
Cheap Apartments for Rent in the Downtown Columbus IN Neighborhood of Columbus, IN from $700 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Columbus IN area of Columbus.


Williamsburg Way

Charleston Square Apartments

Briarwood of Columbus

Steinhurst Manor

Residences on Carr Hill
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.

930 7th St, Unit B

St. Barts Apartments

Stonegate

Monarch Crossing

Quail Run

The Enclave Apartments
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.

State Street Apartments

River Stone

Total Monthly Price
Townhomes at 28th

Parkview Townhomes

Taylor

Columbus Crossing Townhomes
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.

1309 Court St

The Cole

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.

Arbor at Water's Edge

409 6th St

1907 Gilmore St
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 | $1,273 | $785 | $1,454 |
| Downtown Columbus IN 1 Bedroom Apartments | $1,320 | $805 | $3,159 |
| Downtown Columbus IN 2 Bedroom Apartments | $1,458 | $865 | $2,296 |
| Downtown Columbus IN 3 Bedroom Apartments | $1,540 | $1,305 | $2,152 |
| Downtown Columbus IN 4 Bedroom Apartments | $1,665 | $1,665 | $1,665 |
Browse Apartments in this Neighborhood
There are currently 27 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 Studio unit found at Applegate priced from $819. Briarwood of Columbus has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,033. Here are the most affordable Downtown Columbus IN apartments for rent in Columbus, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Applegate | Studio | Studio,1BA | $819 |
| Briarwood of Columbus | One Bedroom Apartment | 1BR,1BA | $1,033 |
| Charleston Square Apartments | 2 Bed 1 Baths | 2BR,1BA | $1,100 |
| St. Barts Apartments | The Spruce | 1BR,1BA | $1,100 |
| Quail Run | 1 Bedroom | 1BR,1BA | $1,150 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1,205 |
| Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1,359 |
| Parkview Townhomes | 2THR | 2BR,1BA | $1,399 |
| River Stone | Cedar II | 1BR,1BA | $1,457 |
| Taylor | A2 | 1BR,1BA | $1,493 |
Best Value Apartments for Rent in Downtown Columbus IN, IN
As of May 02, 2026 the best value apartment in the Downtown Columbus IN area is the $1.10 price per square foot 4BR Upstairs Model at Arbor at Water's Edge in the in the Downtown Columbus IN neighborhood starting from $1,597. The second greatest value Downtown Columbus IN 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 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 Upstairs | 4BR,2BA | $1.10 |
| Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1.26 |
| The Enclave Apartments | T.HOME | 2BR,2BA | $1.42 |
| 1422 Chestnut St, Unit B | 1422 Chestnut St | 3BR,1.5BA | $1.48 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1.18 |
| Parkview Townhomes | 2THR | 2BR,1.5BA | $1.50 |
| Charleston Square Apartments | 2 Bed 1 Baths | 2BR,1BA | $1.43 |
| Briarwood of Columbus | One Bedroom Apartment | 1BR,1BA | $1.42 |
| Quail Run | 1 Bedroom | 1BR,1BA | $1.66 |
| St. Barts Apartments | The Spruce | 1BR,1BA | $1.94 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 $959 at Applegate.
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 $1,100 at Charleston Square 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 Townhomes at 28th and starts from $1,305.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.