Cheap Apartments for Rent in the Downtown Columbus IN Neighborhood of Columbus, IN from $785 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Columbus IN area of Columbus.

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.

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Townhomes at 28th
Rent Specials
$1,255 - $1,355

Total Monthly Price

Base Rent$1,255 - $1,355

Total Monthly Price$1,255 - $1,355
2 to 3 Bedroom Apartments Available Now

Townhomes at 28th

1560 28th StColumbus, IN 47201
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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.

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.

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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
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Ashford Park
1 to 3 Bedroom Apartments

Ashford Park

1001 Ashford Park PlColumbus, IN 47201
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Arbor at Water's Edge
1 to 4 Bedroom Apartments

Arbor at Water's Edge

4060 N 150 WColumbus, IN 47201
  • Utilities Included

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.

Downtown Columbus IN, Columbus, IN Local Guide

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. Williamsburg Way has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown Columbus IN apartments for rent in Columbus, IN:

Apartment ListingModel NameBed/BathPriced From
Bloomfield ApartmentsOne Bedroom1BR, 1BA$805
Williamsburg WayThe Winchester1BR, 1BA$850
ApplegateStudioStudio, 1BA$919
Briarwood of ColumbusOne Bedroom Apartment1BR, 1BA$1,018
Residences on Carr HillS3 VenturiStudio, 1BA$1,029
Parkview Townhomes1 Bed 1 Baths1BR, 1BA$1,050
Quail Run2 Bedroom (912 Sq. Ft.)2BR, 1BA$1,130
StonegateOne Bedroom One Bath1BR, 1BA$1,148
Steinhurst ManorLudwig w/ Den1BR, 1BA$1,170

Best Value Apartments for Rent in Downtown Columbus IN, IN

As of September 18, 2026 the best value apartment in the Downtown Columbus IN area is the $1.36 price per square foot 3985 N 150 W Model at 3985 N 150 W, Unit 3983 North 150 West in the Downtown Columbus IN neighborhood starting from $1,500. The second greatest value Downtown Columbus IN apartment is the T.HOME Model at The Enclave Apartments in the Downtown Columbus IN neighborhood starting at $1,449 with a $1.34 price per square foot. Here is today’s list of the best values for Downtown Columbus IN apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3985 N 150 W, Unit 3983 North 150 West3985 N 150 W3BR, 2BA$1.36
The Enclave ApartmentsT.HOME2BR, 2BA$1.34
Townhomes at 28thTwo Bedroom One Bath2BR, 1BA$1.22
Arbor at Water's Edge2BR Downstairs2BR, 2BA$1.25
StonegateOne Bedroom One Bath1BR, 1BA$1.38
Columbus Crossing Townhomes2 Bedroom2BR, 1BA$1.53
Steinhurst ManorLudwig w/ Den1BR, 1BA$1.44
Briarwood of ColumbusOne Bedroom Apartment1BR, 1BA$1.40
Williamsburg WayThe Winchester1BR, 1BA$1.28
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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Navigating 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.

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Real 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.

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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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Pet Friendly Lifestyle
Downtown Columbus In, Columbus, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $865 at Bloomfield Apartments.

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 $1,435.

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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.