Cheap Apartments for Rent in Columbus, MS from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Columbus.

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.

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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.

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1301 20th St N
2 Bedroom Apartments

1301 20th St N

1301 20th St NColumbus, MS 39701
property at 1004 3rd Ave S

$700 - $950

Studio To 2 Bedroom Rentals

Available Now

1004 3rd Ave S

ColumbusMS39701
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College Square
2 Bedroom Apartments

College Square

3499 Bluecutt RdColumbus, MS 39705

Cash 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.

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Falcon Lair Apartments
1 to 2 Bedroom Apartments

Falcon Lair Apartments

625 31st Ave NColumbus, MS 39705
  • Utilities Included

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.

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Showing Results 1-38, Page 1 of 1

Columbus, MS Local Guide

Cheapest Neighborhoods for Apartments in Columbus, MS

Pricing Updated: 06/21/2026

Current apartment rentals in the Columbus, MS area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Columbus Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Columbus MS$1,435$55014

Cheapest Available Columbus Apartments for Rent

 

The cheapest available apartment rental in Columbus, MS is a 1 Bed unit found at Military Square Apartments in the Downtown Columbus MS neighborhood priced from $550. Rivergate in the Downtown Columbus MS neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Columbus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Military Square Apartments1 Bed, 1 bath1BR,1BA$550
RivergateStudio Newly RenovatedStudio,1BA$675
Fox Run - Columbus2 x 12BR,1BA$755
Vintage Apartments1 BD 1BA1BR,1BA$795
419 10th St S2 Beds, 1 bath2BR,1BA$795
Richland Hills2 Beds, 1 bath2BR,1BA$825
Columbus Heights3X23BR,2BA$950
Chateaux Holly Hills Apartments2x1.5 Townhome W/D Connections Newly Renovated2BR,1BA$950
The Colony Apartment HomesOne Bedroom1BR,1BA$1,272

Best Value Apartments for Rent in Columbus, MS

As of June 21, 2026 the best value apartment in the Columbus area is the $0.88 price per square foot 423 Main St Model at 423 Main St, Unit 423 in the in the Downtown Columbus MS neighborhood starting from $2,195. The second greatest value Columbus apartment is the 4x2 Model at Columbus Heights starting at $1,150 with a $0.74 price per square foot . Here is today’s list of the best values for Columbus apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
423 Main St, Unit 423423 Main StStudio ,2BA$0.88
Columbus Heights4x24BR,2BA$0.74
Chateaux Holly Hills Apartments2x1.5 Townhome W/D Connections Newly Renovated2BR,1.5BA$0.73
Fox Run - Columbus2 x 12BR,1BA$0.84
419 10th St S2 Beds, 1 bath2BR,1BA$1.01
The Colony Apartment HomesOne Bedroom1BR,1BA$1.71
1006 N 9th St, Unit #41006 N 9th St2BR,1BA$1.26
Vintage Apartments1 BD 1BA1BR,1BA$1.33
RivergateStudio Newly RenovatedStudio ,1BA$1.23

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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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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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.

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Best Local Schools in
Columbus, MS

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Columbus Apartments

How much is rent for a Cheap One Bedroom Columbus Apartment?

The lowest price for a Cheap One Bedroom Columbus Apartment is $550 at Military Square Apartments.

What is the lowest price for a Cheap Two Bedroom Columbus Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Columbus is starting from $670 at Military Square Apartments.

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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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.