
Cheap Apartments for Rent in the Downtown Columbus IN Neighborhood of Columbus, IN from $785 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Columbus IN area of Columbus.


Total Monthly Price
1721 Elm St, Unit 1721

Williamsburg Way

Charleston Square Apartments

Briarwood of Columbus

Residences on Carr Hill

Parkview Townhomes
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.

Steinhurst Manor

St. Barts Apartments

Quail Run

Stonegate

State Street Apartments

Monarch Crossing

Total Monthly Price
Townhomes at 28th
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.

The Enclave Apartments

Columbus Crossing Townhomes

Taylor

1823 18th St

1805 18th St

The Cole

River Stone
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.

603 Chestnut St

Willowood Apartments

Applegate

714 Chestnut St

Canterbury House Apartments - Columbus

Ashford Park

Arbor at Water's Edge
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.

842 Werner Ave
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 | $1,208 | $785 | $1,847 |
| Downtown Columbus IN 1 Bedroom Apartments | $1,331 | $800 | $2,388 |
| Downtown Columbus IN 2 Bedroom Apartments | $1,593 | $865 | $4,260 |
| Downtown Columbus IN 3 Bedroom Apartments | $2,031 | $1,315 | $5,219 |
| Downtown Columbus IN 4 Bedroom Apartments | $1,665 | $1,665 | $1,665 |
Browse Apartments in this Neighborhood
There are currently 29 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
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bloomfield Apartments | One Bedroom | 1BR, 1BA | $805 |
| Williamsburg Way | The Winchester | 1BR, 1BA | $850 |
| Applegate | Studio | Studio, 1BA | $919 |
| Briarwood of Columbus | One Bedroom Apartment | 1BR, 1BA | $1,018 |
| Residences on Carr Hill | S3 Venturi | Studio, 1BA | $1,029 |
| Parkview Townhomes | 1 Bed 1 Baths | 1BR, 1BA | $1,050 |
| Quail Run | 2 Bedroom (912 Sq. Ft.) | 2BR, 1BA | $1,130 |
| Stonegate | One Bedroom One Bath | 1BR, 1BA | $1,148 |
| Steinhurst Manor | Ludwig w/ Den | 1BR, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3985 N 150 W, Unit 3983 North 150 West | 3985 N 150 W | 3BR, 2BA | $1.36 |
| The Enclave Apartments | T.HOME | 2BR, 2BA | $1.34 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR, 1BA | $1.22 |
| Arbor at Water's Edge | 2BR Downstairs | 2BR, 2BA | $1.25 |
| Stonegate | One Bedroom One Bath | 1BR, 1BA | $1.38 |
| Columbus Crossing Townhomes | 2 Bedroom | 2BR, 1BA | $1.53 |
| Steinhurst Manor | Ludwig w/ Den | 1BR, 1BA | $1.44 |
| Briarwood of Columbus | One Bedroom Apartment | 1BR, 1BA | $1.40 |
| Williamsburg Way | The Winchester | 1BR, 1BA | $1.28 |
| 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.
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 $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

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.

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.

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.