
Cheap Homes for Rent in the Downtown Columbus IN Neighborhood of Columbus, IN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Columbus IN area of Columbus.


1111 Franklin St, Unit #1111 1/2

714 Chestnut St
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.

1511 Washington St

409 6th St

318 17th St
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.
Downtown Columbus IN, Columbus, IN Local Guide

How much does it cost to rent a home in Downtown Columbus IN?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Columbus IN 2 Bedroom Homes for Rent | $1,416 | $1,100 | $1,900 |
| Downtown Columbus IN 3 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Columbus IN Neighborhood of Columbus, IN.
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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 2 Beds apartment currently listed from $899. 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 Richmond | 2BR,1BA | $899 |
| Residences on Carr Hill | S2 Matthew | Studio,1BA | $1,069 |
Best Value Apartments for Rent in Downtown Columbus IN, IN
As of July 22, 2026 the best value apartment in the Downtown Columbus IN area is the $1.13 price per square foot 3BR Upstairs Model at Arbor at Water's Edge in the in the Downtown Columbus IN neighborhood starting from $1,474. The second greatest value Downtown Columbus IN apartment is the Two Bedroom Two Bath Model at Stonegate starting at $1,299 with a $1.20 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 | 3BR Upstairs | 3BR,2BA | $1.13 |
| Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1.20 |
| Monarch Crossing | The Admiral | 2BR,2BA | $1.36 |
| St. Barts Apartments | The Redbud | 2BR,2BA | $1.50 |
| Parkview Townhomes | 2THR | 2BR,1.5BA | $1.50 |
| Williamsburg Way | The Richmond | 2BR,1BA | $1.02 |
| The Cole | A2 | 1BR,1BA | $1.52 |
| Columbus Crossing Townhomes | 2 Bedroom | 2BR,1BA | $1.60 |
| Quail Run | 1 Bedroom | 1BR,1BA | $1.66 |
| 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 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 Downtown Columbus IN
What type of rentals are currently available in Downtown Columbus IN?
There are currently 32 Apartments for Rent in Downtown Columbus IN, IN with pricing that ranges from $785 to $4,555. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Columbus IN ranging from $750 to $2,350.
What is the current price range for Rental Homes in Downtown Columbus IN?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Columbus IN ranges from $750 to $2,350 with an average monthly rent of $1,366.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.