Cheap Apartments for Rent in the Downtown Columbus MS Neighborhood of Columbus, MS from $500 (28 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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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.

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1301 20th St N
2 Bedroom Apartments

1301 20th St N

1301 20th St NColumbus, MS 39701

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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College Square
2 Bedroom Apartments

College Square

3499 Bluecutt RdColumbus, MS 39705
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419 10th St S
2 Bedroom Apartments

419 10th St S

419 10th St SColumbus, MS 39701
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Falcon Lair Apartments
1 to 2 Bedroom Apartments

Falcon Lair Apartments

625 31st Ave NColumbus, MS 39705
  • 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.

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Showing Results 1-28, Page 1 of 1

Downtown Columbus MS, Columbus, MS Local Guide

Cheapest Available Downtown Columbus MS Apartments for Rent

 

The cheapest available apartment rental in the Downtown Columbus MS area of Columbus, MS is a 1 Bed unit found at Military Square Apartments priced from $550. Owls Den Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Downtown Columbus MS apartments for rent in Columbus, MS:

Apartment ListingModel NameBed/BathPriced From
Military Square Apartments1 Bed, 1 bath1BR,1BA$550
Owls Den Apartments2 Bed 1 Bath2BR,1BA$750
Fox Run - Columbus2 x 12BR,1BA$755
Vintage Apartments1 BD 1BA1BR,1BA$795
Rivergate Apartments - Columbus, MS2 x 1 Flat Newly Renovated2BR,1BA$825
Chateaux Holly Hills Apartments2x1.5 Townhome W/D Connections Newly Renovated2BR,1BA$950
Chanticleer Apartments - Columbus, MS3 x 1.5 Flat New Construction3BR,1BA$1,250

Best Value Apartments for Rent in Downtown Columbus MS, MS

As of August 04, 2026 the best value apartment in the Downtown Columbus MS area is the $0.73 price per square foot 2x1.5 Townhome W/D Connections Newly Renovated Model at Chateaux Holly Hills Apartments in the in the Downtown Columbus MS neighborhood starting from $950. The second greatest value Downtown Columbus MS apartment is the 2 x 1 Flat Newly Renovated Model at Rivergate Apartments - Columbus, MS starting at $825 with a $0.87 price per square foot in the Downtown Columbus MS neighborhood. Here is today’s list of the best values for Downtown Columbus MS apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chateaux Holly Hills Apartments2x1.5 Townhome W/D Connections Newly Renovated2BR,1.5BA$0.73
Rivergate Apartments - Columbus, MS2 x 1 Flat Newly Renovated2BR,1BA$0.87
Chanticleer Apartments - Columbus, MS3 x 1.5 Flat New Construction3BR,1.5BA$1.32
Fox Run - Columbus2 x 12BR,1BA$0.84
Owls Den Apartments2 Bed 1 Bath2BR,1BA$0.98
817 College St, Unit 817 College St #4817 College St1BR,1BA$0.93
217 11th St N, Unit A217 11th St N1BR,1BA$0.93
1006 N 9th St, Unit #31006 N 9th St2BR,1BA$1.26
Vintage Apartments1 BD 1BA1BR,1BA$1.33

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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Pet Friendly Lifestyle
Downtown Columbus Ms, Columbus, MS

Ranked #1

Among cities in Mississippi 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 MS Apartments

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Columbus MS 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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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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.