
Cheap Apartments for Rent in the Downtown Columbus IN Neighborhood of Columbus, IN from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Columbus IN area of Columbus.


Williamsburg Way

Charleston Square Apartments

Parkview Townhomes

Residences on Carr Hill

Steinhurst Manor
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.

St. Barts Apartments

River Stone

Townhomes at 28th

The Cole

State Street Apartments

Monarch Crossing
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.

Quail Run

Briarwood of Columbus

Willowood Apartments

Applegate

Canterbury House Apartments - Columbus

Ashford Park
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.
Downtown Columbus IN, Columbus, IN Local Guide

How much does it cost to rent an apartment in Downtown Columbus IN?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Columbus IN Studio Apartments | $1,109 | $785 | $1,337 |
| Downtown Columbus IN 1 Bedroom Apartments | $1,279 | $805 | $1,967 |
| Downtown Columbus IN 2 Bedroom Apartments | $1,409 | $865 | $2,260 |
| Downtown Columbus IN 3 Bedroom Apartments | $1,680 | $1,249 | $7,270 |
| Downtown Columbus IN 4 Bedroom Apartments | $1,962 | $1,475 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Columbus IN Neighborhood of Columbus, IN.
See all Apartments in ColumbusExplore Columbus
Downtown Columbus IN, Columbus, IN Local Guide
- Nearby Columbus neighborhoods
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Cheapest Available Downtown Columbus IN Apartments for Rent
 The cheapest available apartment rental in the Downtown Columbus IN area of Columbus, IN is a 1 Bed unit found at Bloomfield Apartments priced from $805. Applegate has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Downtown Columbus IN apartments for rent in Columbus, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bloomfield Apartments | One Bedroom | 1BR,1BA | $805 |
| Applegate | Studio | Studio,1BA | $925 |
| Williamsburg Way | The Richmond | 2BR,1BA | $950 |
| Parkview Townhomes | 1 Bed 1 Baths | 1BR,1BA | $1,010 |
| Steinhurst Manor | Otto | 1BR,1BA | $1,070 |
Best Value Apartments for Rent in Downtown Columbus IN, IN
As of January 29, 2026 the best value apartment in the Downtown Columbus IN area is the $1.20 price per square foot 4BR Downstairs Model at Arbor at Water's Edge in the in the Downtown Columbus IN neighborhood starting from $1,633. The second greatest value Downtown Columbus IN apartment is the Three Bedroom One Bath Large Model at Townhomes at 28th starting at $1,349 with a $1.01 price per square foot in the Downtown Columbus IN neighborhood. Here is today’s list of the best values for Downtown Columbus IN apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbor at Water's Edge | 4BR Downstairs | 4BR,2BA | $1.20 |
| Townhomes at 28th | Three Bedroom One Bath Large | 3BR,1BA | $1.01 |
| Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1.26 |
| Briarwood of Columbus | Two Bedroom Apartment | 2BR,1BA | $1.25 |
| Williamsburg Way | The Richmond | 2BR,1BA | $1.07 |
| The Cole | One Bedroom A3 | 1BR,1BA | $1.43 |
| Columbus Crossing Townhomes | 2 Bedroom | 2BR,1BA | $1.51 |
| Charleston Square Apartments | 2 Bed 1 Baths | 2BR,1BA | $1.43 |
| Steinhurst Manor | Otto | 1BR,1BA | $1.52 |
| 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 ArticleThe 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.
Read ArticleCash 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.
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.
Pet Friendly LifestyleDowntown Columbus In, Columbus, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Columbus In, Columbus, IN
Lillian Schmitt Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Columbus IN Apartments
How much is rent for a Cheap One Bedroom Downtown Columbus IN Apartment?
The lowest price for a Cheap One Bedroom Downtown Columbus IN Apartment is $805 at Bloomfield Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Columbus IN Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Columbus IN is starting from $885 at Williamsburg Way.
What is the most affordable Downtown Columbus IN Three Bedroom Apartment?
The best deal on a cheap Downtown Columbus IN Three Bedroom Apartment rental is at Arbor at Water's Edge and starts from $1,467.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

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.