foot 920 Lafayette Ave Model at 920 Lafayette Ave, Unit 920 B in the in the Downtown Columbus IN neighborhood starting from $1,650. The second greatest value Columbus apartment is the Two Bedroom Two Bath Model at Stonegate starting at $1,359 with a $1.26 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 ListingModel NameBed/BathPrice Per Sq.Ft.
920 Lafayette Ave, Unit 920 B920 Lafayette Ave2BR,2BA$0.96
StonegateTwo Bedroom Two Bath2BR,2BA$1.26
Townhomes at 28thTwo Bedroom One Bath2BR,1BA$1.10
The Annex of Columbus4 Bed 2 Bath4BR,2BA$0.48
Parkview Townhomes2THSR2BR,1.5BA$1.44
Arbor at Water's Edge2BR Downstairs2BR,2BA$1.28
The ColeOne Bedroom A21BR,1BA$1.48
Charleston Square Apartments2 Bed 1 Baths2BR,1BA$1.43
Briarwood of ColumbusOne Bedroom Apartment1BR,1BA$1.40
Bloomfield ApartmentsOne Bedroom1BR,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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Columbus, IN Rentals by Map

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Getting Around Columbus, IN

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

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 $1,100 at Charleston Square Apartments.

What is the most affordable Columbus Three Bedroom Apartment?

The best deal on a cheap Columbus Three Bedroom Apartment rental is at Townhomes at 28th and starts from $1,249.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.